4 unit apartment building located in the best rental pocket of Downey, CA. This property is located across Downey High School right off 5th Street and a few steps to Stonewood Mall. The location of the property is irreplaceable and is in the best area of Downey which is the best city to own rental property in the South East Los Angeles rental market since it does not have rent control and has seen a huge increase in rent levels and decrease in vacancy factor. Rents in Downey are consistently the highest in the area. The unit mix is comprised of (2) 2bd/1ba units and (2) 1bd/1ba units. The units are in excellent condition and offer huge upside in rental income. Current rents are under market by about 20%.
Off market
$1,409,000
10727 Marbel Ave, Downey, CA 90241
3beds
2baths
3,232sqft
MultiFamily
Built in 1958
-- sqft lot
$1,409,000 Zestimate®
$436/sqft
$2,654 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
Cooling
- Central
Appliances
- Laundry: Outside
Features
- Common walls with other units/homes: 2+ common walls
Interior area
- Total interior livable area: 3,232 sqft
Property
Parking
- Total spaces: 4
- Parking features: Carport
Features
- Levels: Two
Lot
- Size: 5,658 sqft
- Features: Cul-De-Sac
Details
- Parcel number: 6253023011
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1958
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Downey
Other
Other facts
- PropertyType: Residential Income
- SpecialListingConditions: Standard
- CommonWalls: 2+ common walls
- Levels: Two
- PreviousStandardStatus: Active
- LaundryFeatures: Outside
- CommunityFeatures: Suburban
- LotFeatures: Cul-De-Sac
- ParkingFeatures: Carport
- MLSAreaMajor: E of Downey, D1 - Northeast Downey, N of Firestone
- BuildingAreaUnits: Square Feet
- ElevationUnits: Feet
- LotSizeSource: Assessor
- WaterSource: Public
- ParcelNumber: 6253023011
- TaxTractNumber: 22788
- Sewer: Public Sewer
- StandardStatus: Pending
- SeniorCommunityYN: 0
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Estimated market value
$1,409,000