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8116 3rd St
Downey, CA 90241
14 Units | Prime Downey · Multifamily Property For Sale
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14 Units
Investment Highlights
- Highly Desirable Rental Market of Downey
- Great Unit Mix of Studio and One Bedrooms
- 14 Detached Single Car Garages
- Attractive Low Cost Per Unit
- Substantial Amount of Upside in the Rental Income
- New Stucco and Upgraded Windows
Property Facts
| No. Units | 14 | Building Size | 7,704 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1941 |
| Building Class | C | Parking Ratio | 1.82/1,000 SF |
| Lot Size | 0.48 AC | ||
| Zoning | DOC3* - Commercial | ||
| No. Units | 14 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.48 AC |
| Building Size | 7,704 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1941 |
| Parking Ratio | 1.82/1,000 SF |
| Zoning | DOC3* - Commercial |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $1,175 | 670 |
| Studios | 6 | $957.00 | 388 |
Property Taxes
| Parcel Number | 6254-003-025 | Improvements Assessment | $1,700,000 |
| Land Assessment | $1,100,000 | Total Assessment | $2,800,000 |
Property Taxes
Parcel Number
6254-003-025
Land Assessment
$1,100,000
Improvements Assessment
$1,700,000
Total Assessment
$2,800,000
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