Get the App

10023 Pomering Road, Downey, CA 90240

Property

10023 Pomering Road, Downey, CA 90240 Sold September 2023 CRMLS
$1,325,000Sold September 2023

Listing Agent: Nicholas Petrosian (DRE #01462598) · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: Nicholas Petrosian · Remax Commercial and Investment Realty · MLS #23306571 · Source: CRMLS

8
Bedrooms
6
Bathrooms
3,840
Sq Ft
7,231 sqft
Lot Size
1954
Year Built
Property
Type
2
Stories
None
Cooling
WallFurnace
Heating

About this property

10023 Pomering Road is a 6-unit multifamily investment asset located in the highly desirable North Downey rental market. The property features (2) two bedroom units and (4) one bedroom units with (6) garage parking spaces. There is approximately (50%) upside in the rents. The subject property has been in the same family for decades and is an excellent investment opportunity because of it's outstanding location, substantial amount of rental upside, ADU potential and no local rent control barriers.

Listing description from the September 2023 sale, as reported to CRMLS.

Sale history

$1,325,000
Sold September 2023 · listed $1,380,000, on market August 2023 · MLS #23306571 · Source: CRMLS
Listing Agent: Nicholas Petrosian · Listing Office: Remax Commercial and Investment Realty · Contact: 213-817-1000 · Bought with: Nicholas Petrosian · Remax Commercial and Investment Realty
See homes for sale in Downey Open the Nalren App

Explore Downey