Downey, CA 90241,10459 Downey AVE

$3,145,000

Est. payment /mo

$3,180,000

1.1%
Est.Price: ?

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10459 Downey AVE Downey, CA 90241

11,076 SqFt

SOLD DATE : 11/12/2014

Key Details

Sold Price $3,145,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 11,076 sqft

Price per Sqft $283

MLS Listing ID PW14155493

Sold Date 11/12/14

HOA Y/N No

Year Built 1949

Lot Size 0.374 Acres

Acres 0.374

Property Description

Located in North Downey among multimillion dollar historic homes, directly next door to Our Lady of Perpetual Help private school, and across the street from the landmark architecture of the First Presbyterian Church of Downey—this property offers a buyer the opportunity to purchase a rare gem in an excellent rental market. The subject property has prime street exposure along Downey Avenue, the main thoroughfare and most prestigious street to own apartments on in the region. The property consists of (2) studios, (6) one-bedrooms/one bath, (6) two bedrooms/one bath and (2) two bedroom/two bath + dens. There is new lush landscaping throughout the community along with a new luxurious brick courtyard and walkways, providing tenants with an atmosphere of quiet enjoyment with a modern feel. The owners have recently upgraded the interiors of the units and installed new copper plumbing. The exterior has been extensively renovated as well, with a new modern paint scheme being implemented, new parking lot surface, new sewer line and other improvements.

Location

State CA

County Los Angeles

Area D2 - Northwest Downey, N Of Firestone, W Of Downey

Interior

Fireplace No

Exterior

Carport Spaces 10

Pool None

Community Features Curbs, Sidewalks

Utilities Available SewerAvailable

Total Parking Spaces 16

Private Pool No

Building

Lot Description Item1620UnitsAcre

Story 2

Entry Level Two

Water Public

Level or Stories Two

Others

Tax ID 6252024006

Acceptable Financing Cash, CashtoNewLoan

Listing Terms Cash, CashtoNewLoan

Financing CashtoNewLoan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Doug Rodermund • Morgan Skenderian
Bought with Doug Rodermund • Morgan Skenderian

GUIDE SoCal

Broker | License ID: DRE#01976964

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