11816 Downey Ave | Downey, CA 90241
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- LoopNet Team
11816 Downey Ave
Downey, CA 90241
Multifamily Property For Sale
·
10 Units
Investment Highlights
- EXCELLENT RENTAL LOCATION
- FANTASTIC UNIT MIX OF 2 & 3-BEDROOM UNITS - TOWNHOUSE STYLE
- NEAR DOWNEY LANDING, STONEWOOD SHOPPING CENTER, KAISER HOSPITAL, MOVIE THEATRES, ETC.
- BEAUTIFUL TURNKEY BUILDING
- 100% OCCUPIED WITH SUBSTANTIAL RENT UPSIDE
- NEW EXTERIOR PAINT, LANDSCAPE, HARDSCAPE, ETC.
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
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+2 | 8 | $1,654 | 1,000 |
| 3+2 | 2 | $1,795 | 1,125 |
Property Taxes
| Parcel Number | 6255-027-009 | Improvements Assessment | $2,175,476 |
| Land Assessment | $1,432,630 | Total Assessment | $3,608,106 |
Property Taxes
Parcel Number
6255-027-009
Land Assessment
$1,432,630
Improvements Assessment
$2,175,476
Total Assessment
$3,608,106
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