10611 10617 Western Avenue, Downey, CA 90241

About this property

Introducing a prime investment opportunity in the heart of Downey, CA. This meticulously maintained property offers a ±7,988 SF building comprising 8 units, each with a long history of 100% occupancy. Built in 1968, the property showcases timeless architecture and thoughtful design elements. Situated in a sought-after location, this multifamily gem presents a lucrative prospect for low-rise/garden investors seeking a stable and reliable income stream. With a strong rental history and attractive features, this property exemplifies the potential for sustained growth and profitability in the thriving Downey market.

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

Sale history

$2,785,000

Sold January 2025 · listed $2,750,000, on market November 2024 · MLS #PW24227487 · Source: CRMLS

Listing Agent: Doug Rodermund · Listing Office: Morgan Skenderian · Contact: dsr@morganskenderian.com · Bought with: General NONMEMBER · NONMEMBER MRML

Explore Downey