Golf Course
Address
10331 Downey Avenue Downey, CA
Price
$ 2,515,000
Property Attributes
  • MLS#PW20138007
  • TypePending
  • CountyLOS ANGELES
  • CityDowney
  • Zip90241
  • Style
  • Price$ 2,515,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage10128
  • Lot Size0.38 Acres
Listing Provided Courtesy Of:
Shane Young with Marcus & Millichap.
Property Description

We are pleased to present the opportunity to acquire 10331 Downey Avenue, a 8-unit multifamily investment property located in Downey, California. 10331 Downey Avenue was constructed in 1989 and is situated on a 0.38 acre lot. The property consists of eight two-bedroom two-bathroom units which are each approx 1,266 sqft and offer amenities including attached 2-car garages with direct access to the unit, in unit washer and dryer hook ups and private patios in the front. The property has been proudly maintained for over 25 years with promptly repairs when needed. 10331 Downey Avenue is separately metered for gas, electricity and water. 10331 Downey Avenue is conveniently located near the 710, 605 and 5 freeways and is in very close proximity to multiple retail centers, restaurants, golf courses, entertainment and schools. Given the fantastic Downey location and the quality of the asset, this property is well suited to provide investors with strong returns and value appreciation over the long term investment horizon. 100% 2 Bed 2 Bath Units ----- Large 1,266 sqft Units ---- Desirable Rental Location ---- 1989 Construction ---- Separately Metered for Water, Electricity and Gas ---- Quick Access to 5/605/710 Freeways ---- Attached 2-Car Garages w/ in unit Laundry.

Price History
7/14/2020 Listed $2,515,000

General Features

Attached Structure Attached
Community Features Curbs
Directions Downey Avenue & E. Florence Avenue
Garage Spaces 0.00
Listagentaor Pacific West
Listing Agent Shane Young - BRE#01963090
Listing Agent State License 01963090
MLS Area 699 - Not Defined
Pool Features None
Price Per Square Foot 248.32
Property Attached Y/N Yes
Sewer Public Sewer
Source System CRMLS
Special Listing Conditions Standard
Total Units 8
Zoning DOR3*

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls 2+ Common Walls
Laundry Features Inside
Laundry Y/N Yes
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 10128.00
Land Lease Y/N Yes
Lot Features Level with Street
Lot Size Acres 0.3800
Lot Size Area 0.3800
Lot Size Source Assessor
Lot Size Square Feet 16552.80
Lot Size Units Acres
Number of Buildings 1
Number of Separate Electric Meters 8
Number of Separate Gas Meters 8
Number of Separate Water Meters 8
Total Parking 0.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90241

Price
AVG $780K
$2.52M
Visits
AVG 62
72
Year Built
AVG 1971
1989

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

Areas We Cover