10502 La Reina Ave Downey, CA 90241

We are pleased to present a premium 5-unit apartment building located in of the most sought after areas along the 605 corridor, in North Downey. Key building and property highlights include extra spacious 2-bedroom units, central heating and air conditioning, a 2:1 parking ratio, and new plumbing for all 5 units, including the main water line from the meter. With approximately 20% upside in the rents, a new owner has an excellent opportunity to increase the cash flow substantially. The city of Downey has had a tremendous amount of new development in recent years, and is positioned to remain an extremely strong rental market for years to come.