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11523-11529 Old River School Rd
Downey, CA 90241

$3,695,000 USD

Apartments For Sale  •  8,208 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,208 SF
  • Lot Size 0.34 AC
  • Building Class C
  • Year Built 1956
  • Cap Rate 6.05 %
  • Zoning DOR3
30 Transit Score
60 Walk Score

Highlights

Fully comprised of 16 one-bedroom, one-bath units for consistent tenant appeal.
Provides on-site parking, laundry facilities, and a pool for tenant convenience.
Situated on a highly visible corner lot in Downey with strong regional access.
Opportunity to purchase an adjacent 16-unit property for a larger footprint.
Located near major job centers, retail corridors, and key transportation routes.

Property Flyers

Financial Summary

Cap Rate: 6.05 %

Amenities

  • Air Conditioning

Public Transportation

Commuter RailDriveWalkDistance
Commerce (91 Line - Southern California Regional Rail Authority (Metrolink), Orange County Line - Southern California Regional Rail Authority (Metrolink)) 10 min - 4.1 mi
Montebello/Commerce (Riverside Line - Southern California Regional Rail Authority (Metrolink)) 12 min - 5.6 mi
AirportDriveWalkDistance
Long Beach (Daugherty Field) 21 min - 10.0 mi
Los Angeles International 26 min - 17.4 mi
Bob Hope 37 min - 26.9 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 20
Type: Surface
Included in Rent: Yes
Kristopher German 626-427-0786 The Apartment Dealer
Kristopher German 626-427-0786 The Apartment Dealer