Log In/Sign Up
Your email has been sent.
10515 Downey Ave 4 Unit Apartment Building Offered at $2,669,141 CAD at a 4.37% Cap Rate Downey, CA 90241
Investment Highlights
- Huge Three Bedroom and Two Bedroom Units
- Value-Add Potential
- Seven Single Car Garages and Two Covered Parking Spaces
- Excellent Owner/User Opportunity
Executive Summary
Skyline Commercial Advisors is offering the opportunity to acquire a huge fourplex on Downey Ave, for sale by its original builders. With a highly coveted unit mix, these large units are ideal for an owner/user or an investor looking to add to their portfolio. Ample parking, including extra garages help contribute to this well maintained property, which has further upside with interior modernization.
The Downey Ave Fourplex is part of a four-property portfolio of similarly constructed buildings in Bellower and Downey, which may be purchased either individually or as a portfolio.
The Downey Ave Fourplex is part of a four-property portfolio of similarly constructed buildings in Bellower and Downey, which may be purchased either individually or as a portfolio.
Financial Summary (Actual - 2024) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts Under Contract
| Price | $2,669,141 CAD | Apartment Style | Low-Rise |
| Price Per Unit | $667,285 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 0.19 AC |
| Cap Rate | 4.37% | Building Size | 7,207 SF |
| Gross Rent Multiplier | 15.17 | No. Stories | 2 |
| No. Units | 4 | Year Built | 1976 |
| Property Type | Multifamily | Parking Ratio | 1.25/1,000 SF |
| Zoning | DOR3* - Residential | ||
| Price | $2,669,141 CAD |
| Price Per Unit | $667,285 CAD |
| Sale Type | Investment |
| Cap Rate | 4.37% |
| Gross Rent Multiplier | 15.17 |
| No. Units | 4 |
| Property Type | Multifamily |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.19 AC |
| Building Size | 7,207 SF |
| No. Stories | 2 |
| Year Built | 1976 |
| Parking Ratio | 1.25/1,000 SF |
| Zoning | DOR3* - Residential |
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer Hookup
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2.5 | 1 | - | 1,950 |
| 2+1.5 | 2 | - | 1,850 |
| 2+1 | 1 | - | 1,550 |
1 1
Walk Score®
Very Walkable (70)
Property Taxes
| Parcel Number | 6252-025-008 | Total Assessment | $549,620 CAD (2025) |
| Land Assessment | $80,268 CAD (2025) | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $469,352 CAD (2025) | Tax Year | 2024 |
Property Taxes
Parcel Number
6252-025-008
Land Assessment
$80,268 CAD (2025)
Improvements Assessment
$469,352 CAD (2025)
Total Assessment
$549,620 CAD (2025)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
10515 Downey Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.