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11716 Gurley Avenue, Downey, CA 90241

Property

11716 Gurley Avenue, Downey, CA 90241 Sold July 2023 CRMLS
$5,750,000Sold July 2023

Listing Agent: Daniel Gomez (DRE #02081392) · Listing Office: Younglewin Advisors, Inc. · Contact: 562-266-7629 · Bought with: Daniel Gomez · Younglewin Advisors, Inc. · MLS #PW23005386 · Source: CRMLS

18,252 sqft
Lot Size
1957
Year Built
Property
Type
0
Garage

About this property

We are pleased to present this 23 unit offering in an excellent rental pocket of Downey, CA. The property has over 49% upside in rental income and has been meticulously maintained from previous ownership. There are 23 surface parking spaces, all new vinyl windows installed in 2022, no municipal rent control, only subject to AB 1482.

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

Sale history

$5,750,000
Sold July 2023 · orig. $6,325,000, on market December 2022 · MLS #PW23005386 · Source: CRMLS
Listing Agent: Daniel Gomez · Listing Office: Younglewin Advisors, Inc. · Contact: 562-266-7629 · Bought with: Daniel Gomez · Younglewin Advisors, Inc.
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