10611 10617 Western AVE Pending

Downey,CA 90241

$ 2750000

- Bed

- Bath

- SqFt


Key Details

Property Type Condo

Sub Type Apartment

Listing Status Pending

Purchase Type For Sale

MLS Listing ID PW24227487

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

Laundry Common Area

Exterior

Garage Spaces 1.0

Garage Description 1.0

Pool None

Community Features Sidewalks

Building

Lot Description Rectangular Lot

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Acceptable Financing Cash,Cash to New Loan,Conventional

Listing Terms Cash,Cash to New Loan,Conventional

Special Listing Condition Standard

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