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Appointment to See
$2,100,000
10600 Parrot Avenue
Downey, CA 90241

7,558 SqFt Lot
0.1735 Acres
Land


Status:Active
24 hour real estate downey is proud to present this 6 unit apartment building located in the best rental pocket of downey, ca. This property is located across from the new condo development right off 5th street and a few steps from downtown downey. The location of the property is irreplaceable and is in the best area of downey which is the best city to own rental property in the south east los angeles rental market! Downey is not rent control and has seen a huge increase in rent levels and decrease in vacancy factor. Rents in downey are consistently the highest in the area. The unit mix is comprised of all (6) 2bd/1ba. The units are in excellent condition and offer huge upside in rental income. Current rents of 4 of the units are under market by about 20%. 2 of the units are at market and fully remodeled. Drive by only, do not disturb the tenants. Agent is related to the owner.
Basics
Property Type:   Land
Lot Size:   7,558 SqFt Lot
Lot Acres:   0.1735 Acres
Year Built:   1959
MLS#:   DW19124451
     
Home Features
Two+ Story
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Listing Agent: Sergio Angulo    Listing Broker: 24 Hour Real Estate    Agent Phone: 3234303837    Broker Phone: 5628617257   

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