10611 10617 Western Avenue

Downey, CA 90241

$2,750,000

List Price

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bed Beds

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shower Baths

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straighten / sqft

1968

calendar_month Built

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.

Listing Information

List Price $2,750,000
Status Active
MLS PW24227487
Type Residential Income
Subtype Apartment
Year Built 1968
Lot Size 14,608
Structure Size N/A
Courtesy Of Morgan Skenderian
Listing Agent Doug Rodermund DRE#01314304
Co-Listing Agent Jay Skenderian DRE#01220368

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
Total Bathroom
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Exterior Information

Maps

Listing information courtesy of: Doug Rodermund, Jay Skenderian, Morgan Skenderian . *Based on information from the Association of REALTORS/Multiple Listing as of Nov 5th, 2024 at 12:05 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.