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$3,550,000
CV26059950 MLS ⋅ Pending Status
PRICED TO SELL! Now offered at a 6.58% CAP Rate, 10.26 GRM! Exceptional opportunity to acquire a 16-unit apartment community in the highly desirable city of Downey, now aggressively priced at $3,550,000. This well-located asset features all 1-Bed/1-Bath units totaling 8,616 rentable square feet on an expansive 14,489 sq. ft. lot, offering an efficient layout that consistently attracts strong tenant demand. Residents benefit from onsite parking and an onsite laundry facility, enhancing convenience and long-term retention. The property is now delivering a 6.58% CAP Rate and 10.26 GRM, providing stronger in-place returns and improved cash flow following the price adjustment. Rare additional opportunity: The adjacent property at 11523 Old River School Rd is also available for purchase, creating a unique chance to acquire 32 units total, ideal for investors seeking scale, operational efficiency, and long-term portfolio growth in a prime Downey location. Positioned in a high-demand rental market, this offering combines improved pricing, solid fundamentals, and a desirable unit mix, making it a compelling acquisition for investors focused on immediate income and future upside.

11517 Old River School Rd, Downey
$3,550,000
CV26060040 MLS ⋅ Pending Status
NEW Price: Now Offering a 6.34% CAP Rate! Exceptional opportunity to acquire a 16-unit apartment community in the highly desirable city of Downey, now aggressively priced at $3,550,000. This well-located asset features 16 1-Bed/1-Bath units plus a non-conforming studio (stand alone structure ideal for ADU conversion - check with proper city authorities), totaling 8,208 rentable square feet on an expansive 14,604 sq. ft. lot, offering an efficient layout that consistently attracts strong tenant demand. Residents enjoy a full range of amenities including onsite parking, an onsite laundry facility, and a sparkling swimming pool, recently resurfaced with a new security gate being installed. Additional recent improvements include all staircases replaced for second-floor access, enhancing both safety and long-term durability. The property is now delivering a 6.34% CAP Rate and 9.84 GRM, providing improved in-place returns and stronger day-one cash flow following the price adjustment. Rare additional opportunity: The adjacent property at 11515 Old River School Rd is also available for purchase, creating a unique chance to acquire 32 units total, ideal for investors seeking scale, operational efficiency, and long-term portfolio growth in a prime Downey location. Positioned in a high-demand rental market, this offering combines improved pricing, recent capital improvements, and strong fundamentals, making it a compelling acquisition for investors focused on immediate income and long-term upside.

11523 Old River School Road, Downey
$1,225,000
5 Beds ⋅ 3 Baths ⋅ MB26191668 MLS ⋅ Pending Status
TWO SEPARATE HOUSES ON THIS PROPERTY. If you are looking for a property that has a lot of features and benefits, look no further. This property has two separate houses, the front house consists of 3 bedrooms, 1.75 baths, large open floor plan at Entry, Family Room/Living Room, Kitchen, and large Eating Area. Two of the three bedrooms are located in the front of the house, and primary bedroom is located in rear, giving added privacy. Also added features in the front house include 4 solar tubes for natural lighting, beamed ceiling, large office, solar panels, recessed lighting, central air, upgraded kitchen that opens to large formal dining area. Primary Bedroom in rear with its own bathroom with double sinks. Entry at Family room includes a fireplace with gas starter, and wood burning option. Back separate 2 bedroom, 1 bath house in rear has beamed cathedral ceilings. Large pool in gated area in rear of the property. Large back fenced concrete area behind rear house with wrought iron fencing. Oversized 2.5 car detached garage with laundry area and plenty of room for storage. Wrought iron sliding gate used as security between driveway and backyard. Open desert-style outside area between the two houses make it a great area for relaxing. Extra long driveway with room for RV parking. Newer roof and newer detached garage, approximately 11 years.

