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11816 Downey Ave
Downey, CA 90241
Multifamily Property For Sale
·
10 Units
Property Facts
| No. Units | 10 | Building Size | 10,486 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1964/2019 |
| Building Class | C | Parking Ratio | 1.43/1,000 SF |
| Lot Size | 0.31 AC | ||
| Zoning | DOR2* - Tow Family Zoning | ||
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.31 AC |
| Building Size | 10,486 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2019 |
| Parking Ratio | 1.43/1,000 SF |
| Zoning | DOR2* - Tow Family Zoning |
Amenities
Unit Amenities
- Cable Ready
Site Amenities
- Laundry Facilities
About 11816 DOWNEY AVE , DOWNEY, CA 90241
This is a beautiful turnkey building in prime Downey within 1 mile of the Downey Landing Shopping Center, Kaiser Hospital, movie theaters, restaurants and numerous other entertainment and support facilities. The property is within 2 miles of Stonewood Shopping Center. The building contains (8) 2-bedroom / 1.5-bathtownhouse (2-level) units and (2) three-bedroom / 2.5-bath townhouse units. The property has 2 covered parking spaces and 13 open spaces. The units are individually metered for gas and electricity and master metered for water. Each apartment has a separate gas water heater. There is an on-site laundry room and 2 parking spaces are rented, providing additional income. The property was recently refurbished with new paint, landscape, hardscape and other improvements. Please drive by only; do not contact the on-site manager or tenants. This is a true turnkey property with excellent physical characteristics in an excellent rental location, providing a new owner great rental upside and long-term appreciation.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | $1,735 | - |
| 3+2 | 2 | $1,795 | - |
Property Taxes
| Parcel Number | 6255-027-009 | Improvements Assessment | $2,175,476 |
| Land Assessment | $1,432,630 | Total Assessment | $3,608,106 |
Property Taxes
