Downey, CA 90242,12132 Downey AVE

$2,200,000

Est. payment /mo

$2,200,000

Est.Price: ?

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12132 Downey AVE Downey, CA 90242

10,832 SqFt

SOLD DATE : 04/24/2014

Key Details

Sold Price $2,200,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 10,832 sqft

Price per Sqft $203

MLS Listing ID PW14044503

Sold Date 04/24/14

HOA Y/N No

Year Built 1971

Lot Size 0.408 Acres

Acres 0.408

Property Description

Villa Maria has excellent street exposure along Downey Avenue, one of the main thoroughfares and most desirable streets to own apartments on in
Downey. The property features private patios and balconies, fireplaces, dishwashers, garages and dens in some units. The units have very large open floorplans consisting of one bedroom and two-bedroom units. There is lush landscaping throughout the community, providing tenants with an atmosphere of quiet enjoyment. The property was built in 1971, making it one of the newer apartment complexes in the city, and is being sold by the original owner. The owner has maintained the property in pristine condition, offering a buyer the opportunity to purchase a turn-key building that has rents substantially below market. Parking consists of garages and open spaces, with 2 parking spaces per unit.

Location

State CA

County Los Angeles

Area D4 - Southeast Downey, S Of Firestone, E Of Downey

Interior

Fireplace No

Exterior

Garage Spaces 15.0

Garage Description 15.0

Pool None

Community Features Curbs

Utilities Available SewerAvailable

Total Parking Spaces 24

Private Pool No

Building

Lot Description Item01UnitAcre

Story Two

Entry Level Two

Water Public

Level or Stories Two

Others

Tax ID 6258006034

Acceptable Financing Cash, CashtoNewLoan

Listing Terms Cash, CashtoNewLoan

Financing CashtoLoan

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Doug Rodermund • Morgan Skenderian
Bought with Doug Rodermund • Morgan Skenderian

Julian Park

Broker, Loan Officer | License ID: 02018567

+1(818) 390-3265

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