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10518 Western Avenue, Downey, CA 90241

Property

10518 Western Avenue, Downey, CA 90241 Sold January 2025 CRMLS
$3,750,000Sold January 2025

Listing Agent: Doug Rodermund (DRE #01314304) · Listing Office: Morgan Skenderian · Contact: dsr@morganskenderian.com · Bought with: General NONMEMBER · NONMEMBER MRML · MLS #PW24227517 · Source: CRMLS

17,400 sqft
Lot Size
1973
Year Built
Property
Type
2
Stories
2
Garage
$47,071/yr
Taxes

About this property

This well-maintained 11,059± SF building, constructed in 1973, features 12 spacious units, making it an attractive option for multifamily, low-rise, and garden-style investors. Each unit offers modern amenities and ample natural light, while the property's convenient location provides easy access to essential services and major transportation routes. With a proven track record of strong rental demand in the area, this property presents a promising prospect for investors seeking to capitalize on the robust multifamily real estate market in Downey.

Listing description from the January 2025 sale, as reported to CRMLS.

Sale history

$3,750,000
Sold January 2025 · listed $3,700,000, on market November 2024 · MLS #PW24227517 · Source: CRMLS
Listing Agent: Doug Rodermund · Listing Office: Morgan Skenderian · Contact: dsr@morganskenderian.com · Bought with: General NONMEMBER · NONMEMBER MRML
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