Shant has achieved another remarkable sale, successfully closing a deal on a 16-unit turnkey property located in the heart of Downey. If you'd like more details, including interior photos, rental income estimates, and operational expenses, please feel free to contact us via email.

Transaction Highlights

• Sold for Over $300,000 Per Unit - Record Price in the Area | Spacious 1 Bed + 1Bath Units
• Successfully Closed Escrow Within 3% of Listed Price in Collaboration with Juan Cardenas
• Best In-Class Marketing Campaign Achieved Multiple Offers
• Shant and Juan Teamed up with a Seasoned Buyer to Ensure a Smooth Transaction. They Successfully Sold the Buyer's 16 Unit Bellflower Property, Paving the Way for a Seamless Exchange into the 16 Unit Property in Downey

Investment Highlights

• 16 Spacious 1 Bed + 1 Bath Units | Pride of Ownership Building in A+ Downey Location
• Easy to Manage Investment | Great Curbside Appeal | Desirable Low Density Layout
• North of Firestone Blvd Near Downey Landing, Kaiser Hospital & Stonewood Shopping Center
• Substantial Rental Upside | All Open Parking - No Soft Story Requirement
• Opportunity to Add-Value | Separately Metered for Gas and Electricity
• No Local Rent Control | Property is only subject to AB1482 (Currently 8.8% Annually)
• Walking Distance to Schools, Parks, Shops & Dining