$1,325,000
$1,380,000
4.0%For more information regarding the value of a property, please contact us for a free consultation.
10023 Pomering RD Downey, CA 90240
8 Beds
6 Baths
3,840 SqFt
Key Details
Sold Price $1,325,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
Square Footage 3,840 sqft
Price per Sqft $345
MLS Listing ID 23306571
Sold Date 09/29/23
Bedrooms 8
HOA Y/N No
Year Built 1954
Lot Size 7,230 Sqft
Acres 0.166
Property Description
10023 Pomering Road is a 6-unit multifamily investment asset located in the highly desirable North Downey rental market. The property features (2) two bedroom units and (4) one bedroom units with (6) garage parking spaces. There is approximately (50%) upside in the rents. The subject property has been in the same family for decades and is an excellent investment opportunity because of it's outstanding location, substantial amount of rental upside, ADU potential and no local rent control barriers.
Location
State CA
County Los Angeles
Area D2 - Northwest Downey, N Of Firestone, W Of Downey
Zoning DOR3*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Garage Garage
Parking Type Garage
Total Parking Spaces 6
Building
Story 2
Entry Level Two
Level or Stories Two
New Construction No
Others
Senior Community No
Tax ID 6359022005
Special Listing Condition Probate Listing
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Bought with Nicholas Petrosian • Remax Commercial and Investment Realty