11605 Downey Ave, Downey, CA 90241

$4,950,000
18
BD
18
BA
12,331
SqFt

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List Price
$4,950,000
MLS#
26104421
Year Built
1971
Bedrooms
18
Bathrooms
18
Living Sq. Ft
12,331
Lot Size
19,232
Days on Market
1
Property Type
Multifamily
Stories
2

Property Description

We are pleased to present 11605 Downey Avenue, a well-maintained 14-unit multifamily asset located in the highly sought-after City of Downey. Built in 1971, the property consists of ten (10) one-bedroom/one-bath units and four (4) two-bedroom/two-bath units. The property features spacious floor plans, private patios and balconies, air conditioning, dual-pane windows, and electrical panels and breakers that have been replaced. The property offers excellent on-site parking with 28 spaces, including 13 open spaces, 13 carport spaces and one two-car garage. Additional features include gated access and an on-site laundry facility. The units are separately metered for electricity, while gas is master-metered.11605 Downey Avenue is conveniently located near Downtown Downey, providing residents with access to major shopping, dining and employment, along with convenient access to the I-5, I-105, I-605 and I-710 freeways. Downey is one of Southeast Los Angeles County's most desirable rental markets, offering a central location and convenient access to major employment centers throughout Los Angeles and Orange Counties. The City of Downey does not currently have a local rent control ordinance; applicable units remain subject to California statewide rent regulations.

Additional Information

Other Buildings
None
Heat
None
Cooling
Air Conditioning
Number of Cars in Garage
Carport Attached, Garage - 2 Car, Garage Is Attached, Parking Space
Garage Spaces Total
2

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

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