$2,750,000
For Sale

10611 Western Avenue

Downey, CA 90241
0.34 acres | #PW24227487
Listing OfficeMorgan Skenderian
Browse 7 photos
Type:Multi-Family
Structure:House
Zone:Residential

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.

  • Property Details
      • Lot DescriptionRectangularLot
      • Stories2
    • Measurements
      • Acres0.3354
    • Parking
      • Parking Spaces1
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1968
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$2,750,000
      • Taxes Annual$34,385
  • Other
      • MLS #PW24227487

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

Nearby Listings in 90241