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11026 Pangborn Ave
Downey, CA 90241
Pinewood Apartments · Multifamily Property For Sale
·
35 Units
Investment Highlights
- First Time on the Market in Over 30 Years
- Well-Maintained Asset with Copper Plumbing
- Great Downey Location North of Firestone Boulevard
- Over a 7% Cap Rate on Market Rents
Property Facts
| No. Units | 35 | Building Size | 16,776 SF |
| Property Type | Multifamily | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1969 |
| Building Class | C | Parking Ratio | 2.21/1,000 SF |
| Lot Size | 0.45 AC | ||
| Zoning | DOP* | ||
| No. Units | 35 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.45 AC |
| Building Size | 16,776 SF |
| Average Occupancy | 94% |
| No. Stories | 2 |
| Year Built | 1969 |
| Parking Ratio | 2.21/1,000 SF |
| Zoning | DOP* |
Amenities
Unit Amenities
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Gated
- Online Services
- Walk-Up
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 29 | $1,577 | 525 - 600 |
| 2+1 | 5 | $1,815 | 900 - 950 |
| 2+2 | 1 | $2,800 | 1,100 |
Property Taxes
| Parcel Number | 6287-024-004 | Improvements Assessment | $2,650,000 |
| Land Assessment | $1,800,000 | Total Assessment | $4,450,000 |
Property Taxes
Parcel Number
6287-024-004
Land Assessment
$1,800,000
Improvements Assessment
$2,650,000
Total Assessment
$4,450,000
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