Homes for sale - 10611 10617 Western AVE, Downey, CA 90241

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Alana King

alana@soldbyalanaking.com +1(805) 242-2114

$ 2,750,000

Est. payment | -/mo

0.34 Acres Lot

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$ 2,750,000

Est. payment | -/mo

Save

0.34 Acres Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW24227487

HOA Y/N No

Year Built 1968

Annual Tax Amount $34,385

Lot Size 0.335 Acres

Property Description

Introducing a prime investment opportunity in the heart of Downey, CA. This meticulously maintained property offers a ±7,988 SF building comprising 8 units, each with a long history of 100% occupancy. Built in 1968, the property showcases timeless architecture and thoughtful design elements. Situated in a sought-after location, this multifamily gem presents a lucrative prospect for low-rise/garden investors seeking a stable and reliable income stream. With a strong rental history and attractive features, this property exemplifies the potential for sustained growth and profitability in the thriving Downey market.

Location

State CA

County Los Angeles

Area D3 - Southwest Downey, S Of Firestone, W Of Downey

Zoning DOR3*

Interior

Fireplace No

Laundry Common Area

Exterior

Garage Spaces 1.0

Carport Spaces 9

Garage Description 1.0

Pool None

Community Features Sidewalks

Total Parking Spaces 16

Private Pool No

Building

Lot Description Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6251035005

Energy Description 3238.0

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

Listed by Doug Rodermund • Morgan Skenderian • dsr@morganskenderian.com

+1(805) 242-2114

alana@soldbyalanaking.com

Paso Robles, CA, 93446, USA

10611 10617 Western AVE Downey, CA 90241