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$ 4,950,000
Est. payment /mo
New
11605 Downey Avenue Downey, CA 90241
12,331 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 12,331 sqft
Price per Sqft $401
MLS Listing ID CL26104421
HOA Y/N No
Year Built 1971
Lot Size 0.442 Acres
Acres 0.4415
Property Sub-Type Other
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 panel and breaker replacements. 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. **DRIVE BY ONLY. DO NOT WALK THE PROPERTY OR CONTACT THE TENANTS.**
Location
State CA
County Los Angeles
Zoning WDOR3*
Interior
Heating None
Fireplace No
Laundry Laundry Room
Building
New Construction No
Others
Tax ID 6255013020

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Listed by Nick Petrosian • Remax Commercial and Investment Realty






