8731 - 8735 Imperial Highway, Downey, CA 90242

Property Description

Palm Terrace Townhomes is a professionally managed, well maintained residential community ideally situated within close proximity to some of Downey’s largest employers and schools. With a mix of 100% 2 bedroom townhouse units, the property offers one of the most desirable unit mixes for renters in its submarket.
 
 Located at 8731-8735 Imperial Highway in Downey, California, Palm Terrace offers an investor an opportunity to acquire a property with a great marketing window for new renters by virtue of its frontage on one of Downey’s prime arterial highways. All units have gas ranges, microwaves, dishwashers, and central heating. 
 
 The City of Downey is known for its strong employment base and solid demand for rental units. The city can be conveniently reached by any of four freeways: Interstate 105 with its Metro rail line passing through the southern part of the city, Interstate 5 which passes through the northern part, Interstate 605 which passes along the eastern side and Interstate 710 which passes just to the west of the city. Rated in the top 25% of “100 Best Cities to Do Business in California” by California Business Magazine, Downey is a unique community in the heart of Southern California.