10023 Pomering Road, Downey, CA 90240

$1,325,000
8
BD
6
BA
3,840
SqFt

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Sold Price
$1,325,000
List Price
$1,380,000
Closing Date
Sep 29, 2023
Status
CLOSED
MLS#
23306571
Year Built
1954
Bedrooms
8
Bathrooms
6
Living Sq. Ft
3,840
Lot Size
7,231
Acres
0.17
Days on Market
8
Property Type
Multifamily
Stories
Two Levels

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.

Additional Information

Heat
Wall Furnace
Cooling Description
None
Attached Structure
Detached
Number Of Units Total
6

Listing courtesy of Listing Agent: Nicholas Petrosian (npetrosian@remaxcir.com) from Listing Office: Remax Commercial and Investment Realty.

Listing sold by Nicholas Petrosian from Remax Commercial and Investment Realty

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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.