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11560 Paramount Blvd
Downey, CA 90241
Multifamily Property For Sale
·
18 Units
Investment Highlights
- EXCELLENT RENTAL LOCATION IS CENTRAL DOWNEY
- SUBSTANTIAL RENT UPSIDE AND OPPORTUNITY TO ADD VALUE
- EXISTING SPACE USED AS A SINGLE APARTMENT (NOT RENTED) THAT COULD BE CONVERTED TO AN ADU (BUYER TO CHECK WITH CITY OF DOWNEY)
- GREAT UNIT MIX OF: (17) 2-BEDROOM / 1-BATH AND (1) 3-BEDROOM / 2-BATH
- NO LOCAL RENT CONTROL - AB 1482 ONLY
- EXCELLENT ON-SITE AMENITIES
Property Facts
| No. Units | 18 | Building Size | 15,228 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1963 |
| Building Class | C | Parking Ratio | 1.5/1,000 SF |
| Lot Size | 0.38 AC | ||
| Zoning | C1, Downey | ||
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.38 AC |
| Building Size | 15,228 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1963 |
| Parking Ratio | 1.5/1,000 SF |
| Zoning | C1, Downey |
Amenities
Unit Amenities
- Storage Space
Site Amenities
- Laundry Facilities
- Pool
- Security System
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 17 | $2,276 | 825 |
Property Taxes
| Parcel Number | 6255-015-004 | Improvements Assessment | $1,916,632 |
| Land Assessment | $1,393,912 | Total Assessment | $3,310,544 |
Property Taxes
Parcel Number
6255-015-004
Land Assessment
$1,393,912
Improvements Assessment
$1,916,632
Total Assessment
$3,310,544
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