Sold
10327 Downey Avenue
Downey CA, 90241
$3,625,000
$288.25 per sqft
Sold
12,576 sqft
Residential
Built in 1959
Listed by Chris Keramati with Triqor Group 949-756-3232
Majority Large Two and Three Bedroom Units | Over a 4.6% Cap on Current Rents and 5.5% Cap Rate on Market Rents | Highly Desirable North Downey Location | Two Bedroom Units Over 1,000 sf. | Three Bedroom Units Over 1,200 sf. | Washer/Dryer Hookups in Some Units |
The Regency Apartments, a 12-unit apartment building located in Downey, CA. Built in 1959; the property offers (3) 1 bedroom units, (7) 2 bedroom units, and (2) 3 bedroom units. Each unit is very spacious and contains either a large patio or balcony. Community amenities include covered parking, laundry facility, and an open courtyard. The Regency Apartments offers an investor to acquire an income producing asset with over a 5% cap rate on market rents.
PW20076540
MLSⓇ ID
March 18, 2024
Updated
Interior Features
Laundry Description
Common Area
Fireplace
No
Cooling
No
Heating
No
Exterior/Building Features
Lot Size
0.36 Acres
Lot Features
Landscaped
Sewer
Public Sewer
Other Property Details
Area Name
699 - Not Defined
Days on Market
6
Garage
No
Parking Total
12
View
No
County
Los Angeles
Water Source
Public
Pool Features
None
Zoning
DOR3*
Listing Contact: 949-756-3232
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/18/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 3/18/2024 at 5:36 PM UTC