Conveniently centered between the 710 and 105 freeways and nestled in a residential area next door to Imperial Elementary School and YMCA in the city of Downey is the 48-unit property of Imperial Villas, which just sold for a grand total of $9,800,000 by Triqor Group’s top producers, Chris Keramati and David Oronoz.

Imperial Villas is a well maintained garden style apartment community comprised of both one and two-bedroom units. The property provides tenants with ample parking, a central courtyard, two laundry facilities, a barbeque area, a sparkling pool and is situated just outside of Los Angeles, 10 miles from the beautiful Pacific coastline.

With the property’s outstanding street frontage location, inviting complex amenities and having over 5.5% CAP rate on market rents, the buyer quickly understood the great value and prosperous outcome of owning Imperial Villas.

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