Downey Multi-Family Properties for Sale

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Newest Downey Multi-Family Homes for Sale

$699,000

DW23169479 MLS ⋅ Active Status

Welcome to this charming duplex in the city of Downey. This fantastic investment opportunity features two units, each offering one bedroom each. Two single detached garages, plenty of parking space. This property is centrally located near Discovery Sports Complex, shops, restaurants, highways and public transportation.

12512 Rose Avenue, Downey

$1,399,950

DW23158786 MLS ⋅ Active Status

Investment opportunity in Downey! This mixed-use property has two offices and a two bedroom house on a 17,000+ sq ft lot. The two offices are currently being rented by one tenant and the large 2 bedroom 1 bath SFR is receiving excellent market rent. This corner lot has 8 parking spots plus a long driveway leading to the back on the Telegraph side, and a driveway on the hasty side with access to more parking, including RV parking, and the large yard. There are multiple possibilities going forward: keep the current tenants, utilize the offices for your own use, live in one and work at the other, add additional structure(s) with the extra land, or tear it all down and build a large office building.

9504 Telegraph Road, Downey

$989,000

DW23155658 MLS ⋅ Active Under Contract Status

Rare opportunity to own TWO Properties in the city of Downey! Live in one and rent the other.Both units have been equipped with brand new water tankless heaters, roof has also been recently replaced, new landscape, complete with an automated sprinkler system, creating a lush and vibrant outdoor space. The addition of new windows, complemented by sliding doors, enhances the overall aesthetic and floods the interiors with natural light. The right unit of this duplex has undergone an impressive remodel new floors, paint, brand new kitchen with quartz counter-tops, and remodeled bathroom. Each unit has their own garage which might be possible for two more Adu's, POSSIBLE 4 UNITS!! Back unit has their own entrance in the back alley. This duplex property in Downey presents a unique opportunity to enjoy a range of modern upgrades and features in a desirable location. Whether you're looking for a lucrative investment or a place to call home, this property is sure to exceed your expectations. Don't miss out on the chance to own this exceptional duplex in the heart of Downey!

8131 Cheyenne Avenue, Downey

$2,499,900

PTP2303678 MLS ⋅ Active Status

Welcome to this stunning new triplex in Downey! This modern income-producing property with (6.4 Cap Rate) boasts three spacious & beautifully designed units, each offering a perfect blend of contemporary elegance & comfort. With ample natural light flooding in through large windows, the interiors create a warm and inviting atmosphere. Each 3 bedroom 2+ bath unit features an open-concept layout, providing a seamless flow between the living, dining, and kitchen areas, making it perfect for entertaining guests or spending quality time with family. High-end finishes & appliances in the kitchen add a touch of luxury, while the bedrooms provide a serene retreat for relaxation. Additionally, residents can enjoy private outdoor spaces. Conveniently located in a desirable neighborhood, close to amenities, schools, and transportation, this triplex offers an ideal opportunity for both homeowners and investors. Don't miss the chance to make this exceptional triplex your new home or investment property!

10224 La Reina, Downey

$1,275,000

DW23132598 MLS ⋅ Active Status

Proud to present these 3 units mix-use in the city of Downey. Property features a market/liquor store in front and a 1 BR/1Bth unit above rear unit is a 2Br/1Bth. Also has 4th unit that has 2 rooms and a 1 bth but it is none-conforming. Agents and buyer to do their own due diligence. Please do not disturb any of tenants drive-by only. write offers subject interior inspection.

13000 Paramount Boulevard, Downey

$999,000

P1-14306 MLS ⋅ Active Status

*** MASSIVE PRICE REDUCTION *** An exceptional investment opportunity is now available in the heart of Southern California for an owner-user or investor. Welcome to 12637 Columbia Way, a well-manicured triplex in great condition in the highly desirable community of Downey, situated on a 6,550+ sq ft lot with over 2,100 sq ft of living space. This property consists of 4 bedrooms and 4 bathrooms, 2 units feature 1 bedroom and 1 bathroom and the 3rd unit offers a spacious 2 bedroom 2 bathroom with a lovely patio area accessible through the living room and kitchen, this unit has direct access to an attached garage with washer & dryer hook ups. A second garage is shared by the other 2 units. All units have kitchen doors exiting to the outside, allowing access to the rear walkway which leads to the garages. This prime location is close to major transportation corridors, bus routes, schools, shopping, dining, and other commercial establishments.

