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.
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
Owner options
What's special
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#: PW24227517
Originating 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