Downey, CA 90241,11736 GURLEY AVE
Downey, CA 90241,11736 GURLEY AVE
Downey, CA 90241,11736 GURLEY AVE
7
$5,950,000
$5,850,000
1.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

0.48 Acres Lot

11736 GURLEY AVE Downey, CA 90241

Est. payment /mo
SOLD DATE : 04/22/2022

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $5,950,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 22127253

Sold Date 04/22/22

HOA Y/N No

Year Built 1957

Lot Size 0.483 Acres

Property Description

The El Dorado Apartments is a 26-unit apartment community located in the highly desirable rental market of Downey CA. The property consists of mostly one-bedrooms, two laundry rooms, twenty-four open parking spaces, and a sparkling swimming pool at the center of a spacious courtyard. The owner pays for all utilities, including trash. Having a walk score of 70, the tenants can easily travel by foot to nearby schools, shops and dining. With the El Dorado Apartments being situated in a highly sought-after area, combined with a substantial amount of rental upside and an attractive low cost per unit; the subject property makes for an outstanding investment opportunity.

Location

State CA

County Los Angeles

Area D3 - Southwest Downey, S Of Firestone, W Of Downey

Zoning DOR3*

Interior

Heating Wall Furnace

Cooling None

Fireplace No

Exterior

Parking Features One Space

Pool In Ground

Total Parking Spaces 24

Building

Story 2

New Construction No

Others

Senior Community No

Tax ID 6255014036

Special Listing Condition Standard

Read Less


CRMLS – RECore
Listed by Nicholas Petrosian Remax Commercial and Investment Realty
Bought with Nicholas Petrosian Remax Commercial and Investment Realty
Jessica Lam

Whether it's finding the perfect place to call home,

 

Selling the home that no longer fits your needs,

 

Or strategically investing to build a secure future.

 

I'm here to help you make the right move at the right time.

Let's talk about your real estate goals.

Name*
Phone
Message

Jessica Lam has a zero spam policy.
She does not use auto-dialed calls or artificial/pre-recorded voice messages.
Jessica Lam will send automatic texts only when requested.