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Listed by Doug Rodermund • Morgan Skenderian
$ 2,750,000
Est. payment | /mo
7,988 SqFt
$ 2,750,000
Est. payment | /mo
7,988 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Pending
Purchase Type For Sale
Square Footage 7,988 sqft
Price per Sqft $344
MLS Listing ID CRPW24227487
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1968
Lot Size 0.335 Acres
Property Description
Introducing a prime investment opportunity in the heart of Downey, CA. This meticulously maintained property offers a ±7,988 SF building comprising 8 units, each with a long history of 100% occupancy. Built in 1968, the property showcases timeless architecture and thoughtful design elements. Situated in a sought-after location, this multifamily gem presents a lucrative prospect for low-rise/garden investors seeking a stable and reliable income stream. With a strong rental history and attractive features, this property exemplifies the potential for sustained growth and profitability in the thriving Downey market.
Location
State CA
County Los Angeles
Interior
Fireplace No
Laundry Community Facility
Building
Lot Description Other
Water Public
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