See all 8 photos
8 photos
$8,400,000
$8,500,000 1.2%
Est. payment /mo
1 Sqft Lot
UPDATED:
Key Details
Sold Price $8,400,000
Property Type Residential Income
Sub Type Apartment
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25082228
Year Built 1953
Annual Tax Amount $108,060
Lot Size 1 Sqft
Property Sub-Type Apartment
Property Description
The Downey Villa Apartments offer an investor the opportunity to acquire 45 units in the best location of all of Downey—caddy corner to the Downey Landing development. The property has phenomenal exposure on the high-traffic major thoroughfare of Lakewood Boulevard and Stewart & Gray Road. Residents enjoy a community pool, on-site parking, an on-site laundry room and a quick walk across the street to all Downey Landing has to offer.
Location
State CA
County Los Angeles
Area 699 - Not Defined
Zoning DOR3-P*
Interior
Laundry Common Area
Exterior
Pool Private
Community Features Curbs, Gutter(s)
Building
Lot Description Rectangular Lot
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash to New Loan, Conventional
Listing Terms Cash to New Loan, Conventional
Special Listing Condition Standard
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Listed by Doug Rodermund Morgan Skenderian dsr@morganskenderian.com
Bought with Doug Rodermund Morgan Skenderian
Bought with Doug Rodermund Morgan Skenderian
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