11716 Gurley Avenue, Downey, CA, 90241

  • $5,950,000
  • $5,950,000
11716 Gurley Avenue , Downey, CA 90241
Active For Sale
11716 Gurley Avenue , Downey, CA 90241
  • $5,950,000
  • $5,950,000

Description

We are pleased to present this 23 unit offering in an excellent rental pocket of Downey, CA. The property has over 49% upside in rental income and has been meticulously maintained from previous ownership. There are 23 surface parking spaces, all new vinyl windows installed in 2022, no municipal rent control, only subject to AB 1482.

  • Address 11716 Gurley Avenue
  • City Downey
  • State/county CA
  • Zip/Postal Code 90241

Details

Updated on January 27, 2023 at 12:30 pm
  • Property ID: PW23005386
  • Price: $5,950,000
  • Land Area: 0.4190 Acres
  • Year Built: 1957
  • Property Type: Apartment
  • Property Status: Active

Additional details

  • PropertySubType: Apartment
  • Pool Features: Community
  • Zone: DOR3*
  • Days On Market: 17
  • Garage Spaces: 0.00
  • LotSize SquareFeet: 18252.00
  • Lot Features: Rectangular Lot
  • Community Features: Sidewalks
  • Sewer: Unknown

Features

Listed by

Younglewin Advisors, Inc.
Agent Name : Daniel Gomez
Agent State License : 02081392

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