10611 Western Avenue

Downey, CA 90241

$2,750,000
Price
2
Beds
2
Baths
Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

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,...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.
  1. Listed by Doug Rodermund • DRE #01314304 • Brokerage DRE #01220368 • Morgan Skenderian
  2. Listed by Jay Skenderian • Brokerage DRE #01220368 • Morgan Skenderian

Property Details for 10611 Western Avenue

City Postal ID
DOWNEY (90241)
LISTING UPDATED: 11/04/2024 06:49 PM

Property Details for 10611 Western Avenue

StatusActive
MLS #PW24227487
Days on Market19
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type2-4 Units
Year Built-
Lot Size0.34 AC / 14,610 SF
CountyLos Angeles County

Building Information for 10611 Western Avenue

Stories2Residences-Year Built-Building Size-Lot Size0.34 AC / 14,610 SF

Property Information for 10611 Western Avenue

Summary Information
Property and Location
  • System ID: 306302215
  • Class: 2-4 UNITS
  • Levels: 2 Story
  • Street Number Numeric: 10611
  • Street Name: Western Avenue
  • Directions To Property: South of Firestone and East of Paramount Blvd.
HOA and Fees
  • Monthly Total Fees: $166
  • CFD/Mello-Roos Fee: $2,000
  • CFD/Mello-Roos Fee Reflct: Year
Supplement
  • Supplement: 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.
Interior and Exterior Features
Exterior Features
  • Pool: N/K
Property Information
Property and Assessments
  • Total Stories: 2
  • Entry Only: No
  • Lot Size Source: Assessor Record
  • Site: Sidewalks
  • Zoning: Assessor
  • Assessors Parcel Num: 6251035005
Multi Family Information
Unit 1
  • Unit Num for Unit 1: 1
  • Unit 1 Num of Bedrooms: 2
  • Unit 1 Num of Total Baths: 2
  • Unit 1 Rent Actual: $2,306

Property History for 10611 Western Avenue

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 10611 Western Avenue

Taxable ValueLand$131,342Additions$409,082Total$540,424
Tax Record2024$7,663 ($639 / month)
Home Facts
Total Finished SqFt3,994 SqFtAbove Grade Finished SqFt3,994 SqFtLot Size7,352 SqFtStyleQuadraplexYear Built1968ZoningDOR3*CountyLOS ANGELESAPN6251-035-005

Schools near 10611 Western Avenue

This home is within Downey Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 7 to 12
Rating
School
Distance
Rio Hondo Elementary School
PublicK to 5

Griffiths Middle School
Public6 to 8

Warren High School
Public9 to 12

Woodruff Academy
Public7 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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10611 Western Avenue is a multi-family home for sale in Downey, CA 90241. This property was listed for sale on November 4, 2024 by Morgan Skenderian, it's currently listed at $2,750,000. This listing's school district is Downey Unified School District. Nearby schools include Rio Hondo Elementary School, Griffiths Middle School and Warren High School. 10611 Western Avenue is a 2-bed, 2-bath, multi-family home.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Morgan Skenderian, Doug Rodermund, DRE #01314304; Morgan Skenderian, Jay Skenderian

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.