The subject property consisits of two adjacent apartment buildings (20 units & 6 units) currently being managed and operated together. The property is 100% occupied, located in an excellent rental location, and has been well-maintained by the current owner. Being situated on two parcels, a buyer will have potential break-up value in the future if they sell them off individually. A buyer will assume the in-place, 10-year fixed rate loan at the very appealing rate of 5.14%.
Off market
Street View
$4,270,500
8780 Stamps Rd, Downey, CA 90240
--beds
--baths
18,226sqft
MultiFamily
Built in 1959
-- sqft lot
$4,270,500 Zestimate®
$234/sqft
$2,512 Estimated rent
Owner options
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Estimated market value
$4,270,500