We are pleased to present a premium 5-unit apartment building located in of the most sought after areas along the 605 corridor, in North Downey. Key building and property highlights include extra spacious 2-bedroom units, central heating and air conditioning, a 2:1 parking ratio, and new plumbing for all 5 units, including the main water line from the meter. With approximately 20% upside in the rents, a new owner has an excellent opportunity to increase the cash flow substantially. The city of Downey has had a tremendous amount of new development in recent years, and is positioned to remain an extremely strong rental market for years to come.
This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.
