This well-maintained 11,059± SF building, constructed in 1973, features 12 spacious units, making it an attractive option for multifamily, low-rise, and garden-style investors. Each unit offers modern amenities and ample natural light, while the property's convenient location provides easy access to essential services and major transportation routes. With a proven track record of strong rental demand in the area, this property presents a promising prospect for investors seeking to capitalize on the robust multifamily real estate market in Downey.
Sold for $3,750,000
Listed by: Morgan Skenderian • Doug Rodermund • Contact: 949-251-8800
Bought with: NONMEMBER MRML
$3,750,000
10518 Western Ave, Downey, CA 90241
17beds
17baths
11,059sqft
Multi Family
Built in 1973
-- sqft lot
$3,674,400 Zestimate®
$339/sqft
$3,591 Estimated rent
Home value
$3,674,400
$3.31M - $4.08M
$3,591/mo
Zestimate® history
Owner options
List your home for rent
$3,591/mo
Rent Zestimate®
Find your next renter with Zillow Rental Manager. Plus, with online applications, you can quickly screen prospective tenants – for free.
$3,591/mo
Rent Zestimate®
Refinance and save
$23,812/mo
Est. payment
Refinancing to a lower rate could help reduce your monthly payments and save thousands over the life of the loan.
$23,812/mo
Est. payment
Explore your selling options
Work with a Zillow partner agent
Leverage their expertise and Zillow's premium Showcase listings to get your home seen by more buyers.
Get startedList with your own agent
Get your home in front of millions of buyers by listing it on Zillow.
Learn how to do itSell it yourself
Take full control of how buyers see your home on Zillow by listing For Sale by Owner (FSBO).
List your homeWhat's special
Spacious unitsModern amenitiesAmple natural light
Zillow last checked:
Listing updated:
Listed by:
Doug Rodermund DRE #01314304 dsr@morganskenderian.com,
Morgan Skenderian,
Jay Skenderian DRE #01220368,
Morgan Skenderian
Bought with:
General NONMEMBER, DRE #CA
NONMEMBER MRML
Source: CRMLS,MLS#: PW24227517
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 17
- Bathrooms: 17
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 11,059
- Total interior livable area: 11,059 sqft
Property
Parking
- Total spaces: 25
- Parking features: Garage, Carport
- Garage spaces: 2
- Carport spaces: 16
- Covered spaces: 18
- Uncovered spaces: 7
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 0.4 Acres
Details
- Parcel number: 6252026030
- Zoning: DOR3*
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs, Gutter(s), Sidewalks
Location
- Region: Downey
Financial & listing details
- Price per square foot: $339/sqft
- Annual tax amount: $47,071
- Date on market: 11/4/2024
- Cumulative days on market: 31 days
- Listing terms: Cash,Cash to New Loan,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 1/6/2025 | Sold | $3,750,000+1.4%$339/sqft |
Source:  CRMLS #PW24227517 Report a problem | ||
| 12/5/2024 | Pending sale | $3,700,000$335/sqft |
Source: CRMLS #PW24227517 Report a problem | ||
| 11/4/2024 | Listed for sale | $3,700,000$335/sqft |
Source: CRMLS #PW24227517 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 90241
Nearby homes
- $--2 bd2 ba-- sqft10518 Western Ave #202, Downey, CA 90241Off Market
- $1,9951 bd1 ba-- sqft10518 Western Ave APT 209, Downey, CA 90241For Rent
- $--1 bd1 ba-- sqft10518 Western Ave APT 101, Downey, CA 90241Off Market
- $--2 bd2 ba-- sqft10518 Western Ave APT 206, Downey, CA 90241Off Market
- $793,1001 bd1 ba800 sqft10518 Western Ave APT 208, Downey, CA 90241Off Market
- $--1 bd1 ba-- sqft10518 Western Ave APT 204, Downey, CA 90241Off Market
- $980,7002 bd2 ba-- sqft10518 Western Ave APT 203, Downey, CA 90241Off Market
- $690,000-- bd-- ba-- sqft10524 Western Ave, Downey, CA 90241Off Market
Nearby schools
GreatSchools rating
- 8/10Rio Hondo Elementary SchoolGrades: K-5Distance: 0.5 mi
- 8/10Griffiths Middle SchoolGrades: 6-8Distance: 0.8 mi
- 7/10Warren High SchoolGrades: 9-12Distance: 0.9 mi
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,674,400
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$3,674,400
- California
- Los Angeles County
- Downey
- 90241
- 10518 Western Ave
Nearby cities
Nearby zip codes
Other Downey Topics
