10520 Myrtle Street, Downey, CA 90241

$1,450,000
8
BD
4
BA
3,072
SqFt

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Sold Price
$1,450,000
List Price
$1,550,000
Closing Date
Feb 29, 2024
Status
CLOSED
MLS#
24351443
Year Built
1953
Bedrooms
8
Bathrooms
4
Living Sq. Ft
3,072
Lot Size
9,363
Acres
0.21
Days on Market
23
Property Type
Multifamily
Stories
One Level

Property Description

Welcome to 10520 Myrtle Street in Downey, CA! Featuring 4 units, this spacious multi-family property is a fantastic investment opportunity as a rental property or a great place to call home - live in one unit and rent out the rest! Each spacious unit includes bright and inviting interiors including: 2 bedrooms and 1 bath, and shared garage. Outside, you'll find plenty of space for all units to share in addition to a shared driveway with a couple spots for additional parking. The property also offers off-street parking for convenience. Some units offer yard space - great for a patio or gardening. The City of Downey, home to more than 113,000 residents in 12.41 square miles, is a diverse and dynamic community in the heart of Los Angeles County, approximately 15 miles from Downtown Los Angeles, approximately 15 miles from Downtown Long Beach, and 5 miles from Orange County. With easy access to major highways 5 / 710 / 105 / 605, commuting to other parts of the city is a breeze. Convenience is key at 10520 Myrtle Street in Downey. Community, dining, shopping, and entertainment are just minutes away including Downey High School, Downey City Library, Downey Theatre, Promenade at Downey, Discovery Sports Complex and more! Discover the charm of downtown Downey with Porto's Bakery, LOOK Dine-in Cinemas, and Farmers Markets. Don't miss this chance to add a promising multi-family property to your real estate investment portfolio

Additional Information

Heat
Wall Furnace
Cooling Description
None
Attached Structure
Detached
Number Of Units Total
4

Listing courtesy of Listing Agent: Craig White (craig.white@sothebyshomes.com) from Listing Office: Sotheby's International Realty.

Listing sold by Armando Martinez from 24 Hour Real Estate

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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.