$8,500,000
$8,550,000
0.6%For more information regarding the value of a property, please contact us for a free consultation.
9231 Washburn RD Downey, CA 90242
1 Acres Lot
Key Details
Sold Price $8,500,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW19232172
Sold Date 02/19/20
HOA Y/N No
Year Built 1964
Lot Size 1.000 Acres
Acres 1.0
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
Location
State CA
County Los Angeles
Area D3 - Southwest Downey, S Of Firestone, W Of Downey
Zoning DOR15000*
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 31
Pool None
Community Features Curbs, Storm Drain(s), Street Lights, Sidewalks
Total Parking Spaces 45
Private Pool No
Building
Lot Description 31-35 Units/Acre
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 6284022012
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Doug Rodermund • Morgan Skenderian