13202 Downey Avenue, Property Listing: MLS® #TR23033028

We are pleased to present the rare opportunity to acquire a garden style 64-unit multi-family investment in Paramount, California. The property is located at 13202 Downey Avenue, Paramount, one of the most desirable city in Los Angeles County. This multi-family Asset located in a market with solid demographics and unique accessibility to major employment hubs, just right off freeway I-105 and I-710, close to the Promenade Downey and Kaiser Permanente Downey Medical Center . The spacious unit mix consists of all two-bedroom/ two-bath units, including (20) two-bedroom/two and half-bath townhouse style units. This property offers upscale for investors to invest an prime asset with well-maintained condition and value add opportunity. In-unit laundry hook-up. ***Assumable loan at 3.00% interest rate fixed thru Mid - 2027***

13202 Downey Avenue, Property Listing: MLS® #TR23033028 Close
Page Summary
  • 619-987-4851
NEW
  • MLS® #: TR23033028
  • 13202 Downey Avenue
  • , CA 90723
  • $26,350,000
  • 1.65 Acres
  • Office: Macroreal Inv Grp Inc.

We are pleased to present the rare opportunity to acquire a garden style 64-unit multi-family investment in Paramount, California. The property is located at 13202 Downey Avenue, Paramount, one of the most desirable city in Los Angeles County. This multi-family Asset located in a market with solid demographics and unique accessibility to major employment hubs, just right off freeway I-105 and I-710, close to the Promenade Downey and Kaiser Permanente Downey Medical Center . The spacious unit mix consists of all two-bedroom/ two-bath units, including (20) two-bedroom/two and half-bath townhouse style units. This property offers upscale for investors to invest an prime asset with well-maintained condition and value add opportunity. In-unit laundry hook-up. ***Assumable loan at 3.00% interest rate fixed thru Mid - 2027***

Supplemental Remarks

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Essential Information

  • MLS® #TR23033028
  • Listing Price$26,350,000
  • Original Listing Price$26,350,000
  • Date ListedFebruary 27th, 2023
  • Bathrooms0.00
  • Acres1.65
  • Lot Sq.Ft.71,938
  • TypeResidential Income
  • StatusACTIVE

Dues

  • HOA Dues$0
  • Total Monthly Dues$1,473

Community Information

  • Address13202 Downey Avenue
  • AreaPARAMOUNT (90723)
  • CountyLos Angeles
  • StateCA
  • Zip Code90723

Amenities

  • Has PoolYes
  • PoolCommunity/Common
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Listing information last updated on March 21st, 2023 at 7:23am PDT.