10502 Western Avenue, Downey, CA 90241

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

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

List Price
$2,100,000
Status
ACTIVE
Days on Market
5
MLS#
26104440
Subtype
Residential Income
Year Built
1961
Bedrooms
12
Bathrooms
6
Living Area
5,054
Lot Size
6,917
Acres
0.16
MLS Area Major
Northwest Downey, N of Firestone, W of Downey (D2)

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, electrical panel replacements, 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. **DRIVE BY ONLY. DO NOT WALK THE PROPERTY OR CONTACT THE TENANTS.**

Additional Information

Zoning
DOR3*
Heating
None
Stories
Two Levels
Levels
Two
Parking Features
Detached Carport, Door-Single, Garage
Garage Spaces
1

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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.