The El Dorado Apartments is a 26-unit apartment community located in the highly desirable rental market of Downey CA. The property consists of mostly one-bedrooms, two laundry rooms, twenty-four open parking spaces, and a sparkling swimming pool at the center of a spacious courtyard. The owner pays for all utilities, including trash. Having a walk score of 70, the tenants can easily travel by foot to nearby schools, shops and dining. With the El Dorado Apartments being situated in a highly sought-after area, combined with a substantial amount of rental upside and an attractive low cost per unit; the subject property makes for an outstanding investment opportunity.
Off market
$5,730,000
11736 Gurley Ave, Downey, CA 90241
20beds
26baths
11,680sqft
MultiFamily
Built in 1957
-- sqft lot
$5,730,000 Zestimate®
$491/sqft
$2,472 Estimated rent
Owner options
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Estimated market value
$5,730,000