Downey, CA 90240,10023 Pomering Rd
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Downey, CA 90240,10023 Pomering Rd
Downey, CA 90240,10023 Pomering Rd
Downey, CA 90240,10023 Pomering Rd
Downey, CA 90240,10023 Pomering Rd

$1,325,000

Est. payment /mo

$1,380,000

4.0%
Est.Price: ?

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10023 Pomering Rd Downey, CA 90240

8 Beds

6 Baths

3,840 SqFt

SOLD DATE : 09/29/2023

Key Details

Sold Price $1,325,000

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Square Footage 3,840 sqft

Price per Sqft $345

MLS Listing ID 23-306571

Sold Date 09/29/23

Bedrooms 8

Year Built 1954

Lot Size 7,231 Sqft

Acres 0.166

Property Sub-Type Multi-Family

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.

Location

State CA

County Los Angeles

Area Northwest Downey, N Of Firestone, W Of Downey

Zoning DOR3*

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment None

Exterior

Parking Features Garage

Garage Spaces 6.0

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Probate Listing

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TheMLS (CLAW)
Listed by Remax Commercial and Investment Realty
Bought with Remax Commercial and Investment Realty
George Salazar

George Salazar

Agent | License ID: 00884017

+1(310) 400-6756

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