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Commercial > Multi-family / Apartments
Active
2 weeks ago
List Price
$3,200,000$415/ft²

8116 3rd St
Downey, CA 90241

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  • 8116 3rd St, Downey, CA 90241 is a 8 bed, 7,704 ft² multi-family/apartments property built in 1941 on a 0.482 acre lot. This multi-family/apartments is currently listed for $3,200,000.

    MLS Description

    The listing agent's description. Original Listing

    Presenting an outstanding investment opportunity in the Downtown area of the city of Downey, exclusively offered by RE/MAX Commercial & Investment Realty. This impressive property comprises 14 single-story units set on a spacious 20,996 square foot lot. There is a total of 14 detached single car garages and the property is separately metered for gas and electric. Boasting an impressive Walk Score of 89, the property offers unparalleled access mere footsteps away to shopping, trendy dining, and entertainment options, enhancing its appeal and marketability. Additionally, with approximately 40% upside potential in the current rents, this investment epitomizes prime real estate in a thriving rental market, promising long-term growth and stability.

    Listing Agents

    The listing agent for 8116 3rd St is Nicholas Petrosian.

    Current Ownership

    Information about the current owner(s).

    Property History

    8116 3rd St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

    Environmental factors around 8116 3rd St

    School Information

    Public/private schools serving 8116 3rd St

    Neighborhood

    This property is located in 8126 3rd Street, Downey, CA 90241.

    Market Trends

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    Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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