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We are pleased to present 11520 Adco Ave, a 4-unit multi-family community located in the prime rental market of Downey, CA. Centrally located between four major freeways, the Property is just minutes from Downtown LA, Orange County, and the Pacific Ocean. The property was built in 1956 and is comprised of approximately 3,249 rentable square feet on a 7,265 square foot lot. The building has an outstanding unit mix, comprising entirely of spacious 2 bedroom1 bathroom units. The property is separately metered for gas and electricity, features ample parking, and the tenants benefit from the property's central location. In addition, there is a laundry facility on site for tenants' convenience, select units have been renovated with new kitchens, and the building has a new roof. This is an outstanding opportunity to acquire a desirable multi-family asset with substantial upside in the city of Downey and would be a great addition to any investor's portfolio. * This is a trust sale, and will be subject to approval by all trustees, please inquire with the listing agent for further details. MLS® ID: PW22205620 Listed: 9/11/22 Updated: 10/4/22 Interior Features Total Bedrooms: 0 Total Bathrooms: 0 Laundry Description: None Exterior/Building Features Lot Size: 7,265 ft2 lot Lot Details: 2-5 Units/Acre Sewer: Public Sewer Other Property Details Area Name: D4 - Southeast Downey, S of Firestone, E of Downey HOA Amenities: Curbs, Sidewalks Garage: Yes Garage Spaces: 4 Parking: Y Parking Total: 8.0 View: N County: Los Angeles Water Source: Public Pool: No Pool Description: None Total Stories: 1 Zoning: DOR3* Listed by Kevin King, Marcus & Millichap, Based on information from California Regional Multiple Listing Service, Inc. as of 10/4/22. 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, 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.
आपकी रुचि हो सकती है:
First Time Ever on the Market: :Owned by Original Developer: :All Large 2 & 4-Bedroom Town Home Units: :Located on the Best Thoroughfare in Downey: :Over 2:1 Parking Ratio:
We are pleased to present Downey Palms, a 16-unit apartment community, located in Downey, CA. At a 4% CAP rate on current income, and with approximately 30% upside on rents, this property is priced un
We are pleased to present Downey Palms, a 16-unit apartment community, located in Downey, CA. At a 4% CAP rate on current income, and with approximately 30% upside on rents, this property is priced un
6 bedrooms, 7.5 bath home in North Downey with beautiful double stair entry, and a state of the art chandelier. Gourmet kitchen with high-end cabinets and appliances, a living room with a fireplace,
6 bedrooms, 7.5 bath home in North Downey with beautiful double stair entry, and a state of the art chandelier. Gourmet kitchen with high-end cabinets and appliances, a living room with a fireplace, f
Welcome Home!!! MLS® ID: RS22004995 Listed: 1/9/22 Updated: 10/14/22 Interior Features Kitchen Appliances: Built-In Range, Barbecue, Conv