10611 Western Avenue, Downey, CA 90241
  • MLS#: PW24227487 ( Apartment )
  • Street Address: 10611 Western Avenue
  • Viewed: 1
  • Price: $2,750,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1968
  • Bldg sqft: 0
  • Days On Market: 11
  • Additional Information
  • County: LOS ANGELES
  • City: Downey
  • Zipcode: 90241
  • Provided by: Morgan Skenderian
  • Contact: Doug Doug
  • California Regional MLS IDX
  • DMCA Notice
  • 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.
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Features
Additional Parcels Description
  1. 6251035033
Assessments
  1. Special Assessments
Building Area Total
  1. 7988.00
Carport Spaces
  1. 9.00
Commoninterest
  1. Community Apartment
Common Walls
  1. 1 Common Wall
Country
  1. US
Electric Expense
  1. 3238.00
Fuel Expense
  1. 3238.00
Garage Spaces
  1. 1.00
Insurance Expense
  1. 4510.00
Laundry Features
  1. Community
Laundry Income
  1. 2400.00
Levels
  1. Two
Lot Features
  1. Rectangular Lot
Netoperatingincome
  1. 149784.00
Newtaxesexpense
  1. 34385.00
Number Of Separate Electric Meters
  1. 10
Number Of Separate Gas Meters
  1. 10
Otherexpense
  1. 1000.00
Otherexpensedescription
  1. misc
Otherincome1
  1. 1632.00
Parcel Number
  1. 6251035005
Pool Features
  1. None
Postalcodeplus4
  1. 3401
Professionalmanagementexpense
  1. 0.00
Property Type
  1. Apartment
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 426639479:CRM
Totalexpenses
  1. 68896.00
Trash Expense
  1. 3238.00
Uncovered Spaces
  1. 6.00
Vacancyallowance
  1. 6763
Water Sewer Expense
  1. 3238.00
Water Source
  1. Public
Year Built
  1. 1968
Year Built Source
  1. Assessor
Zoning
  1. DOR3*