Pending

10611 10617 Western Avenue

Downey CA, 90241

$2,750,000


$344.27 per sqft

Pending

7,988 sqft

Condos

Built in 1968

Listed by Doug Rodermund with Morgan Skenderian [email protected]

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.

PW24227487

MLS ID

November 4, 2024

Listed

December 5, 2024

Updated

Map

10611 10617 Western Avenue
Downey CA, 90241

Interior Features

Total Stories

2


Laundry Description

Common Area


Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.34 Acres


Lot Features

Rectangular Lot


Sewer

Public Sewer

Other Property Details

Area Name

D3 - Southwest Downey, S of Firestone, W of Downey


Taxes

$34,385


Tax Frequency

Annually


Days on Market

31


Garage

Yes


Garage Spaces

1


Parking Total

16


View

No


County

Los Angeles


Water Source

Public


Pool

No


Pool Features

None


Zoning

DOR3*

Listing History

Date

Event

Price

12/5/2024

Pending

Listing Contact: 949-251-8800 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 12/5/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 12/5/2024 at 10:20 PM UTC

 

Powered byLuxury Presence