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Sold for $5,750,000 on 07/17/23
    • Listing Provided by: 

    Daniel Gomez DRE #02081392 562-266-7629,

    Younglewin Advisors, Inc.,

    Shane Young DRE #01963090,

    Younglewin Advisors, Inc.

    Bought with: Younglewin Advisors, Inc.
    $5,750,000

    11716 Gurley Ave, Downey, CA 90241

    26beds
    23baths
    12,646sqft
    Multi Family
    Built in 1957
    -- sqft lot
    $5,767,900 Zestimate®
    $455/sqft
    $2,787 Estimated rent

    Owner options

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    $2,787/mo

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    $2,787/mo

    Rent Zestimate®

    Refinance and save

    $36,080/mo

    Est. payment

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    $36,080/mo

    Est. payment

    What's special

    We are pleased to present this 23 unit offering in an excellent rental pocket of Downey, CA. The property has over 49% upside in rental income and has been meticulously maintained from previous ownership. There are 23 surface parking spaces, all new vinyl windows installed in 2022, no municipal rent control, only subject to AB 1482.

    Zillow last checked: 8 hours ago

    Listing updated: July 17, 2023 at 04:37pm

    Listing Provided by:

    Daniel Gomez DRE #02081392 562-266-7629,

    Younglewin Advisors, Inc.,

    Shane Young DRE #01963090,

    Younglewin Advisors, Inc.

    Bought with:

    Daniel Gomez, DRE #02081392

    Younglewin Advisors, Inc.

    Shane Young, DRE #01963090

    Younglewin Advisors, Inc.

    Source: CRMLS,MLS#: PW23005386MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 26
    • Bathrooms: 23
    Appliances
    • Included: Dryer, Washer
    • Laundry: Common Area
    Features
    • Common walls with other units/homes: 1 Common Wall
    Interior area
    • Total structure area: 12,646
    • Total interior livable area: 12,646 sqft

    Property

    Parking
    • Total spaces: 23
    • Uncovered spaces: 23
    Features
    • Pool features: Community
    Lot
    • Size: 0.42 Acres
    • Features: Rectangular Lot
    Details
    • Parcel number: 6255014039
    • 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: 1957

    Utilities & green energy

    • Sewer: Unknown
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Sidewalks, Pool
    Location
    • Region: Downey

    HOA & financial

    Other financial information
    • Total actual rent: 29893

    Other

    Other facts
    • Listing terms: 1031 Exchange
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    Estimated market value
    $5,767,900

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