Downey, CA 90242,8039 Alameda St
$4,600,000
Est. payment /mo
$4,800,000
4.2%
Est.Price: ?

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1.93 Acres Lot
SOLD DATE : 11/20/2014

Key Details

Sold Price $4,600,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID AR14148610

Sold Date 11/20/14

HOA Y/N No

Year Built 1962

Lot Size 1.930 Acres

Property Description

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Alameda Apartment is a 20-unitmixed use (18-unit apartment + 2-unit commercial) in the city of Downey, california. Alameda Apartments consists of 18 residential apartment units and 2 commercial units situated on a ±1.93 acre lot size. the property has mixed zoning where the 2 commercial units area are zoned c2 and the residential units are zoned R2.

The property was built in 1962 and is very well maintained. the property consists of 14 single story buildings where 18-residential units are spread out in 12 buildings. this low density and single family residential settings have enabled owner to achieve very low vacancy history and excellent amenities that other apartments cannot provide.

Location

State CA

County Los Angeles

Area D4 - Southeast Downey, S Of Firestone, E Of Downey

Interior

Fireplace No

Exterior

Parking Features Assigned, Unassigned

Garage Spaces 18.0

Garage Description 18.0

Pool None

Community Features Suburban

Utilities Available Sewer Available

Total Parking Spaces 58

Private Pool No

Building

Lot Description Near Public Transit

Story One

Entry Level One

Water See Remarks

Level or Stories One

Others

Senior Community No

Tax ID 6259006024

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Handoko Chen • Lee & Associates Investment Se
Bought with Handoko Chen • Lee & Associates Investment Se
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