10502 Western Avenue, Downey, CA 90241

$2,100,000
12
BD
6
BA
5,054
SqFt

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List Price
$2,100,000
Status
ACTIVE
MLS#
26104440
Year Built
1961
Bedrooms
12
Bathrooms
6
Living Sq. Ft
5,054
Lot Size
6,917
Acres
0.16
Days on Market
0
Property Type
Multifamily
Stories
Two Levels

Property Description

We are pleased to present 10502 Western Avenue, a well-maintained 6-unit apartment building located in the highly sought after North Downey area. The property features an attractive 100% two-bedroom/one-bath unit mix, dual-pane windows throughout, upgraded electrical panels, separately metered gas and electricity, seven on-site parking spaces, and an on-site laundry facility providing additional income. The property offers convenient access to Downtown Downey, shopping, dining and major freeways. North Downey remains one of the most desirable residential areas in the city, making 10502 Western Avenue an excellent opportunity to acquire a well-located multifamily asset in a highly sought-after rental market. The City of Downey does not have a local rent control ordinance; the property is subject to statewide rent regulations.03

Additional Information

Heat
None
Cooling Description
None
Garage Spaces Total
1
Attached Structure
Detached
Number Of Units Total
6

Listing courtesy of Listing Agent: Nick Petrosian (npetrosian@remaxcir.com) from Listing Office: Remax Commercial and Investment Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.