Downey, CA 90241,10606 Lakewood Boulevard
Downey, CA 90241,10606 Lakewood Boulevard
Downey, CA 90241,10606 Lakewood Boulevard
Listed by Chris Keramati • Triqor Group
$2,920,000
Est. payment /mo
Est.Price: ?

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7,488 SqFt
SOLD DATE : 01/27/2022

Key Details

Sold Price $2,920,000

Property Type Single Family Home

Listing Status Sold

Purchase Type For Sale

Square Footage 7,488 sqft

Price per Sqft $389

MLS Listing ID PW-21242845

Year Built 1960

Lot Size 0.266 Acres

Property Description

The Stonewood Apartments offers a great unit mix comprised of one-bedrooms and two-bedrooms overlooking a welcoming courtyard inside the property. Located on a major thoroughfare in desirable north Downey, it is within walking distance to the Stonewood Mall, Downey High School, and many other great local attractions. The property has both Open and Garage Parking, Master-Metered Gas, Individually Metered Electricity, and is a well maintained gated community. Stonewood Apartments offers the opportunity to purchase an income producing asset at almost a 3.5% Cap Rate on Current, and a 5.5% Cap Rate on Market.

Location

State CA

County Los Angeles

Area Northeast Downey, N Of Firestone, E Of Downey

Zoning DOR3*

Interior

Laundry Common Area

Exterior

Parking Features Gated

Garage Spaces 3.0

Pool None

Community Features Suburban, Urban

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

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Paul Ward
Paul Ward

Broker Associate | License ID: 01354001

+1(805) 479-5004 | paul@homeandranchteam.com

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