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Charles Sheldrake

csheldrake@att.net +1(949) 939-6100

$ 2,100,000

Est. payment | -/mo

12 Beds

6 Baths

5,054 SqFt

Save

$ 2,100,000

Est. payment | -/mo

Save

12 Beds

6 Baths

5,054 SqFt

Key Details

Property Type Single Family Home

Listing Status Active Under Contract

Purchase Type For Sale

Square Footage 5,054 sqft

Price per Sqft $415

MLS Listing ID 26104440

Bedrooms 12

HOA Y/N No

Year Built 1961

Lot Size 6,917 Sqft

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.**

Location

State CA

County Los Angeles

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

Zoning DOR3*

Interior

Heating None

Cooling None

Fireplace No

Laundry Laundry Room

Exterior

Parking Features Detached Carport, Door-Single, Garage

Garage Spaces 1.0

Garage Description 1.0

Total Parking Spaces 6

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6252026012

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Nick Petrosian Remax Commercial and Investment Realty #01462598

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 939-6100

csheldrake@att.net

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10502 Western AVE Downey, CA 90241