The Wilkas Group - Lenore & Alexander Wilkas

Real Estate Advisors | License ID: 01343201 & 01355442

GET MORE INFORMATION

We respect your privacy! Your information WILL NOT BE SHARED, SOLD, or RENTED to anyone, for any reason outside the course of normal real estate exchange. By submitting, you agree to our Terms of Use and Privacy Policy.

$ 8,400,000

$ 8,500,000 1.2%

Est. payment -/mo

Sold on 07/30/2025

11801 Lakewood BLVD Downey, CA 90241

1 Sqft Lot

UPDATED:

Key Details

Sold Price $8,400,000

Property Type Apartment

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

MLS Listing ID PW25082228

Sold Date 07/30/25

HOA Y/N No

Year Built 1953

Annual Tax Amount $108,060

Lot Size 1 Sqft

Property Sub-Type Apartment

Property Description

The Downey Villa Apartments offer an investor the opportunity to acquire 45 units in the best location of all of Downey—caddy corner to the Downey Landing development. The property has phenomenal exposure on the high-traffic major thoroughfare of Lakewood Boulevard and Stewart & Gray Road. Residents enjoy a community pool, on-site parking, an on-site laundry room and a quick walk across the street to all Downey Landing has to offer.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning DOR3-P*

Interior

Fireplace No

Laundry Common Area

Exterior

Pool Private

Community Features Curbs, Gutter(s)

Total Parking Spaces 62

Private Pool Yes

Building

Lot Description Rectangular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6255024076

Energy Description 9281.0

Acceptable Financing Cash to New Loan, Conventional

Listing Terms Cash to New Loan, Conventional

Financing Conventional

Special Listing Condition Standard

Listed by Doug Rodermund Morgan Skenderian dsr@morganskenderian.com
Bought with Doug Rodermund Morgan Skenderian