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Downey, CA Multifamily Homes & Duplexes for Sale

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  • /25

    $2,700,000

    • 10 Beds
    • 10 Baths
    • 5,409 Sq Ft

    12135 Downey Ave, Downey, CA 90242

    In the a City that keeps on growing in value! Featuring 5 Units, each unit has 2 bedrooms 2 bathrooms, 5- 2-Car Garages there is a total of 10 parking spaces with Great potential to add ADU's. Community Laundry Room that brings additional income. 2 of the 5 units have been partially upgraded. Close to Restaurants, Movie Theaters at Downey Landing, Promenade and Stonewood Mall, 5 mins away from

    Maria Menjivar 4U Realty

    12135 Downey Ave, Downey, CA 90242
  • /2

    $1,259,999

    • 4 Beds
    • 2 Baths
    • 1,669 Sq Ft

    8412 Cleta St, Downey, CA 90241

    Rare $1,259,999 Multi-Family Opportunity in Downey! Two Turnkey Homes on One Lot!Perfect for multi-generational living or rental income, this property features two independent 2BR/1BA homes on a single lot. Built in 1948, these homes showcase timeless traditional charm. The front home boasts central AC, a spacious living room, and an eat-in kitchen. Includes a shared common area laundry

    Danny Avalos Alliance Real Estate Group

    8412 Cleta St, Downey, CA 90241
  • /8

    $6,300,000

    • 6 Beds
    • 4 Baths
    • 13,316 Sq Ft

    12024 Bellflower Blvd, Downey, CA 90242

    La Villa Hermosa features a gated private 15 Units building with 8= 1bd 1bth 6= 2bd 1bth 1= 3bth 2bth All units are spacious, the property has it's own Community Laundry area that generates additional income, there is separate storage room next to the laundry room, As of 2025 the building has NEW ROOF, NEW RAINGUTTERS, NEW DUAL PANEL WINDOWS, NEW GAS LINE, A few units have been upgraded. There

    Maria Menjivar 4U Realty

    12024 Bellflower Blvd, Downey, CA 90242
  • /37

    $3,450,000

    $750K PRICE DROP
    • 14 Beds
    • 10 Baths
    • 6,760 Sq Ft

    12143 Downey Ave, Downey, CA 90242

    Prime Investment Opportunity, these unique buildings are located in one of the desirable areas in Downey. Featuring 8 Units -2 front units are townhouse style with 2 bedrooms 1.5 bathrooms and each one with a 2 car spacious garage 4 additional units with 2 bedrooms 1 bathrooms each one with a detached 2 car carport. Plus 2 additional 1 bedrooms 1 bathrooms units each with a 2 car carport parking,

    Maria Menjivar 4U Realty

    12143 Downey Ave, Downey, CA 90242
  • /10

    $1,350,000

    • 3 Beds
    • 3 Baths
    • 3,421 Sq Ft

    13000 Paramount Blvd, Downey, CA 90242

    Back on Market after Buyer could not perform! Discover a rare mixed-use investment and live/work opportunity in the heart of Downey. This property features two buildings combining street-front retail and multifamily residential for diversified income and flexible future use.The front building includes ground-floor retail occupied by a tenant with 3+ years remaining on a NNN lease, plus a

    Stelios Zoumberakis Keller Williams Coastal Prop.

    13000 Paramount Blvd, Downey, CA 90242
  • /27

    $1,498,000

    $90K PRICE DROP
    • 7 Beds
    • 4 Baths
    • 4,264 Sq Ft

    8118 Alameda St, Downey, CA 90242

    Exceptional opportunity to own a newer construction duplex featuring two detached homes on one large lot in a prime location in Downey. Built in 1988, this well-maintained property offers approximately 4,264 sqft of living space situated on an expansive 12,016 sqft lot. The front unit features 5 bedrooms and 2 bathrooms, while the rear unit offers 2 bedrooms and 2 bathrooms, creating an ideal

    Johnnie Stiegler Lyon Stahl Investment Real Estate, Inc.

    8118 Alameda St, Downey, CA 90242
  • /12

    $5,125,000

    • 6 Beds
    • 3 Baths
    • 10,524 Sq Ft

    7312 Neo St, Downey, CA 90241

    Introducing Twin Palms at 7306-7312 Neo Street, a prime investment opportunity in Downey, CA. This ±10,524 SF building, constructed in 1957, comprises (16) immaculately renovated units, offering an attractive mix of 1, 2, and 3-bedroom layouts. With garage parking, copper plumbing, and SB721 compliance, Twin Palms provides investor peace of mind and a sought-after option in the vibrant Downey

    Doug Rodermund Morgan Skenderian

    7312 Neo St, Downey, CA 90241
  • /34

    $1,499,000

    $100K PRICE DROP
    • 6 Beds
    • 6 Baths
    • 2,934 Sq Ft

    10535 Myrtle St, Downey, CA 90241

    Welcome to this charming 6 bedroom 6 bath duplex. Each unit features 3 ample bedrooms, 2 full bathrooms, and 1 half bath offering almost 1500 sq ft of living space with an open floor plan. One unit is fully renovated, property located in the heart of Downey close to restaurants, shopping, schools and easy access to freeways. Don't miss out on this great opportunity!

    Sonia Cruz Regional Real Estate

    10535 Myrtle St, Downey, CA 90241
  • /16

    $759,000

    $20K PRICE INCREASE
    • 1 Bed
    • 1 Bath
    • 953 Sq Ft

    13108 Brock Ave, Paramount, CA 90723

    "BACK ON MARKET!!!!!" Great Investment Opportunity on this Prime Location, corner lot duplex which is literally across the street from the City of Downey. This SE corner property of 7590 SqFt has the potential to build an ADU on the Gardendale side of the lot with the existing duplex sits on the rear of the lot facing Brock St. Lots of potential here for future growth! Both units currently rented

    John Andersen United Real Estate Pacific States

    13108 Brock Ave, Paramount, CA 90723

Why Live in Downey

Downey, California, is located between Los Angeles and Orange County. Most of its early development took place in the mid-1900s, when the city played a crucial role in the space program. Today, residents can enjoy its walkable downtown and commuter-friendly location. Housing reflects Downey’s past and ongoing growth, from a few remaining 19th-century homes to midcentury ranch-style houses built during the aviation and aerospace boom, along with newer multifamily developments. The Downey Unified School District is highly rated, and Downey High School offers Advanced Placement courses and strong theater arts resources. St. Pius X–St. Matthias Academy provides a well-regarded private high school option. Access to major freeways, including interstates 5 and 105, makes travel straightforward, and some residents also use Downey LINK, Metro buses and the Metro C Line station. There are many things to do, including events like Summer Concerts Under the Stars and the Downey Día de los Muertos Art Festival. Downtown has locally owned restaurants, including Porto’s Cuban bakery and cafe and Lock and Key. Shopping is centered around the Stonewood Center mall, as well as the Promenade at Downey and Downey Landing. The city has several green spaces, including Apollo Park and the Rio Hondo Golf Club.

Home Price Trends

Median Sale Price
$850,000
Median Single Family Sale Price
$830,000
Median Townhouse Sale Price
$925,000
Median 2 Bedroom Sale Price
$632,000
Average Price Per Sq Ft
$620
Number of Homes for Sale
5
Last 12 months Home Sales
31
Months of Supply
1.90
Median List Price
$838,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
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