8116 3rd Street, Downey
Downey Home For Sale
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. All offers must include a current proof of funds.
Property Details
Additional Information
-
- City:
- Downey
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- County:
- Los Angeles
-
- Zip:
- 90241
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- MLS® #:
- 24391225
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- Bedrooms:
- 1
-
- Bathrooms:
- 2
-
- Square Ft:
- 7,704
-
- Lot Size:
- 0.48
-
- Levels:
- One
-
- Garages:
- 14
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- HOA Dues:
- $
Price Change History for 8116 3rd Street, Downey, (MLS® #24391225)
| Date | Details | Price | Change |
|---|---|---|---|
| Pending | – | – | |
| Active | – | – | |
| Active Under Contract (from Active) | – | – |
Based on information from California Regional Multiple Listing Service, Inc. as of July 11th, 2024 at 10:55am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.