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Rare offering in the city of Downey from long term owner. This well located 6 unit property features all 2 and 3 bedroom units. There are currently 2 vacant units, allowing an investor the ability to choose their own tenants and rent for market pricing. The available vacant units include a ground level updated 2Br + 2Ba unit and a 2nd floor fully remodeled 3Br + 1.5Ba unit with granite countertops, stainless steel appliances, ceiling fans, and new flooring. The property offers convenient rear alley access and 5 on-site parking spaces, including 2 garages, 2 tandem spaces, and 1 handicap space. There is a central hot water heater, some copper plumbing, and multiple remodeled units. The roof over the carport was redone in 2022. Ideally situated directly across from Williams Elementary School and near the intersection of Firestone and Old River School Road, the property offers convenient destinations including El Paseo South Gate, The Home Depot, LA Fitness, Chik Fil A, Sams Club, Curacao, Norms, Rio Hondo Golf Club, Porto's, In-N-Out, BJ's, Kaiser, Walmart, Benihana, and more.

14 Beds ⋅ 11 Baths ⋅ ACTIVE Status

Rare offering in the city of Downey from long term owner. This well located 6 unit property features all 2 and 3 bedroom units. There are currently 2 vacant units, allowing an investor the ability to choose their own tenants and rent for market pricing. The available vacant units include a ground level updated 2Br + 2Ba unit and a 2nd floor fully remodeled 3Br + 1.5Ba unit with granite countertops, stainless steel appliances, ceiling fans, and new flooring. The property offers convenient rear alley access and 5 on-site parking spaces, including 2 garages, 2 tandem spaces, and 1 handicap space. There is a central hot water heater, some copper plumbing, and multiple remodeled units. The roof over the carport was redone in 2022. Ideally situated directly across from Williams Elementary School and near the intersection of Firestone and Old River School Road, the property offers convenient destinations including El Paseo South Gate, The Home Depot, LA Fitness, Chik Fil A, Sams Club, Curacao, Norms, Rio Hondo Golf Club, Porto's, In-N-Out, BJ's, Kaiser, Walmart, Benihana, and more.

7411 Sw Arnett St, Downey

Courtesy of Compass, Dana Coronado - CA DRE#01746702

$4,950,000

We are pleased to present 11605 Downey Avenue, a well-maintained 14-unit multifamily asset located in the highly sought-after City of Downey. Built in 1971, the property consists of ten (10) one-bedroom/one-bath units and four (4) two-bedroom/two-bath units. The property features spacious floor plans, private patios and balconies, air conditioning, dual-pane windows, and electrical panel and breaker replacements. The property offers excellent on-site parking with 28 spaces, including 13 open spaces, 13 carport spaces and one two-car garage. Additional features include gated access and an on-site laundry facility. The units are separately metered for electricity, while gas is master-metered.11605 Downey Avenue is conveniently located near Downtown Downey, providing residents with access to major shopping, dining and employment, along with convenient access to the I-5, I-105, I-605 and I-710 freeways. Downey is one of Southeast Los Angeles County's most desirable rental markets, offering a central location and convenient access to major employment centers throughout Los Angeles and Orange Counties. The City of Downey does not currently have a local rent control ordinance; applicable units remain subject to California statewide rent regulations. **DRIVE BY ONLY. DO NOT WALK THE PROPERTY OR CONTACT THE TENANTS.**

18 Beds ⋅ 18 Baths ⋅ ACTIVE Status

We are pleased to present 11605 Downey Avenue, a well-maintained 14-unit multifamily asset located in the highly sought-after City of Downey. Built in 1971, the property consists of ten (10) one-bedroom/one-bath units and four (4) two-bedroom/two-bath units. The property features spacious floor plans, private patios and balconies, air conditioning, dual-pane windows, and electrical panel and breaker replacements. The property offers excellent on-site parking with 28 spaces, including 13 open spaces, 13 carport spaces and one two-car garage. Additional features include gated access and an on-site laundry facility. The units are separately metered for electricity, while gas is master-metered.11605 Downey Avenue is conveniently located near Downtown Downey, providing residents with access to major shopping, dining and employment, along with convenient access to the I-5, I-105, I-605 and I-710 freeways. Downey is one of Southeast Los Angeles County's most desirable rental markets, offering a central location and convenient access to major employment centers throughout Los Angeles and Orange Counties. The City of Downey does not currently have a local rent control ordinance; applicable units remain subject to California statewide rent regulations. **DRIVE BY ONLY. DO NOT WALK THE PROPERTY OR CONTACT THE TENANTS.**

