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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

    List your home for rent

    $2,654/mo

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    $2,654/mo

    Rent Zestimate®

    Refinance and save

    $8,822/mo

    Est. payment

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    $8,822/mo

    Est. payment

    What's special

    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%.

    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