Multifamily For Sale

$5,500,000

Or Call Us 1-800-241-3327

11716 Gurley Avenue

Downey, CA 90241

  • beds
  • baths
  • sqft
  • ~1/2 acre lot
  • 1957 build
  • on site

Offers Due 9-25-2020. See below showing instructions for Tour Dates. We are pleased to present, for the first time in over 25 Years, the exclusive opportunity to acquire 11716 Gurley Ave in Downey along with 12705 Kalnor Ave in Norwalk. Built in 1964/1957 and located in one of the most central commuting thoroughfares – the 605 Freeway, this is a rare opportunity to acquire a two-building portfolio of meticulously maintained real estate in one of California’s most sought after submarkets. The properties are available together or separate, and consist of a mixture of mostly 2-bedroom and 1-bedroom units. All units are separately metered for gas and electricity, with onsite laundry, sparking pools, air conditioning, ample parking, and an enjoyable tenant common-area. Both buildings have new roofs, renovated pools and are a blank slate for the next investor to capitalize on this opportunity. Inquire with the listing team for due diligence materials and marketing packages and provide Proof of Funds and a Schedule of Real Estate Owned. Schedule a Private Showing

Listing courtesy of CRMLS_CA / Shane Young / Marcus & Millichap

Last checked: 11 minutes ago • Last updated Sep 17, 2020 • Source: CRMLS_CA

MLS# PW20193085 — Report a problem

Amenities & Taxes

The Building

Year Built:
1957
Year Built Source:
Public Records
New Construction:
No
Common Walls:
2+ Common Walls
Total Number Of Units:
23
Stories Total:
2

Interior

Laundry:
Community
Laundry:
1

Location

Directions:
Gurley Avenue & De Palma Street
Latitude:
33.93500600
Longitude:
-118.13787600

The Property

Sub Type:
Apartment
Zoning:
DOR3*
Lot Features:
Level with Street
Lot Size Area:
18251.0000
Lot Size Acres:
0.4190
Lot Size Square Feet:
18251.00
Additional Parcels:
No

Listing Agent

Contact info:

Taxes

Tax Tract:
17892
Tax Lot:
5

The Listing

Parcel Number:
6255014039

Utilities

Sewer:
Public Sewer
Water Source:
Public

The Community

Senior Community:
No
Features:
Curbs
Pool:
Community
Private Pool:
No
Association:
No

Parking

Parking Spaces:
23.00

Schools

Rating Details
7
Warren High School
  • Public
  • 9-12
  • 0.2 mi
7
Imperial Elementary School
  • Public
  • K-3
  • 1.0 mi
7
Old River Elementary School
  • Public
  • 4-5
  • 1.1 mi
6
Stauffer Middle School
  • Public
  • 6-8
  • 1.1 mi

GreatSchools scores are based on a scale from 1 to 10, where 10 is above average.

The school service areas are not definitive and should only be used as guidance. GreatSchools Ratings provided by www.greatschools.org

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Sale history

DateEventSourcePrice% Change
Listed / ActiveCRMLS_CA$5,500,000
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11716 Gurley Avenue
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