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Downey, CA Multifamily Homes & Duplexes for Sale

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  • /64

    $1,049,000

    • 5 Beds
    • 3 Baths
    • 2,015 Sq Ft

    8509 Cleta St, Downey, CA 90241

    Turnkey duplex is an ideal investment, or perfect for Multi-Generational Living! This beautifully maintained duplex offers both a great investment opportunity or the PERFECT setup for extended family living. The front house is a spacious three bedroom, two full bath home, bright and open at approximately 1,285 sq. ft. It features a premiume kitchen with granite countertops and stainless steel

    Agent Photo

    Erin Barry

    Seven Gables Real Estate

    (562) 740-8192

    8509 Cleta St, Downey, CA 90241
  • /2

    $1,675,000

    • 9 Beds
    • 8 Baths
    • 5,490 Sq Ft

    11702 Lakewood Blvd, Downey, CA 90241

    One of A Kind property in Downey! Featuring 4 Units 1-3 huge bedrooms 2 bathrooms, formal dining area, a large living room and a spacious outdoors patio perfect for a entertaining or just sitting out watching the sunset 3-2 bedrooms 1.5 bathrooms. Each unit has inside laundry area, outdoor patio and a 2 car garage. There is also additional parking in front of 2 garages in front of the building.

    Maria Menjivar 4U Realty

    11702 Lakewood Blvd, Downey, CA 90241
  • /36

    $1,075,000

    • 5 Beds
    • 3 Baths
    • 1,782 Sq Ft

    8558 Alameda St, Downey, CA 90242

    Investor Alert! This DETACHED Downey duplex is packed with potential and ready for the right buyer to maximize returns. Sitting on an 11,000 sq ft lot, the front home features a spacious 3-bedroom, 2-bath, approximately 1,782 sq. ft., complete with central heat/AC, a rear yard, side patio, single-car garage, and washer/dryer hookups. The rear unit offers 2 bedrooms and 1 bath with both front and

    Kina De Santis reframe

    8558 Alameda St, Downey, CA 90242
  • /22

    $1,699,000

    • 6 Beds
    • 6 Baths
    • 2,934 Sq Ft

    10535 Myrtle St, Downey, CA 90241

    DUPLEX - Opportunity knocks!!! A rare, turnkey duplex offering space, style, and flexibility. Each spacious unit features 3 bedrooms and 3 bathrooms (total living area approx. 2,934 sq ft) on a generous 9,421 sq ft lot with each unit allowing occupant(s) direct access to 2-car attached garages. One unit has been thoughtfully updated with a fresh, contemporary aesthetic: a remodeled kitchen

    Kelly Evans RE/MAX College Park Realty

    10535 Myrtle St, Downey, CA 90241
  • /3

    $950,000

    • 4 Beds
    • 2 Baths
    • 1,662 Sq Ft

    8337 La Villa St, Downey, CA 90241

    Beautiful Duplex in Prime Northeast Downey Location! This charming duplex, located in the highly sought-after Northeast area of Downey, offers both comfort and style. Well-maintained! Situated on a clean, quiet street that offers peace and privacy. Don't miss the opportunity to own this fantastic property in a prime location! Subject to 1031 exchange. All parties to cooperate. SERIOUS BUYERS

    Vincent Reynolds Excellence RE Real Estate, Inc.

    8337 La Villa St, Downey, CA 90241
  • /38

    $5,249,000

    • 5 Beds
    • 4 Baths
    • 11,344 Sq Ft

    7370 Neo St, Downey, CA 90241

    Prime Investment Opportunity in the Heart of DowneyWelcome to 7370 Neo Street, a well-maintained multifamily gem located in one of Downey’s most desirable residential neighborhoods. This income-producing property features 14 spacious units, each offering comfortable layouts, private entrances, and dedicated parking. Nestled on a 13,068 sf lot, the property provides a rare combination of

