10023 Pomering RD, Downey, CA 90240 – 23306571

$1,325,000

$1,380,000

4.0%

Est.Price: ?

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Est. payment -/mo

8 Beds

6 Baths

3,840 SqFt

SOLD DATE : 09/29/2023

Key Details

Sold Price $1,325,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,840 sqft

Price per Sqft $345

MLS Listing ID 23306571

Sold Date 09/29/23

Bedrooms 8

HOA Y/N No

Year Built 1954

Lot Size 7,230 Sqft

Property Description

10023 Pomering Road is a 6-unit multifamily investment asset located in the highly desirable North Downey rental market. The property features (2) two bedroom units and (4) one bedroom units with (6) garage parking spaces. There is approximately (50%) upside in the rents. The subject property has been in the same family for decades and is an excellent investment opportunity because of it's outstanding location, substantial amount of rental upside, ADU potential and no local rent control barriers.

Location

State CA

County Los Angeles

Area D2 - Northwest Downey, N Of Firestone, W Of Downey

Zoning DOR3*

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Garage Garage

Total Parking Spaces 6

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6359022005

Special Listing Condition Probate Listing

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The Warburton Team Brokered By EXp

andreww@gowpnow.com +1(626) 630-2141

Our team is ready to help you sell your home for the highest possible price ASAP

Listed by Nicholas Petrosian • Remax Commercial and Investment Realty
Bought with Nicholas Petrosian • Remax Commercial and Investment Realty

+1(626) 630-2141

andreww@gowpnow.com

43620 Ridge Park Dr, Temecula, CA, 92590, United States

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