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    12500 Ryerson Avenue

    Downey, CA 90242
    • $7,895,000
    • STATUS: Active Under Contract
    • ON SITE: 20 days
    • ID#: RS21147474
    Under Contract
    UPDATED: 55 min ago
    $7,895,000
    • 0
      BEDS
    • 0.8
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS

    School Ratings & Info

    Description

    Very Nice 30 unit Apartment Bldg in great rental area of Downey. Fully occupied by Stable tenants. Brand New Roof on all residential structures. Historical income and expenses for 2020 and 2019 as well as Year to Date (May 2021) available through Listing Agent. Detailed Unit Mix and Rent Roll available through Listing Agent. Any reference to "GARAGES" are actually related to CARPORTS. Listing Agent is related to SELLER.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-03T16:36:20.92. 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 deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.theparsonsrealestateteam.com/homes/119260497
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    12500 Ryerson Avenue Downey, CA 90242

    • Price: $7,895,000
    • Status: Active Under Contract
    • Updated: 55 min ago
    • ID#: RS21147474
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.8
    Acres
    1959
    Built
    Neighborhood:
    D3 - Southwest Downey, S of Firestone, W of Downey
    County:
    Los Angeles
    Area:
    D3 - Southwest Downey, S of Firestone, W of Downey
    Property Description
    Very Nice 30 unit Apartment Bldg in great rental area of Downey. Fully occupied by Stable tenants. Brand New Roof on all residential structures. Historical income and expenses for 2020 and 2019 as well as Year to Date (May 2021) available through Listing Agent. Detailed Unit Mix and Rent Roll available through Listing Agent. Any reference to "GARAGES" are actually related to CARPORTS. Listing Agent is related to SELLER.
    Exterior Features

    Carport Spaces 26 Carport YN Yes Lot Features 36-40 Units/AcreIrregular Lot Number Of Separate Electric Meters 30 Parking Features AssignedControlled EntranceCarport Parking Total 26 Pool Features CommunityIn Ground Pool Private YN No Property Attached YN Yes Roof Composition View None View YN No

    Interior Features

    Common Walls 2+ Common Walls Cooling None Cooling YN No Fireplace Features None Fireplace YN No Heating Wall Furnace Heating YN Yes

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsStorm Drain(S)Street LightsSidewalksPool Contingency Inspection And Approval Of Interiors And Books/Records Current Financing Private Disclosures Familial Relation Electric Standard Fuel Expense 0 Garage YN No Gross Income 6240 Gross Scheduled Income 492780 Insurance Expense 14961 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New Loan Net Operating Income 248243 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Number Of Units Leased 30 Operating Expense 244537 Possession Close Of Escrow Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Cable TvElectricityParking Fee Total Actual Rent 466260 Trash Expense 11623 Water Sewer Expense 4363 Water Source Public Zoning Dor3*

    Listing provided courtesy of Scott Larsen of First Choice Property Mgmt Co


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-03T16:36:20.92. 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 deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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    The Parsons Team | Keller Williams Realty
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    Pasadena CA, 91101