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9231 E Washburn Rd
Downey, CA 90242

Del Norte · Multifamily Property For Sale · 33 Units

PROPERTY FACTS

No. Units 33
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 1.00 AC
Building Size 25,526 SF
No. Stories 2
Year Built 1964
Parking Ratio 1.76/1,000 SF

Unit Amenities

  • Air Conditioning
  • Dishwasher
  • Disposal
  • Heating
  • Kitchen
  • Oven

Site Amenities

  • Laundry Facilities

About 9231 E Washburn Rd , Downey, CA 90242

Morgan Skenderian, Inc., is pleased to offer Del Norte Apartments, a 33-unit apartment investment opportunity located in the exceptionally strong rental market of Downey. Del Norte Apartments is located in one of the best parts of Downey, just steps to the brand new retail, dining and entertainment hub of Downey Landing. This apartment community is comprised of 85% two and three-bedroom units with new vinyl windows, new copper plumbing, and granite countertops & tile flooring throughout. Available for the first time in 20 years, Del Norte Apartments is an excellent investment opportunity to invest in a well-maintained asset in one of the best locations in the city of Downey offering a new investor tremendous upside potential.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 5 $1,250 -
2+1 27 $1,448 -
3+2 1 $1,800 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6284-022-012
Land Assessment
$3,645,486
Improvements Assessment
$5,468,229
Total Assessment
$9,113,715

zoning

Zoning Code R15000, Downey (Multiple Dwelling)
R15000, Downey (Multiple Dwelling)
  • Listing ID: 17331477

  • Date on Market: 9/30/2019

  • Last Updated:

  • Address: 9231 E Washburn Rd, Downey, CA 90242

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