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12135 Downey Ave Downey, CA 90242

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For Sale
$2,700,000

Five units, each with two bedrooms and two bathrooms.

Lot size:
0.24 Acres

Property Features for 12135 Downey Ave

General Information

Standard status
Active
Zoning
Assessor
Lot size
0.24 Acres

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Listing Contact
Maria Menjivar
Maria Menjivar
Source: Crexi

Listing Agency: 4U Realty Listing Agent: Maria Menjivar

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Downey Multifamily Investment Opportunity

This multifamily property is located in a growing city and features five units. Each unit includes two bedrooms and two bathrooms. There are five two-car garages, providing a total of ten parking spaces. The property offers potential for adding Accessory Dwelling Units (ADUs). A community laundry room is present, offering additional income potential. The property is located close to restaurants and movie theaters at Downey Landing, Promenade, and Stonewood Mall. It is also situated approximately five minutes away from PIH Hospital and Kaiser Permanente, with convenient access to the 105, 710, and 605 freeways.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Downey
County
Los Angeles
State
California
Longitude
-118.1416827
Latitude
33.9286682

FAQs

What type of property is this?
Apartment building - Five units, each with two bedrooms and two bathrooms.
Where is this apartment building located?
The property is located at 12135 Downey Ave Downey, CA.
What is the asking price?
The asking price for this property is $2,700,000.
What are key features of this property?
This property features: - Five units, each with 2 bedrooms and 2 bathrooms, offering immediate rental income potential.; - Great potential to add ADUs for increased income and property value.; - Includes five 2-car garages (10 parking spaces total).
More about this property
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