11560 Paramount Boulevard

Downey, CA 90241

  • 0 Bed(s)
  • 0 Bath(s)
  • 15,228 Sqft
  • 24709
    Sqft(Lot)
$6,200,000

Description

The subject property is a beautiful turnkey building located in central downey. the building is within short driving distance to the downey landing shopping center; stonewood shopping center; downtown downey; the 5, 605 and 105 freeways; and restaurants, entertainment venues and other support facilities for which downey is known. the building is 2-stories and of wood frame and stucco construction, and was built in 1963. the property is in good shape with great cubside appeal. it has an excellent unit mix of (17) 2-bedroom / 1-bath units and (1) 3-bedroom / 2-bath unit. the units average approximately 833 square feet in size and are individually metered for gas and electricity. the building totals 15,228 square feet and sits mid-block on a 24,702 square foot rectangular lot. amenities and features include secured entry to the property, a community swimming pool, on-site laundry facilities (equipment is rented), and 27 carport parking spaces; 12 free-standing carports and 15 tuck-under carports. the building is subject ab-1482 but there is no local rent control in downey. the property has substantial rent upside and offers an opportunity to add value.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    49977143

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Property Details

  • Bedroom Information

    • Total Bedrooms : 0

    Bathroom Information

    • Total Baths: 0
    • Full Baths: 0
    • Half Baths: 0

    Water/Sewer

    • Sewer : Sewer Tap Paid

    Interior Features

    • Roof : Composition
    • Interior Features: Ceiling Fan(s)
    • Property Appliances: Disposal,Range Hood

    Cooling Features

    • None
    • Air Conditioning

  • Building Information

    • Year Built: 1963
    • Building Area Total: 15,228
    • Construction: Stucco
    • Roof: Composition

    Security Features

    • Security Gate,Gated Community

    Accessibility Features

    • None

    Pool Features

    • Community,In Ground

    Laundry Features

    • Common Area

    Patio And Porch

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.5672
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 24709

  • Listing Price Information

    • Original List Price: 6,200,000
    • Listing Contract Date: 2025-05-28

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 6255015004

  • Garage and Parking

    • Garage Description: Attached Carport,Detached Carport
    • Attached Garage: Yes

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: D3 - Southwest Downey, S of Firestone, W of Downey
    • Directions: East side of Paramount Boulevard, north of Del Palma Street
    • Zoning: DOC1*
    • Source Property Type: Residential Income
    • Area: D3 - Southwest Downey, S of Firestone, W of Downey

    Building and Construction

    • Property Age: 62
    • Year Built Source: Assessor
    • Total Square Feet Living: 15228
    • Entry Level: 1
    • Entry Location: Main Level
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 06/09/2025 @ 14:27

  • MLS: 25544431
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 15,228 sqft, 24,709 sized lot, and 0 parking. are nearby neighborhoods.