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10327 Downey Ave
Downey, CA 90241
Multifamily Property For Sale
·
12 Units
PROPERTY FACTS
| No. Units | 12 | Lot Size | 0.36 AC |
| Property Type | Multifamily | Building Size | 12,576 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1959 |
| Building Class | C | Parking Ratio | 0.95/1,000 SF |
| Zoning | R3, Downey | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.36 AC |
| Building Size | 12,576 SF |
| No. Stories | 2 |
| Year Built | 1959 |
| Parking Ratio | 0.95/1,000 SF |
| Zoning | R3, Downey |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Dishwasher
- Washer/Dryer Hookup
- Walk-In Closets
SITE AMENITIES
- Laundry Facilities
ABOUT 10327 DOWNEY AVE , DOWNEY, CA 90241
Majority Large Two and Three Bedroom Units | Over a 4.6% Cap on Current Rents and 5.5% Cap Rate on Market Rents | Highly Desirable North Downey Location | Two Bedroom Units Over 1,000 sf. | Three Bedroom Units Over 1,200 sf. | Washer/Dryer Hookups in Some Units | The Regency Apartments, a 12-unit apartment building located in Downey, CA . Built in 1959; the property offers (3) 1 bedroom units, (7) 2 bedroom units, and (2) 3 bedroom units. Each unit is very spacious and contains either a large patio or balcony. Community amenities include covered parking, laundry facility, and an open courtyard. The Regency Apartments offers an investor to acquire an income producing asset with over a 5% cap rate on market rents.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 3 | $1,326 | - |
| 2+2 | 7 | $1,876 | - |
| 3+2 | 2 | $2,305 | - |
PROPERTY TAXES
| Parcel Number | 6252-022-015 | Improvements Assessment | $2,323,997 |
| Land Assessment | $1,640,468 | Total Assessment | $3,964,465 |
PROPERTY TAXES
