• Price$2,100,000
  • SQ. Feet4,840
  • Acres0.17
  • Built1959

10600 Parrot Avenue, Downey

this 6 unit apartment building located in the best rental pocket of Downey, CA. This property is located across from the NEW Condo Development right off 5th Street and a few steps from Downtown Downey. The location of the property is irreplaceable and is in the best area of Downey which is the best city to own rental property in the South East Los Angeles rental market! Downey is not Rent Control and has seen a huge increase in rent levels and decrease in vacancy factor. Rents in Downey are consistently the highest in the area. The unit mix is comprised of ALL (6) 2bd/1ba. The units are in excellent condition and offer huge upside in rental income. Current rents of 4 of the units are under market by about 20%. 2 of the units are at Market and fully remodeled.

Essential Information

  • MLS® #DW19124451
  • Price$2,100,000
  • Bathrooms0.00
  • Square Footage4,840
  • Acres0.17
  • Year Built1959
  • TypeResidential Income
  • StatusActive

Amenities

  • Parking Spaces9
  • # of Garages2

Exterior

  • Lot Description6-10 Units/Acre

Listing Details

  • Listing AgentSergio Angulo(02068594)
  • Listing Office24 Hour Real Estate

Community Information

  • Address10600 Parrot Avenue
  • AreaNorthwest Downey, N of Firestone, W of Downey
  • CityDowney
  • CountyLos Angeles
  • StateCA
  • Zip Code90241

Interior

  • # of Stories2
  • StoriesTwo

Additional Information

  • Date ListedMay 28th, 2019
  • Days on Market88
  • ZoningDOR3*
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Based on information from California Regional Multiple Listing Service, Inc. as of August 25th, 2019 at 5:37am 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.