x
Price Reduction
Address
9231 Washburn Road Downey, CA
Price
$ 8,550,000
Property Attributes
  • MLS#PW19232172
  • TypeIncome
  • CountyLOS ANGELES
  • CityDowney
  • AreaSouthwest Downey - S of Firestone - W of Downey
  • Zip90242
  • Style
  • Price$ 8,550,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage25526
  • Lot Size1 Acres
Listing Provided Courtesy Of:
Doug Rodermund with Morgan Skenderian.
Property Description

Welcome to Del Norte Apartments, a 33-unit apartment investment opportunity located in the exceptionally strong rental market of Downey. Del Norte Apartments is located in one of the best parts of Downey, just steps to the brand new retail, dining and entertainment hub of Downey Landing. This apartment community is comprised of 85% two and three-bedroom units with new vinyl windows, new copper plumbing, and granite countertops & tile flooring throughout. Available for the first time in 20 years, Del Norte Apartments is an excellent investment opportunity to invest in a well-maintained asset in one of the best locations in the city of Downey offering a new investor tremendous upside potential. *Phenomenal Downey Rental Location, *85% 2 & 3-Bedroom Units, *Copper Plumbing, *Vinyl Windows, *Granite Countertops and Tile Flooring

Price History
9/30/2019 Listed $8,695,000
12/4/2019 2% - $8,550,000

General Features

Attached Structure Detached
Community Features Curbs, Sidewalks, Storm Drains, Street Lights
Directions South of Stewart and Gray Road & East of Bellflower Blvd.
Listagentaor Pacific West
Listing Agent Doug Rodermund - BRE#01314304
Listing Agent State License 01314304
MLS Area D3 - Southwest Downey, S of Firestone, W of Downey
Price Per Square Foot 334.95
Source System CRMLS
Special Listing Conditions Standard
Total Units 33
Zoning DOR15000*

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls No Common Walls
Laundry Features Community
Laundry Y/N Yes
Studio Area Unit Type Square Feet

Exterior Features

Building Area Total 25526.00
Carport Spaces 31.00
Garage Spaces 0.00
Lot Features 31-35 Units/Acre
Lot Size Acres 1.0000
Lot Size Area 43560.0000
Lot Size Source Assessor
Lot Size Square Feet 43560.00
Lot Size Units Square Feet
Number of Buildings 2
Number of Separate Electric Meters 34
Number of Separate Gas Meters 34
Number of Separate Water Meters 1
Pool Features None
Sewer Public Sewer
Total Parking 45.00
Uncovered Spaces 14.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90242

Price
AVG $3.39M
$8.55M
Visits
AVG 45
36
Year Built
AVG 1970
1964
Walkscore
AVG 65
64
Data Provided by Walkscore ® not using MLS data

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