10502 Western Ave, Downey, CA 90241

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

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List Price
$2,100,000
MLS#
26104440
Year Built
1961
Bedrooms
12
Bathrooms
6
Living Sq. Ft
5,054
Lot Size
6,917
Days on Market
1
Property Type
Multifamily
Stories
2

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.

Additional Information

Other Buildings
None
Heat
None
Cooling
None
Number of Cars in Garage
Carport Detached, Garage - 1 Car, Garage Is Attached
Garage Spaces Total
1

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Courtesy of Remax Commercial and Investment Realty, Nick Petrosian - CA DRE#01462598

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