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10518 Western Avenue

Downey, CA 90241

– beds
– baths
– sqft
~1/2 acre lot
1973 build
– on site

This well-maintained 11,059± SF building, constructed in 1973, features 12 spacious units, making it an attractive option for multifamily, low-rise, and garden-style investors. Each unit offers modern amenities and ample natural light, while the property's convenient location provides easy access to essential services and major transportation routes. With a proven track record of strong rental demand in the area, this property presents a promising prospect for investors seeking to capitalize on the robust multifamily real estate market in Downey.

Listed By CRMLS_CA / Doug Rodermund / Morgan Skenderian / dsr@morganskenderian.com

Last checked: Checking… • Last updated Nov 7, 2024 •

MLS# PW24227517 —

The Building

Year Built:

1973
Year Built Source:

Assessor
New Construction:

No
Entry Level:

1
Common Walls:

1 Common Wall
Building Area Total:

11059.00
Building Area Units:

Square Feet
# of Buildings:

1
Total Number Of Units:

12
Stories Total:

2
# of Separate Gas Meters:

13
# of Separate Water Meters:

1
# of Separate Electric Meters:

13

Interior

Levels:

Two
Entry Location:

1
Laundry:

Common Area
Laundry:

1

Location

Directions:

South of Florence Ave and West of Downey Ave.
Latitude:

33.94800300
Longitude:

-118.13070400

The Property

Property Type:

Residential Income
Subtype:

Apartment
Zoning:

DOR3*
Lot Features:

Lot 10000-19999 Sqft
Lot Size Area:

17400.0000
Lot Size Acres:

0.3994
Lot Size SqFt:

17400.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Block:

7
Tax Census Tract:

5509.02
Tax Tract:

30
Tax Lot:

13
Tax Annual Amount:

47071.00

The Listing

Special Listing Conditions:

Standard
Parcel Number:

6252026030

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Senior Community:

No
Features:

Curbs, Gutters, Sidewalks
Pool:

None
Private Pool:

No
Assessments:

Yes
Assessments:

Special Assessments

Parking

Parking Spaces:

25.00
Garage Spaces:

2.00
Uncovered Spaces:

7.00
Carport Spaces:

16.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
11/4/24 Nov 4, 2024	Listed / Active	CRMLS_CA	$3,700,000

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This multifamily located in Southeast La, Downey, CA 90241 is currently for sale for $3,700,000. 10518 Western Avenue is a – square foot multifamily with – beds and – baths that has been on Estately for 14 days. 10518 Western Avenue is in the Southeast La neighborhood of Downey and has a WalkScore® of 73, making it very walkable. This multifamily is in the attendance area of Griffiths Middle School, Rio Hondo Elementary School, and Warren High School.

Listing Courtesy of: CRMLS_CA and Morgan Skenderian. Based on information from California Regional Multiple Listing Service, Inc. as of 23:58 on Nov 17.

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, 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.