11605 Downey Ave, Downey

Courtesy of Remax Commercial and Investment Realty, Nick Petrosian - CA DRE#01462598

$1,279,000

Welcome to 12045 & 12045A Rives Avenue, a unique opportunity offering two detached vacant residences with exceptional flexibility and potential. The beautifully maintained property features a total of 5 bedrooms and 4 bathrooms and 2242 sqft of combined living space, blending timeless architectural character with comfortable everyday living. Natural light fills the interiors, highlighting hardwood floors and elegant coved ceilings. A spacious living room flows into the adjacent dining area, while the generously sized kitchen features a charming breakfast nook and ample opportunity to personalize the space. Complementing the 3-bedroom main residence is a permitted, detached 2-bedroom, 2-bathroom ADU, offering privacy and versatility for extended family, guests, or potential rental income. The ADU features shaker-style kitchen cabinetry, updated bathrooms, recessed lighting, and dual-pane windows. Both residences offer dedicated washer and dryer areas, along with separate electric and gas meters, while the ADU additionally features a submeter. A long driveway provides ample parking, and the generous outdoor space offers plenty of room for entertaining, gatherings, or creating your own private retreat. With both units DELIVERED VACANT, the property presents an excellent opportunity for an owner-user, multi-generational household, or investor looking for flexibility and income potential. Conveniently located near dining, parks, recreation, and the 5, 710, and 605 freeways, with Downey Landing and The Promenade at Downey just minutes away. Located within the highly regarded Downey Unified School District, this versatile property offers the opportunity to enjoy two separate residences and endless possibilities in an established Downey community.

5 Beds ⋅ 4 Baths ⋅ ACTIVE Status

Welcome to 12045 & 12045A Rives Avenue, a unique opportunity offering two detached vacant residences with exceptional flexibility and potential. The beautifully maintained property features a total of 5 bedrooms and 4 bathrooms and 2242 sqft of combined living space, blending timeless architectural character with comfortable everyday living. Natural light fills the interiors, highlighting hardwood floors and elegant coved ceilings. A spacious living room flows into the adjacent dining area, while the generously sized kitchen features a charming breakfast nook and ample opportunity to personalize the space. Complementing the 3-bedroom main residence is a permitted, detached 2-bedroom, 2-bathroom ADU, offering privacy and versatility for extended family, guests, or potential rental income. The ADU features shaker-style kitchen cabinetry, updated bathrooms, recessed lighting, and dual-pane windows. Both residences offer dedicated washer and dryer areas, along with separate electric and gas meters, while the ADU additionally features a submeter. A long driveway provides ample parking, and the generous outdoor space offers plenty of room for entertaining, gatherings, or creating your own private retreat. With both units DELIVERED VACANT, the property presents an excellent opportunity for an owner-user, multi-generational household, or investor looking for flexibility and income potential. Conveniently located near dining, parks, recreation, and the 5, 710, and 605 freeways, with Downey Landing and The Promenade at Downey just minutes away. Located within the highly regarded Downey Unified School District, this versatile property offers the opportunity to enjoy two separate residences and endless possibilities in an established Downey community.

12045 Rives Ave, Downey

Courtesy of Christie's International Real Estate SoCal, Aaron Mejia - CA DRE#01896881

$849,000

This inviting 3-bedroom, 2-bathroom home located in a highly desirable Downey neighborhood. Offering a functional floor plan filled with natural light, this residence provides comfortable living with endless potential. Ideally situated near premier shopping, dining, parks, schools, and entertainment, with convenient access to major freeways for an easy commute throughout Los Angeles and Orange County. Enjoy the charm of a well-established community while being just minutes from everything Downey has to offer. A wonderful opportunity to own a home in one of Southeast Los Angeles County's most sought-after cities.

3 Beds ⋅ 2 Baths ⋅ ACTIVE Status

This inviting 3-bedroom, 2-bathroom home located in a highly desirable Downey neighborhood. Offering a functional floor plan filled with natural light, this residence provides comfortable living with endless potential. Ideally situated near premier shopping, dining, parks, schools, and entertainment, with convenient access to major freeways for an easy commute throughout Los Angeles and Orange County. Enjoy the charm of a well-established community while being just minutes from everything Downey has to offer. A wonderful opportunity to own a home in one of Southeast Los Angeles County's most sought-after cities.

12825 Morning Ave, Downey

Courtesy of TruLine Realty, Sierus Erdelyi - CA DRE#01870547

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