10611 10617 Western Avenue
Downey, CA 90241
- – beds
- – baths
- – sqft
- 14,608 sqft lot
- 1968 build
- – on site
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.
Listed By CRMLS_CA / Doug Rodermund / Morgan Skenderian / dsr@morganskenderian.com
Last checked:
Checking…
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Last updated Nov 7, 2024
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MLS# PW24227487 —
The Building
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Year Built:1968
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Year Built Source:Assessor
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New Construction:No
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Entry Level:1
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Common Walls:1 Common Wall
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Building Area Total:7988.00
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Building Area Units:Square Feet
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# of Buildings:2
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Total Number Of Units:8
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Stories Total:2
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# of Separate Gas Meters:10
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# of Separate Water Meters:2
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# of Separate Electric Meters:10
Interior
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Levels:Two
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Entry Location:1
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Laundry:Community
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Laundry:1
Location
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Directions:South of Firestone and East of Paramount Blvd.
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Latitude:33.94715400
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Longitude:-118.13209300
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:DOR3*
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Lot Features:Rectangular Lot
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Lot Size Area:14608.0000
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Lot Size Acres:0.3354
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Lot Size SqFt:14608.00
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Lot Size Source:Assessor
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Property Attached:1
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Additional Parcels:Yes
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Additional Parcels Description:6251035033
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:5
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Tax Census Tract:5509.01
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Tax Tract:33,5
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Tax Lot:5
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Tax Annual Amount:34385.00
The Listing
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Special Listing Conditions:Standard
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Parcel Number:6251035005
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Senior Community:No
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Features:Sidewalks
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Pool:None
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Private Pool:No
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Assessments:Yes
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Assessments:Special Assessments
Parking
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Parking Spaces:16.00
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Garage Spaces:1.00
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Uncovered Spaces:6.00
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Carport Spaces:9.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
11/4/24
Nov 4, 2024
|
Listed / Active | CRMLS_CA | $2,750,000 |