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10611-10617 Western Ave
Downey, CA 90241

$2,750,000 USD

Apartments For Sale  •  7,988 SF

Property Details

• Property Type Apartments
• Total Building Size 7,988 SF
• Lot Size 0.34 AC
• Year Built 1968
• Cap Rate 5.45 %

0 Transit Score

80 Walk Score

Highlights

Rare Opportunity to Acquire Side by Side Fourplexes in Prime North-Downey Location

All ±1,000 Square Foot, 2-Bedroom/2-Bath Units

Possible New Residential Financing by Placing Separate Loans on Each Fourplex

First Time on the Market in 30+ Years

2:1 Parking Ratio

Substantial Upside in Rents

Financial Summary (Actual)

Net Operating Income: $149,785 USD (2023)

Cap Rate:	5.45 %
Total Expenses:	$68,896 USD

Amenities

• 24 Hour Access
• Air Conditioning
• Balcony
• Laundry Facilities
• Refrigerator
• Tub/Shower
• Freezer
• Walk-Up

Public Transportation

Commuter Rail	Drive	Walk	Distance
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink))	8 min	-	4.2 mi
Montebello/Commerce (Riverside Line - Southern California Regional Rail Authority (Metrolink))	10 min	-	5.6 mi
Airport	Drive	Walk	Distance
Long Beach (Daugherty Field)	21 min	-	10.6 mi
Los Angeles International	28 min	-	19.1 mi
Bob Hope	36 min	-	27.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	6
Type:	Surface
Included in Rent:	Yes