$2,200,000
$2,200,000
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12132 Downey AVE Downey, CA 90242
0.41 Acres Lot
Key Details
Sold Price $2,200,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW14044503
Sold Date 04/24/14
HOA Y/N No
Year Built 1971
Lot Size 0.408 Acres
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 Sewer Available
Total Parking Spaces 24
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story Two
Entry Level Two
Water Public
Level or Stories Two
Others
Tax ID 6258006034
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Doug Rodermund • Morgan Skenderian