12637 Columbia Way, Downey

$1,395,000

P1-14299 MLS ⋅ Active Under Contract Status

Welcome to 12016 Old River School Rd, a well-maintained 2-building triplex on a tree-lined street in the sought-after community of Downey, this exceptional property presents a fantastic investment opportunity for an owner-user or investor, combining a prime location with an adjacent vacant lot offering a potential development opportunity. Entering the front unit (nearest the curb) you'll step into a large sunken living room with a fireplace, an excellent entertainment space that connects to the kitchen, a dining area with a sliding glass door leading to the outside concrete patio. Follow hallway to the 2 bedrooms and 2 bathrooms along with an open spacious den, which can be used as an office or 3rd bedroom. The 2nd attached unit offers a townhouse style design with a spacious living area, kitchen and half bath on the 1st floor and 2 spacious bedrooms and 1 bathroom on the 2nd floor. The rear free-standing building offers an enormous 1 bedroom 1 bath unit with ample storage on the 2nd level and 3 car parking spaces on the 1st level next to the common area laundry room which has a single washer and dryer. The property sits on a lot approx. 15,259 sq ft, which includes a vacant lot situated across the street from Old River Elementary and Stauffer Middle Schools, Los Amigos Golf Course, minutes from shops, restaurants, Frwys 710 and 105 and much, much more!!

12016 Old River School Road, Downey

$1,499,000

230012861SD MLS ⋅ Active Status

We are pleased to exclusively offer for sale 11221 Pangborn Ave, a four unit apartment building situated in the Heart of Downey. Pangborn is an excellent income producing, value-add opportunity for a new or experienced multi-family investor looking to pick up four apartment units in an established and high demand rental pocket. This is predominantly a family neighborhood that is very safe and clean. Walking distance to many shops, restaurants and parks. This complex consists of three, 1bed/1bath units and one 2bed/1.5bath unit along with five parking spaces. Recently remodeled in 2018, along with a new roof. All units are currently occupied so please do not disturb tenants. Contact via email or cell phone for more information! We are pleased to exclusively offer for sale 11221 Pangborn Ave, a four unit apartment building situated in the Heart of Downey. Pangborn is an excellent income producing, value-add opportunity for a new or experienced multi-family investor looking to pick up four apartment units in an established and high demand rental pocket. This is predominantly a family neighborhood that is very safe and clean. Walking distance to many shops, restaurants and parks. This complex consists of three, 1bed/1bath units and one 2bed/1.5bath unit along with five parking spaces. Recently remodeled in 2018, along with a new roof. All units are currently occupied so please do not disturb tenants. Contact via email or cell phone for more information!

11221 Pangborn Ave, Downey

$1,625,000

DW23086295 MLS ⋅ Active Status

Proud to present the Myrtle Street Fourplex located in Prime North Downey walking distance to Downtown Downey, Our Lady of Perpetual Help Catholic School and Church, and countless restaurants/shopping/employment opportunities within 1 mile. The property is comprised of Four (4) Single-Story 2 Bed/1 Bath units in excellent condition with minimal deferred maintenance. Pride of ownership location in the strongest rental market in Southeast Los Angeles. This property is an excellent long-term hold and will cash flow due to the very low expenses, Landlord only pays Water and Trash Utilities. The four units are spread comfortably between two buildings with two units in each building all on one lot, with the two front units having attached garages with washer and dryer connections inside, and two patio areas located in the back of the building. Current rents as of July 1st are $1,925, $1,925, $1,840 and $1,925 and tenants are on month to month leases. Separately metered for gas and electricity. Do not walk on the property or disturb tenants. Subject to inspection, property tours will only be allowed with an accepted offer only. Must contact listing agent only for more information. Tenants are not aware property is for sale. Anyone that does not follow these directions and bother the tenants will be disqualified.

10520 Myrtle Street, Downey

$1,950,000

11 Beds ⋅ 7 Baths ⋅ 23250357 MLS ⋅ Active Under Contract Status

9116 Hall Rd is a huge fourplex located in the highly desirable city of Downey. With a highly desirable unit mix of (1) 3 bed/1 bath front house, (1) 2 bed/2 bath, and (2) 3 bed/2 bath units, the property is generating stellar income. One of the 3 bed/2 bath units is extra large with two family rooms and two entrances that's currently being used by the tenants as a divided 3 bed/1 bath and a studio/1 bath units, connected by a door. Tenants pay for their own electric, gas, and trash. The property also provides a laundry room with one washer and dryer that generates enough additional income to cover water and common area utility expenses. The property is not subject to any local rent control ordinance. Current ownership has proactively managed and maintained the property. The main roof was replaced six years ago. Copper plumbing to the main line, 2 new water heaters, and upgraded electrical panel in Unit D have all been installed within the last 5 years. All units have tile floors, granite countertops and updated kitchen and bathroom cabinets. Eight carports, one garage, and additional driveway parking service the tenants' vehicles. Located on a quiet residential street within the borders of downtown Downey, tenants enjoy the benefits of both worlds. Just blocks away are Lakewood Blvd and Firestone Blvd, lined with restaurants, shops and service providers. If that's not enough, Downey Landing is around the corner, which includes several restaurants, a movie theater, LA Fitness, Staples, Walmart Supercenter, and much more. Just a few minutes in the car will put you on the 105, 605, 5 of 710 Freeways.

9116 Hall Road, Downey

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.