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10611 10617 Western AVE Downey, CA 90241
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Key Details
Sold Price $2,785,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRPW24227487
Sold Date 01/06/25
Originating Board California Regional MLS
Year Built 1968
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
Interior
Laundry Community Facility
Exterior
Garage Spaces 16.0
Pool None
Building
Water District - Public
Others
Tax ID 6251035005
Special Listing Condition Not Applicable
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Bought with General NONMEMBER