    Magdy Mikhail American Realty Associates

    7370 Neo St, Downey, CA 90241
  • /16

    $1,350,000

    • 2 Beds
    • 1 Bath
    • 2,090 Sq Ft

    9504 Telegraph Rd, Downey, CA 90240

    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, but can be delivered vacant. This corner lot has 8 parking spots plus a long driveway leading to the back on the Telegraph side, and a driveway on

    Michael Berdelis 24 Hour Real Estate

    9504 Telegraph Rd, Downey, CA 90240
  • /65

    $1,100,000

    • 4 Beds
    • 2 Baths
    • 1,760 Sq Ft

    12843 Columbia Way, Downey, CA 90242

    Well maintained duplex with good tenants in place. Great investment opportunity. Desirable location. Both units have 2 bedrooms and 1 bath, interior laundry and Central AC/Heat. Upgrades include full copper repipe, Oak cabinetry, Remodeled kitchens, Tile flooring and Hardwired smart smoke/co detectors. Owner pays water for both units. Gas and electricity are individually metered and paid by

    Brad Lindenberg Coldwell Banker Tri-Counties R

    12843 Columbia Way, Downey, CA 90242
  • /24

    $2,199,000

    • 14 Beds
    • 3 Baths
    • 6,156 Sq Ft

    10525 Downey Ave, Downey, CA 90241

    6 Units In DowneyA-3/2.0/ $3,150.00B-2/1.0/ $2,000.00 C-2/1.0/ $1,922.00 D-3/2.0/ $2,200.00 E-2/1.0/ $1,922.00 F-2/1.0/ $2,100.00 Welcome to 10525 Downey Ave, Downey, CA! Featuring 6 units, this spacious multi-family property is a fantastic investment opportunity as a rental property. Each spacious unit includes a bright and inviting interior's includes 2x 3 beds and 2 Baths, and 4x -2 bedrooms

    Edward Uriarte COMPASS

    10525 Downey Ave, Downey, CA 90241

Why Live in Downey

Downey's rich aerospace heritage comes alive at the Columbia Memorial Space Center, where interactive exhibits showcase the city's role in the Apollo program and Space Shuttle development. The historic McDonald's restaurant on Lakewood Boulevard stands as the oldest operating location in the world. Cultural attractions include the Downey Civic Theatre's regular performances and the Stay Gallery's creative exhibitions. Food lovers flock to Porto's Bakery & Cafe for Cuban pastries, while Gaucho Grill Argentine Steakhouse serves upscale South American cuisine. The city maintains 13 parks, including Wilderness Park's peaceful walking trails and Rio Hondo Golf Club's manicured greens.

The Downey real estate market features a diverse range of housing options. The median sale price for homes in Downey is $873,000. Single family homes in the Downey neighborhood command a median price of $955,000, while similar properties in Hollydale have a median price of $795,000. Condominiums present more affordable options, with median prices of $347,000 for one bedroom units and $545,500 for two bedrooms. Townhomes have a median price of $885,000.

Property taxes in Downey reflect Los Angeles County's effective rate of 0.69%, matching neighboring cities like Norwalk, Pico Rivera, and South Gate. California's state income tax rate is 6.00% for annual incomes around $41,901, while the combined sales tax rate reaches 8.80%.

The public Downey High School serves Hollydale and Downey neighborhoods with an A rating. Private education options include the A+ rated St. Pius X Elementary School and St. John Bosco High School. Commuters benefit from Metro bus service, Downey Link local transit, and proximity to I-5, I-605, and I-105 freeways. Downtown Los Angeles lies 13 miles northwest, typically reached in 30 minutes depending on traffic.

Home Trends in Downey, CA

Housing Trends

Median Sale Price
$875,000
Median Single Family Sale Price
$960,000
Median Townhouse Sale Price
$852,000
Median 2 Bedroom Sale Price
$509,000
Median 1 Bedroom Sale Price
$389,214
Average Price Per Sq Ft
$580
Number of Homes for Sale
80
Last 12 months Home Sales
355
Months of Supply
2.70
Median List Price
$899,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
5%
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