Movoto Real Estate
Search
About Home value Property history Tax history Market statistics Schools Neighborhood Places of interest
Sold on 09/08/2023

10023 Pomering Rd, Downey, CA 90240

  • $1,325,000

    Last sold 09/08/2023 for $1.32M

  • 8

    bed

  • 6

    bath

  • 3,840

    Sqft ($345/Sqft)

Multi-family not for sale
Movoto is helping 42 homebuyers near you

About 10023 Pomering Rd

Property type Multi-family
Neighborhood
Year built 1954
HOA fee $0/month
Lot size 7,231 Sqft
Movoto estimate
Property description
10023 Pomering Road is a 6-unit multifamily investment asset located in the highly desirable North Downey rental market. The property features (2) two bedroom units and (4) one bedroom units with (6) garage parking spaces. There is approximately (50%) upside in the rents. The subject property has been in the same family for decades and is an excellent investment opportunity because of it's outstanding location, substantial amount of rental upside, ADU potential and no local rent control barriers.
Listed by
Listing Agent - Nicholas Petrosian
Listing Office - Remax Commercial and Investment Realty
Source: The MLS mls logo
MLS#23-306571 • last updated 2 years ago
Movoto checked The MLS for data 2 minutes ago
Overview
Levels/Style Two
MLS # 23-306571
Type Residential Income
Status Sold
SqFt 3840
Lot Size (SqFt) 7231
Lot Size (Acres) 0.166
Year Built 1954
Interior
Total # of Baths 6
Total # of Bedrooms 8
Exterior
# Parking Spaces 6
Parking Desc Garage
Add'l Structures None
Amenities / Utilities
Equipment None
Location
County Los Angeles
Zoning DOR3*
APN 6359-022-005
Multifamily Details
Unit 1: Furnished No
Unit 1: Projected Rent 7700
Unit 1: # Beds 1
Unit 1: Rent 1061
Unit 2: Rent 1078
Unit 2: Furnished No
Unit 2: Projected Rent 4600
Unit 2: # Beds 2
Unit 2: # Baths 1
Unit 1: # Baths 1
Unit 2: Actual Rent 2155
Unit Type 2106, 2107
Unit 1: Actual Rent 4245
Total # Of Buildings 1
Net Operating Income 38423
Vacancy Rate 3%
Gross Income 76800
Gross Operating Income 74496
Gross Rent Multiplier 17.25
Total Annual Expenses 36073
$1.32M
Range: $1.19M-$1.45M
Last 30 days 
  • Sep 2023
    Public Records
  • Sep 29, 2023 Sold
    $1,325,000
  • Sep 2023
    mls logo MLS # 23-306571
  • Sep 29, 2023 Sold
    $1,325,000 (-4.0%)
  • Sep 8, 2023 Pending
    —
  • Sep 8, 2023 Active
    —
  • Aug 31, 2023 Listed
    $1,380,000
  • Year Property taxes Tax assessment
  • 2024
    $17,665 +408.6%
    $1,325,000 +823.65%
  • 2023
    $3,473 +3.3%
    $143,453
  • 2022
    $3,362 +6.3%
    $143,453 +4.04%
  • 2021
    $3,162 +1.0%
    $137,884 +1.04%
  • 2020
    $3,132
    $136,471
  • 10023 Pomering Rd
    $1.32M
  • Northwest Downey, N Of Firestone, W Of Downey
    —
  • 90240
    $850K -7% y/y
  • Downey
    $849K +6% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
7/10
Price Elementary School
public Grades K-5
Downey Unified School District
7/10
Griffiths Middle School
public Grades 6-8
Downey Unified School District
8/10
Warren High School
public Grades 9-12
Downey Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

Around Northwest Downey, N Of Firestone, W Of Downey

Explore everything this neighborhood has to offer.
View homes for sale in 90240, CA
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in Downey, CA

Nearby homes for sale in Downey, CA

Newest listings in 90240

  • Real Estate
  • CA
  • Los Angeles County
  • Downey
  • 90240
  • 10023 Pomering Rd
Meet with a real estate agent today (844) 430-0869
  • Movoto Logo
  • Download IOS APP Download Android APP
The multiple listing information is provided by The MLS™. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
The data relating to real estate for sale on this web site comes in part from the Combined L.A./Westside MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by Combined L.A./Westside MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Copyright 2026 Combined L.A./Westside MLS. All rights reserved.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.