Seller's Agent in 2025
Doug Rodermund
Morgan Skenderian
(949) 295-8560
35 Total Sales
10518 Western Ave Downey, CA 90241
5
Beds
5
Baths
11,059
Sq Ft
0.4
Acres
About This Home
As of January 2025This 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.
Last Agent to Sell the Property
Morgan Skenderian Brokerage Email: dsr@morganskenderian.com License #01314304 Listed on: 11/04/2024
Co-Listed By
Morgan Skenderian Brokerage Email: dsr@morganskenderian.com License #01220368
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $47,071
Year Built
- Built in 1973
Lot Details
- 0.4 Acre Lot
- 1 Common Wall
Parking
- 7 Open Parking Spaces
- 2 Car Garage
- 16 Carport Spaces
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 11,059 Sq Ft Home
- 2-Story Property
- Laundry Room
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Outdoor Features
- Rain Gutters
Listing and Financial Details
- Legal Lot and Block 13 / 7
- Tax Tract Number 30
- Assessor Parcel Number 6252026030
- $3,498 per year additional tax assessments
Community Details
Building Details
- Rent Control
- 13 Separate Electric Meters
- 13 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $3,287
- Fuel Expense $3,287
- Gardener Expense $2,260
- Insurance Expense $4,495
- Maintenance Expense $18,061
- Other Expense $1,000
- Trash Expense $3,287
- Water Sewer Expense $3,287
- New Taxes Expense $47,071
- Operating Expense $86,035
- Gross Income $4,140
- Net Operating Income $205,954
Additional Features
- 12 Units
- Laundry Facilities
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Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/06/2025 01/06/25 | Sold | $3,750,000 | +1.4% | $339 / Sq Ft |
| 12/05/2024 12/05/24 | Pending | -- | -- | -- |
| 11/04/2024 11/04/24 | For Sale | $3,700,000 | -- | $335 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $45,256 | $3,554,348 | $1,367,057 | $2,187,291 |
| 2024 | $45,256 | $3,484,655 | $1,340,252 | $2,144,403 |
| 2023 | $43,731 | $3,416,329 | $1,313,973 | $2,102,356 |
| 2022 | $41,575 | $3,349,343 | $1,288,209 | $2,061,134 |
| 2021 | $39,806 | $3,283,670 | $1,262,950 | $2,020,720 |
Source: Public Records
Agents Affiliated with this Home
-
Doug Rodermund
-
Jay Skenderian
Seller Co-Listing Agent in 2025
Jay Skenderian
Morgan Skenderian
(949) 251-8800
18 Total Sales
-
NoEmail NoEmail
N
Buyer's Agent in 2025
NoEmail NoEmail
NONMEMBER MRML
(646) 541-2551
6,271 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24227517
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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