11801 Lakewood Boulevard, Downey, CA 90241
- $8,400,000
- Sold Price
- $8,400,000
- List Price
- $8,500,000
- Closing Date
- Jul 30, 2025
- Status
- CLOSED
- MLS#
- PW25082228
- Year Built
- 1953
- Lot Size
- 45,333
- Acres
- 1.04
- Lot Location
- Rectangular Lot
- Days on Market
- 9
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels
Property Description
The Downey Villa Apartments offer an investor the opportunity to acquire 45 units in the best location of all of Downey—caddy corner to the Downey Landing development. The property has phenomenal exposure on the high-traffic major thoroughfare of Lakewood Boulevard and Stewart & Gray Road. Residents enjoy a community pool, on-site parking, an on-site laundry room and a quick walk across the street to all Downey Landing has to offer.
/u.realgeeks.media/jeremysifuentes/header.png)
Additional Information
- Taxes
- $108,060
- Pool
- Yes
- Pool Description
- Private
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 45
- Gross Scheduled Income
- $796,224
- Operating Expense
- 229903
Listing courtesy of Listing Agent: Doug Rodermund (dsr@morganskenderian.com) from Listing Office: Morgan Skenderian.
Listing sold by Doug Rodermund from Morgan Skenderian
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.