11026 Pangborn Ave | Downey, CA 90241
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- LoopNet Team
11026 Pangborn Ave
Downey, CA 90241
Pinewood Apartments · Build-to-Rent Property For Sale
·
35 Units
INVESTMENT HIGHLIGHTS
- First Time on the Market in Over 30 Years
- Well-Maintained Asset with Copper Plumbing
- Great Downey Location North of Firestone Boulevard
- Over a 7% Cap Rate on Market Rents
PROPERTY FACTS
| No. Units | 35 | Property Size | 16,776 sq ft |
| Property Type | Build-to-Rent | Average Occupancy | 94% |
| Property Subtype | Apartment | No. Floors | 2 |
| Apartment Style | Low-Rise | Year Built | 1969 |
| Costar Property Class | C | Parking Allocation | 2.21/1,000 sq ft |
| Total Plot Size | 0.45 ac | ||
| Use Class | DOP* | ||
| No. Units | 35 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.45 ac |
| Property Size | 16,776 sq ft |
| Average Occupancy | 94% |
| No. Floors | 2 |
| Year Built | 1969 |
| Parking Allocation | 2.21/1,000 sq ft |
| Use Class | DOP* |
AMENITIES
UNIT AMENITIES
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Gated
- Online Services
- Walk-Up
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT PCM | sq ft |
|---|---|---|---|
| 1+1 | 29 | £1,577 | 525 - 600 |
| 2+1 | 5 | £1,815 | 900 - 950 |
| 2+2 | 1 | £2,800 | 1,100 |
PROPERTY TAXES
| Parcel Number | 6287-024-004 | Improvements Assessment | £1,993,081 |
| Land Assessment | £1,353,791 | Total Assessment | £3,346,871 |
PROPERTY TAXES
Parcel Number
6287-024-004
Land Assessment
£1,353,791
Improvements Assessment
£1,993,081
Total Assessment
£3,346,871
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