10522 Arrington Ave Downey, CA 90241
Downey AreaEstimated payment $13,390/month
About This Home
10516 - 10522 Arrington Avenue are two side-by-side 4-unit multifamily properties located in Downey, California. Situated on separate parcels, the offering provides investors with the opportunity to acquire 8 contiguous units while preserving the flexibility associated with two individual 4-unit properties. Each property is identically configured with 2 one-bed/one-bath units and 2 two-bed/one-bath units, creating a balanced unit mix that appeals to a broad tenant base. Originally constructed in 1955, the properties contain a combined 6,512 rentable square feet on approximately 0.34 acres. Residents benefit from on-site laundry, 8 carport spaces, 2 surface parking spaces, and practical features such as screen doors. Ownership has completed meaningful capital improvements that help strengthen the properties’ long-term operations. The roofs were replaced in 2021, and both the main electrical service and subpanels have been upgraded, a particularly important consideration in today’s California insurance environment. The offering presents investors with a well-maintained, income-producing asset featuring recent system improvements, a proven unit mix, and the unique opportunity to acquire two side-by-side 4-unit properties in a market where multifamily assets of this size rarely become available as a contiguous offering.
Listing Agent
Marcus & Millichap RE Invest Brokerage Email: tleeson@marcusmillichap.com License #01451551 Listed on: 06/04/2026
Property Details
Home Type
- Apartment
Year Built
- Built in 1955
Lot Details
- 14,810 Sq Ft Lot
- No Common Walls
- Level Lot
- 6285022026
Home Design
- Entry on the 1st floor
Interior Spaces
- 6,512 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Parking
- 2 Open Parking Spaces
- 10 Parking Spaces
- 8 Carport Spaces
Outdoor Features
- Exterior Lighting
- Rain Gutters
Listing and Financial Details
- Tax Lot 15
- Tax Tract Number 20059
- Assessor Parcel Number 6285022025
- $2,337 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 8 Units
Amenities
- Laundry Facilities
Building Details
- 8 Separate Electric Meters
- 8 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,238
- Fuel Expense $2,239
- Insurance Expense $8,000
- Maintenance Expense $6,000
- Trash Expense $2,238
- Water Sewer Expense $2,238
- New Taxes Expense $28,510
- Operating Expense $60,600
- Gross Income $168,683
- Net Operating Income $103,066
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $4,398 | $270,251 | $124,036 | $146,215 |
| 2024 | $4,307 | $264,953 | $121,604 | $143,349 |
| 2023 | $4,183 | $259,759 | $119,220 | $140,539 |
| 2022 | $4,005 | $254,667 | $116,883 | $137,784 |
| 2021 | $3,836 | $249,675 | $114,592 | $135,083 |
| 2020 | $3,786 | $247,115 | $113,417 | $133,698 |
| 2019 | $3,746 | $242,271 | $111,194 | $131,077 |
| 2018 | $3,551 | $237,521 | $109,014 | $128,507 |
| 2016 | $3,410 | $228,300 | $104,782 | $123,518 |
| 2015 | $3,360 | $224,872 | $103,209 | $121,663 |
| 2014 | $3,219 | $220,468 | $101,188 | $119,280 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 07/22/2026 07/22/26 | For Sale | $2,390,000 | 0.0% | $367 / Sq Ft |
| 06/10/2026 06/10/26 | Pending | -- | -- | -- |
| 06/04/2026 06/04/26 | For Sale | $2,390,000 | -- | $367 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Interfamily Deed Transfer | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC26121852
APN: 6285-022-026
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