10515 Downey Ave - Multi-Family FOR SALE


Downey, CA 90241
$1,950,000 USD
626-664-9863
10515 Downey Ave, Downey, CA for Sale
$1,950,000 USD
Multi-Family - FOR SALE
1/5
null | 4.37% Cap Rate

10515 Downey Ave
Downey, CA 90241


HIGHLIGHTS

  • Huge Three Bedroom and Two Bedroom Units
  • Seven Single Car Garages and Two Covered Parking Spaces
  • Value-Add Potential
  • Excellent Owner/User Opportunity

OVERVIEW

Skyline Commercial Advisors is offering the opportunity to acquire a huge fourplex on Downey Ave, for sale by its original builders. With a highly coveted unit mix, these large units are ideal for an owner/user or an investor looking to add to their portfolio. Ample parking, including extra garages help contribute to this well maintained property, which has further upside with interior modernization. The Downey Ave Fourplex is part of a four-property portfolio of similarly constructed buildings in Bellower and Downey, which may be purchased either individually or as a portfolio.

FOR SALE DETAILS

PRICE

$1,950,000 USD

PRICE/SF

$271 USD /SF

# OF UNITS

4

PRICE/UNIT

$487,500

CAP RATE

4.37%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.19 AC

LAND SF

8,125 SF

ZONING

DOR3*

APN/PARCEL ID

6252-025-008

ASK ABOUT THIS PROPERTY

Chris PettitSkyline Commercial Real EstateMore Info
626-664-9863

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Chris PettitSkyline Commercial Real EstateMore Info
626-664-9863

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.