12143 Downey Ave - Apartments FOR SALE


Downey, CA 90242
$3,600,000 USD
562-786-1777
12143 Downey Ave, Downey, CA for Sale
$3,600,000 USD
Apartments - FOR SALE
1/14
null | Request Cap Rate

12143 Downey Ave
Downey, CA 90242


HIGHLIGHTS

  • Spacious Units
  • Close to Stonewood Mall, Downey Landing, Promenade, PIH Hospital and Kaiser Permanente
  • Easy access to Fwy's 105, 710 and 605

OVERVIEW

Prime Investment Opportunity, these unique buildings are located in one of the desirable areas in Downey. Featuring 8 Units 2 front units are townhouse style with 2 bedrooms 1.5 bathrooms and each one with a 2 car spacious garage 4 additional units with 2 bedrooms 1 bathrooms each one with a detached 2 car carport. Plus 2 additional 1 bedrooms 1 bathrooms units each with a 2 car carport parking 12 total Parking Spaces with Great potential to add ADU's. All Units are spacious with great tenants, 2 community laundry rooms and lots of space in the back. The 2 buildings are freshly painted with New Electrical, New Dual Panel Windows, New Water Heaters in each laundry room with new circulating pumps and New Blinds in each units. All Units are partially upgraded, the one that's currently available is being fully upgraded with a new kitchen, bathroom and flooring. Projected GSI is $256,800.00. Close to Downey Promenade, Downey Landing, Restaurants, Lots of Entertainment and access to 605, 105, 710 FWY's.

FOR SALE DETAILS

PRICE

$3,600,000 USD

PRICE/SF

$533 USD /SF

# OF UNITS

8

PRICE/UNIT

$450,000

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,309 SF

ZONING

DOR3PUD*

APN/PARCEL ID

6259-012-050

ASK ABOUT THIS PROPERTY

Maria Menjivar4u RealtyMore Info
562-786-1777

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Maria Menjivar4u RealtyMore Info
562-786-1777

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