Skip To Content
    Return to Previous Page

    10601 Parrot Avenue

    Downey, CA 90241
    • $4,000,000
    • STATUS: Active
    • ON SITE: 67 days
    • ID#: PW20162966
    UPDATED: 38 min ago
    $4,000,000
    • 0
      BEDS
    • 0.38
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 9,288
      SQFT
    • $431
      $/SQFT

    School Ratings & Info

    Description

    10601 Parrot Ave offers the perfect combination of convenience and seclusion. The property is largely removed from the dense neighborhoods that surround it which were mainly developed during the peak of Downey+GGs cold-war-era expansion. The property consists of over 9,000 square feet of livable space with a unit mix of four 2-bedroom units, and twelve spacious 1-bedroom units. The building is individually metered for gas and electric and has a flat roofs on both buildings. In addition to it+GGs close proximity to schools, employment, and enjoyment, the tenants enjoy on-site amenities including a spacious courtyard, carport parking and laundry room. With market rents a mere 15% away, a new owner should be able to achieve them in less than 2 increases.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-21T16:32:51.34. 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 Keller Williams Realty. Licensed in the State of California, USA.

    www.therealestategirl.com/homes/108919264
    Print Image

    10601 Parrot Avenue Downey, CA 90241

    • Price: $4,000,000
    • Status: Active
    • Updated: 38 min ago
    • ID#: PW20162966
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.38
    Acres
    9,288
    SQFT
    $431
    $/SQFT
    1957
    Built
    Neighborhood:
    D1 - Northeast Downey, N of Firestone, E of Downey
    County:
    Los Angeles
    Area:
    D1 - Northeast Downey, N of Firestone, E of Downey
    Property Description
    10601 Parrot Ave offers the perfect combination of convenience and seclusion. The property is largely removed from the dense neighborhoods that surround it which were mainly developed during the peak of Downey+GGs cold-war-era expansion. The property consists of over 9,000 square feet of livable space with a unit mix of four 2-bedroom units, and twelve spacious 1-bedroom units. The building is individually metered for gas and electric and has a flat roofs on both buildings. In addition to it+GGs close proximity to schools, employment, and enjoyment, the tenants enjoy on-site amenities including a spacious courtyard, carport parking and laundry room. With market rents a mere 15% away, a new owner should be able to achieve them in less than 2 increases.
    Exterior Features

    Garage Spaces 0.00 Lot Features 16-20 Units/AcreCul-De-Sac Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Common Area

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Suburban Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 281272.00 Gross Scheduled Income 281272.00 Insurance Expense 4180.00 Land Lease YN No Laundry YN Yes Net Operating Income 173439.00 New Construction YN No New Taxes Expense 45620.00 Number Of Separate Electric Meters 0 Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Operating Expense 99451.00 Professional Management Expense 0.00 Rent Control YN Yes Senior Community YN No Sewer OtherUnknown Special Listing Conditions Standard Total Expenses 99451.00 Trash Expense 3887.00 Water Sewer Expense 0.00 Water Source Public Year Built Source Public Records Zoning Dor3*

    Listing provided courtesy of Justin White of Justin White


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-21T16:32:51.34. 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 Keller Williams Realty. Licensed in the State of California, USA.

     
    https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364658808-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364658808-1.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_364658808-1.jpg
    Logo
    Keller Williams Realty
    ,