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Sold for $3,750,000 on 01/06/25
  • Listing Provided by: 

    Doug Rodermund DRE #01314304 dsr@morganskenderian.com,

    Morgan Skenderian,

    Jay Skenderian DRE #01220368,

    Morgan Skenderian

    Bought with: NONMEMBER MRML
    $3,750,000

    10518 Western Ave, Downey, CA 90241

    17beds
    17baths
    11,059sqft
    Multi Family
    Built in 1973
    -- sqft lot
    $3,687,200 Zestimate®
    $339/sqft
    $-- Estimated rent

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    What's special

    This well-maintained 11,059± SF building, constructed in 1973, features 12 spacious units, making it an attractive option for multifamily, low-rise, and garden-style investors. Each unit offers modern amenities and ample natural light, while the property's convenient location provides easy access to essential services and major transportation routes. With a proven track record of strong rental demand in the area, this property presents a promising prospect for investors seeking to capitalize on the robust multifamily real estate market in Downey.

    Zillow last checked: 8 hours ago

    Listing updated: January 28, 2025 at 10:27am

    Listing Provided by:

    Doug Rodermund DRE #01314304 dsr@morganskenderian.com,

    Morgan Skenderian,

    Jay Skenderian DRE #01220368,

    Morgan Skenderian

    Bought with:

    General NONMEMBER, DRE #CA

    NONMEMBER MRML

    Source: CRMLS,MLS#: PW24227517MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 17
    • Bathrooms: 17
    Appliances
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 11,059
    • Total interior livable area: 11,059 sqft

    Property

    Parking
    • Total spaces: 25
    • Parking features: Garage, Carport
    • Garage spaces: 2
    • Carport spaces: 16
    • Covered spaces: 18
    • Uncovered spaces: 7
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.40 Acres
    Details
    • Parcel number: 6252026030
    • Zoning: DOR3*
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    • Attached to another structure: Yes
    Condition
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Gutter(s), Sidewalks
    Location
    • Region: Downey

    Other

    Other facts
    • Listing terms: Cash,Cash to New Loan,Conventional
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    Estimated market value
    $3,687,200