11221 Pangborn Ave, Downey, CA 90241
- $1,350,000
- Sold Price
- $1,350,000
- List Price
- $1,499,000
- Closing Date
- Oct 31, 2023
- Status
- CLOSED
- MLS#
- 230012861SD
- Year Built
- 1963
- Lot Size
- 6,098
- Acres
- 0.14
- Days on Market
- 95
- Property Type
- Multifamily
- Stories
- Two Levels
Property Description
We are pleased to exclusively offer for sale 11221 Pangborn Ave, a four unit apartment building situated in the Heart of Downey. Pangborn is an excellent income producing, value-add opportunity for a new or experienced multi-family investor looking to pick up four apartment units in an established and high demand rental pocket. This is predominantly a family neighborhood that is very safe and clean. Walking distance to many shops, restaurants and parks. This complex consists of three, 1bed/1bath units and one 2bed/1.5bath unit along with five parking spaces. Recently remodeled in 2018, along with a new roof. All units are currently occupied so please do not disturb tenants. Contact via email or cell phone for more information! We are pleased to exclusively offer for sale 11221 Pangborn Ave, a four unit apartment building situated in the Heart of Downey. Pangborn is an excellent income producing, value-add opportunity for a new or experienced multi-family investor looking to pick up four apartment units in an established and high demand rental pocket. This is predominantly a family neighborhood that is very safe and clean. Walking distance to many shops, restaurants and parks. This complex consists of three, 1bed/1bath units and one 2bed/1.5bath unit along with five parking spaces. Recently remodeled in 2018, along with a new roof. All units are currently occupied so please do not disturb tenants. Contact via email or cell phone for more information!
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Additional Information
- Cooling Description
- None
- Roof
- Composition
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $70,416
Listing courtesy of Listing Agent: Mikel Palmerin (mikel@sustainablerealtygroup.com) from Listing Office: Keller Williams La Jolla.
Listing sold by Miguel Belmonte from Century 21 Allstars
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.