10502 Western Avenue

Downey, CA 90241

About this property

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.

About this property

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.

Features and Additional Information

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$2,100,000 Active
5,054 sqft

Presented By Benjamin Leaskou

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Get in touch today! Phone: 1-760-799-4290
License #01754516
Brokerage
Remax Commercial and Investment Realty
1-213-817-1000
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Area Information

D2 Northwest Downey | N of Firestone | W of Downey | Los Angeles County |

$ 2,100,000
This listing is play_arrow 146.5% higher than the average in the area
$ 852,000 in the area
5,054 SqFt
This listing is play_arrow 342.6% larger than the average in the area
1,142 SqFt in the area
$ 416 $/SqFt
This listing is play_arrow 45.1% less than the average in the area
$ 757 $/SqFt in the area
2 days on site
This listing is play_arrow 96.6% below the average in the area
58 days on site in the area

Schools in the Area

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    Elementary School
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    Middle School
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    High School
Listed By Nick Petrosian
Brokerage: Remax Commercial and Investment Realty

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