Listed by Grady Liu with MacroReal Inv Grp Inc.

13202 Downey Avenue

Paramount, CA, 90723

$26,350,000

$434 per ft²
$26,350,000
$434 per ft²
Active
Active
 - For Sale
carpenters-square
60,600 ft²
property_type
Multi-family
calendar
Built 1987
We are pleased to present the rare opportunity to acquire a garden style 64-unit multi-family investment in Paramount, California. The property is located at 13202 Downey Avenue, Paramount, one of the most desirable city in Los Angeles County. This multi-family Asset located in a market with solid demographics and unique accessibility to major employment hubs, just right off freeway I-105 and I-710, close to the Promenade Downey and Kaiser Permanente Downey Medical Center . The spacious unit mix consists of all two-bedroom/ two-bath units, including (20) two-bedroom/two and half-bath townhouse style units. This property offers upscale for investors to invest an prime asset with well-maintained condition and value add opportunity. In-unit laundry hook-up. ***Assumable loan at 3.00% interest rate fixed thru Mid - 2027***
MLS® ID:
TR23033028
Listed:
2/26/23
Updated:
4/1/23
Sotheby's International Realty
Chris Adlam

Interior Features

Total Bedrooms
0
Total Bathrooms
0
Laundry Description
Electric Dryer Hookup, Gas Dryer Hookup

Exterior/Building Features

Lot Size
1.65 acres lot
Lot Details
Lot Over 40000 Sqft
Sewer
Public Sewer

Other Property Details

Area Name
RK - Paramount South of Somerset
Association Amenities
Spa/Hot Tub
Garage
No
Parking
Assigned
Parking Total
122.0
View
N
County
Los Angeles
Water Source
Public
Pool
Yes
Pool Description
Community, Fenced
Zoning
PARM*
Buyer Agency Compensation
1.000

Listing Contact:  

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 4/1/23. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2023 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 4/1/23 at 1:32 AM UTC

Sotheby's International Realty
Chris Adlam
Contact