11926 Rives Avenue, Downey
$1,149,000
4 Beds ⋅ 3 Baths ⋅ DW26129795 MLS ⋅ Pending Status
Welcome to this corner lot home in a highly desirable area of Downey. Offering approximately 2,420 sq. ft. of living space, this spacious residence features 4 bedrooms, 3 full bathrooms, and 2 additional bonus rooms attached to the garage perfect for a pool house, home office, gym, or flexible living space that fits your lifestyle. One of the standout features of this property is the spectacular backyard designed for entertaining. Enjoy the large swimming pool, perfect for family gatherings and summer barbecues. Inside, you'll find plenty of windows that fill the home with natural light, complemented by elegant shutters that provide both style and privacy. The functional floor plan offers fireplace in the front living room and a family den at the rear of the property. Located in a highly sought-after area of Downey, this home is conveniently close to shopping, dining, parks, and schools, making it an ideal place to call home. With its generous lot size, versatile bonus spaces, prime corner location, and exceptional value, this is a rare opportunity to own a 4br/3ba with 2400+ sqft, large pool, + 2 Bonus rooms with their own bathrooms in Downey. Make this home your own with some cosmetic touches that fits your style. Best Priced home in Downey with all these features!

7802 Adwen, Downey
$1,000,000
4 Beds ⋅ 3 Baths ⋅ PW26185063 MLS ⋅ Active Under Contract Status
Welcome to this beautifully maintained Downey property offering the perfect blend of comfort and flexibility with a 3-bedroom, 2-bathroom main residence plus a fully permitted, attached ADU built in 2024. The main home offers approximately 1,232 sq. ft. of living space (buyer to verify) with an inviting open floor plan, updated kitchen, shutters, fireplace, and central HVAC and heating. An EV outlet adds convenience for today’s lifestyle. The 1-bedroom, 1-bathroom ADU offers approximately 539 sq. ft. (buyer to verify) and features a mini-split system and separate gas and electric meters, with water shared between both residences. Built in 2024 and fully permitted, the ADU provides an excellent opportunity for extended family, guests, a home office, or additional rental income. Outside, enjoy a beautifully maintained backyard designed for entertaining, complete with a built-in BBQ pit with its own chimney chute, storage shed, and a spacious driveway with parking for approximately four vehicles. Conveniently located near the Downey Promenade, Los Amigos Golf Course, and Rio Hondo Golf Club, with shopping, dining, recreation, and entertainment just minutes away. A versatile Downey property offering two separate living spaces and endless possibilities for its next owner.

11919 Susan Avenue, Downey
$875,000
3 Beds ⋅ 2 Baths ⋅ PW26109122 MLS ⋅ Pending Status
Welcome to 12301 Rives Avenue, a beautifully maintained home nestled in the heart of Downey that perfectly blends comfort, style, and functionality. The interior has undergone a complete make-ready, offering a fresh, move-in-ready living space with thoughtful updates throughout. Highlights include central air conditioning, dual-pane windows, durable luxury vinyl flooring, and a well-appointed updated kitchen featuring stainless steel appliances and a professional-grade range—perfect for everyday living and entertaining. The versatile third bedroom features sliding pocket doors, providing the flexibility to serve as a private bedroom, home office, den, or additional living space to fit your needs. Step outside to an inviting backyard designed for year-round enjoyment. The newly installed sod lawn, automatic sprinkler system, and impressive BBQ and entertainment area create the ideal setting for hosting family and friends or simply relaxing outdoors. The detached garage adds even more functionality with a dedicated laundry area complete with a utility sink and built-in storage, providing plenty of space for organization and convenience. Ideally located in one of Downey's desirable neighborhoods, this home offers easy access to shopping, dining, parks, schools, and major freeways. With its fresh interior, versatile floor plan, beautifully updated outdoor space, and exceptional amenities, 12301 Rives Avenue is truly move-in ready and waiting to welcome you home.

12301 Rives Avenue, Downey
$870,000
3 Beds ⋅ 2 Baths ⋅ PW26174229 MLS ⋅ Active Under Contract Status
Welcome to 7811 Adoree Ave, Downey! Nestled on a quiet cul-de-sac along a beautiful tree-lined street, this charming 3-bedroom, 2-bathroom home offers comfortable living, thoughtful updates, and plenty of space for entertaining. Step inside to a spacious living room featuring a warm and inviting atmosphere, perfect for relaxing, entertaining guests, or enjoying movie nights with friends. The newly remodeled kitchen is truly the heart of the home, featuring a gorgeous center island with beautiful quartz countertops and a seamless flow into the dining room and den, creating a bright, open, and connected living space. The den offers a cozy gas fireplace, making it the perfect place to unwind and enjoy time with family and friends. The home has been newly painted throughout, adding a fresh, modern feel to the interior. Additional highlights include a newer roof, central air conditioning and heating, an attached two-car garage, and a spacious driveway providing additional parking. Outside, the generous backyard offers plenty of space for entertaining, gatherings, outdoor dining, or simply enjoying the Southern California lifestyle. Located in a desirable Downey neighborhood, this inviting home combines comfort, functionality, and an excellent indoor-outdoor layout, all set on a peaceful cul-de-sac surrounded by mature trees and neighborhood charm.

