10512 Western Avenue, Downey, CA 90241

$1,180,000

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Sold Price
$1,180,000
List Price
$1,249,000
Closing Date
Sep 23, 2025
Status
CLOSED
MLS#
P1-23397
Year Built
1931
Lot Size
6,970
Acres
0.16
Lot Location
Sprinklers None
Days on Market
19
Property Type
Multifamily
Stories
Two Levels
Neighborhood
Not Applicable

Property Description

What if your next move didn't just give you a place to live--but a way to earn while you live? Welcome to 10512, 10514, & 10516 Western Ave., where the opportunity isn't knocking, it's parked in the driveway. This isn't just a property. It's Three (3) income-generating units, spanning over 2,190 square feet of living space. Two of them offer 2 bedrooms and 1 bath. The other One is 1 bedroom, 1 bath. Whether you're an investor looking to expand your portfolio or a homeowner ready to have your mortgage offset by rental income, this setup speaks your language.Each unit is bright, open, and welcoming, with just the right amount of charm to attract long-term tenants--or create a community of neighbors. Outside, you've got shared outdoor space with room to breathe, unwind, or build out something special. And yes--off-street parking means fewer headaches and happier residents.Location? You're in the heart of Downey. Minutes from 5, 710, 105, and 605. Close to the energy of the Promenade, the culture of the Downey Theatre, and the addictive pull of Porto's Bakery. You already know the area's thriving--now's your chance to own a piece of it. Bottom line? You don't have to choose between lifestyle and leverage. At 10512, 10514, 10516 Western Ave get you both.So, ask yourself: What's this opportunity worth to you... if you let it slip away? 3 UnitsCurrent Rents10512 - 2/ 1 - $2,30010514 - 1/ 1 - $1,77010516 - 2/1 - $2,250Total Income: $6,320Rent September 1st10512 - 2/ 1 - $2,40010514 - 1/ 1 - $1,85010516 - 2/1 - $2,350Total Income: $6,600

Additional Information

Pool Description
None
Heat
Wall Furnace
Cooling Description
None
View
None
Garage Spaces Total
3
Attached Structure
Attached
Number Of Units Total
3
Gross Scheduled Income
$75,840
Operating Expense
20591

Listing courtesy of Listing Agent: Edward Uriarte (edward@edwarduriarte.com) from Listing Office: COMPASS.

Listing sold by Bridget Alvarez from VIP RE Firm

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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.