Closed Deals

La Villa Hermosa

12024 Bellflower Boulevard, Downey, CA 90242

Property Description

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire La Villa Hermosa, a 15-unit multifamily investment property located at 12024 Bellflower Boulevard, Downey, CA.

Situated on a 0.49-acre lot, La Villa Hermosa consists of one-, two-, and three-bedroom units and offers amenities including gated access, carport and open parking, a charming courtyard, security doors (some units), and on-site laundry.

La Villa Hermosa is located adjacent to the Promenade at Downey, a major regional retail center and Kaiser Permanente Downey Medical Center, the top employer in the city. In addition, the property is located near Interstates 605, 105, and 5, as well as Imperial Highway providing residents with convenient access to employment centers in surrounding cities.

Given the fantastic Downey location and quality of the asset, La Villa Hermosa is well suited to provide investors with strong returns and value appreciation over the long term investment horizon.

Sale Highlights

  • One-, Two-, and Three-Bedroom Units
  • Gated Access
  • Carport and Open Parking
  • Charming Courtyard
  • On-Site Laundry
  • Within Walking Distance to Kaiser Permanente Downey Medical Center and Coca-Cola's Downey Bottling Plant, Two of the Top Employers in the City
  • Situated Near the Junction of Interstates 105 and 605
Status: Sold
Year Built: 1973
Price: 4,400,000
No. of Units: 15
For more information on our listings, click here
Presented by
Mike A. Banwell
CA license: 02045460
Tyler C. Leeson
Senior Managing Director
CA license: 01451551