7811 Adoree, Downey
$869,900
PW26169557 MLS ⋅ Active Under Contract Status
Fantastic investment opportunity with this great duplex on a large lot located in Downey! Two attached 2BD 1BA Units with detached 1 car garages for both. Selling "As Is" and out of state owners are not wanting to do repairs, and only offers of cash/conventional financing, no FHA. Front unit to be delivered vacant upon close of escrow. Month to month tenants, well maintained property, with plenty of room for growth. This property is ideal for investors or owner-occupants, and has great potential with value add-ons. Conveniently located in the South Downey area and near major freeways, shopping centers and restaurants, this is a solid opportunity to own an income-producing property in a high-demand area. Don't miss out!

12937 Downey, Downey
$849,000
3 Beds ⋅ 2 Baths ⋅ DW26138128 MLS ⋅ Active Under Contract Status
Excellent opportunity to own in one of Downey's most desirable neighborhoods! This well-maintained single-story home has been lovingly cared for by the same ownership for many years and offers 3 bedrooms, 2 bathrooms, plus a spacious den currently being used as a salon, providing flexible space for a home office, playroom, or additional living area. Situated on a 5,517 sq. ft. lot, the backyard features a sparkling pool and spa, perfect for relaxing or entertaining. While the interior retains its original finishes, the home has been exceptionally well cared for, making it an ideal opportunity for buyers looking to personalize and update to their own taste. Whether you're a first-time homebuyer searching for a great neighborhood or an investor looking for your next project, this property offers outstanding potential in a highly sought-after Downey location. Don't miss this chance to make it your own!

12315 Pomering, Downey
$839,900
3 Beds ⋅ 2 Baths ⋅ DW23143283 MLS ⋅ Pending Status
This great single-story home offers a perfect combination of comfort and style. As you enter through the door you'll be greeted by an inviting ambiance created by the spacious Living room. The partially open floor plan creates an airy and spacious atmosphere, accentuated by the abundance of natural light that filters through the dual pane windows and custom built-in shutters. The recently remodeled kitchen is a true delight, featuring Quartz countertops, plenty of cabinets and a center island with vaulted ceilings. The primary bedroom located at the back of the home boasts a cozy fireplace, perfect for chilly evenings, and a sliding door that provides easy access to the outside, extending your living space to the tranquil outdoors. The primary bedroom offers a Walk-In Closet and a Full bathroom, providing convenience and privacy. Additionally, there are two more bedrooms on the frontside of the home. Both bathrooms were also recently remodeled. Outside, the property boasts a spacious yard with many trees, playground set and a storage shed. This area offers a wonderful opportunity for relaxation, gardening, or entertaining, creating a perfect balance between nature and modern living. A Two-car attached garage providing direct access to the home was completely drywalled with required City Permits. This property is a true gem waiting to be discovered by its lucky new owners.

7820 Springer St, Downey
$424,900
2 Beds ⋅ 2 Baths ⋅ RS26069902 MLS ⋅ Active Under Contract Status
Move-in-ready Park Meadows 2-bedroom upper-unit condo featuring vaulted ceilings, fresh paint, and new flooring throughout. This light and bright home offers two spacious bedrooms, including a primary suite with an en-suite bath, and abundant natural light. The inviting living room includes a cozy fireplace and opens to a private balcony overlooking the spa, inside laundry room, there is also a beautifully maintained pool area. Additional highlights include a carport and a Gated community. Conveniently located next door to the Los Amigos Golf Course and very close Rio Hondo Golf Club, as well as the Stonewood Center, offering great shopping and dining options. Easy access to the 710, 5, and 105 freeways makes commuting a breeze. Unit 59 parking carports 376 and 377. Home inspection in supplements.

7330 Quill Unit 59, Downey

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.