Downey, CA 90240,10023 Pomering RD
Downey, CA 90240,10023 Pomering RD
Downey, CA 90240,10023 Pomering RD
14
$1,325,000
$1,380,000
4.0%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

8 BD
6 BA
3,840 SqFt

10023 Pomering RD Downey, CA 90240

Est. payment /mo
SOLD DATE : 09/29/2023

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

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

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

Bedrooms 8

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

Exterior

Garage Garage

Building

Story 2

New Construction No

Others

Special Listing Condition Probate Listing

Read Less


California Regional MLS (CRMLS)
Listed by Nicholas Petrosian • Remax Commercial and Investment Realty
Bought with Nicholas Petrosian • Remax Commercial and Investment Realty

GET MORE INFORMATION

Norma Mardelli

Agent | License ID: 01477249

+1(818) 400-3794

Name
Phone*
Message

By registering you agree to our Terms of Service & Privacy Policy. Consent is not a condition of buying a property, goods, or services.