$2,199,000
$501K PRICE DROP

10525 Downey Ave Downey, CA 90241

Estimated payment $14,088/month

Total Views 19,202
14 Beds
3 Baths
6,156 Sq Ft
$357 Price per Sq Ft

Highlights

  • Fireplace
  • Laundry Room
  • Heating Available
  • Warren High School Rated A-

About This Home

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 and 1 bath. Outside, you'll find plenty of space for all units to share. The property also offers off-street parking for convenience. The City of Downey, home to more than 113,000 residents in 12.41 square miles, is a diverse and dynamic community in the heart of Los Angeles County, approximately 15 miles from Downtown Los Angeles, approximately 15 miles from Downtown Long Beach, and 5 miles from Orange County. With easy access to major highways 5 / 710 / 105 / 605, commuting to other parts of the city is a breeze. Convenience is key at 10525 Downey Ave in Downey. Community, dining, shopping, and entertainment are just minutes away, including Downey High School, Downey City Library, Downey Theatre, Promenade at Downey, Discovery Sports Complex, and more! Discover the charm of downtown Downey with Porto's Bakery, LOOK Dine-in Cinemas, and Farmers Markets. Don't miss this chance to add a promising multi-family property to your real estate investment portfolio. 🏡

Listing Agent

Edward Uriarte

COMPASS License #01102702 Listed on: 05/04/2025

COMPASS

Co-Listing Agent

Craig White

Sotheby's International Realty License #01884948

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1960

Lot Details

  • 8,094 Sq Ft Lot
  • Two or More Common Walls
  • No Sprinklers

Parking

  • 6 Car Garage
  • Parking Available
  • Rear-Facing Garage

Home Design

  • Property Attached

Interior Spaces

  • 6,156 Sq Ft Home
  • 2-Story Property
  • Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 14 Bedrooms
  • 3 Bathrooms

Additional Features

  • Exterior Lighting
  • Heating Available

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 550
  • Assessor Parcel Number 6252025006

Community Details

Building Details

  • 6 Leased Units
  • Rent Control
  • 7 Separate Electric Meters
  • 7 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $672
  • Fuel Expense $636
  • Gardener Expense $1,200
  • Insurance Expense $7,256
  • Trash Expense $5,400
  • Water Sewer Expense $1,800
  • New Taxes Expense $32,940
  • Operating Expense $49,904
  • Gross Income $152,640
  • Net Operating Income $122,460

Additional Features

  • 6 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1960

Lot Details

0

Parking

6

Listing Details

  • Assessments: No
  • CapRate: 5.56
  • Property Attached: Yes
  • Subdivision Name Other: Not Applicable
  • View: No
  • Water Sewer Expenses: 1800.00
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 6252025006
  • Year Built: 1960
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: Yes
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Levels: Two
  • Price Per Square Foot: 357.21

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage Faces Rear
  • Total Parking Spaces: 6.00

Utilities

  • Sprinklers: No
  • Heating: Yes
  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 5400.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Street Lights

Lot Info

  • Land Lease: No
  • Lot Features: Sprinklers None
  • Lot Size Sq Ft: 8094.00
  • Lot Size Acres: 0.1858

Multi Family

  • Electric Expense: 672.00
  • Fuel Expense: 636.00
  • Gross Income: 152640.00
  • Gross Scheduled Income: 162648.00
  • Insurance Expense: 7256.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 8094.0000 Square Feet
  • Net Operating Income: 122460.00
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 40188.00
  • Other Income2: 260.00
  • Rent Control: Yes
  • Total Expenses: 49904.00

Tax Info

  • New Taxes Expense: 32940.00
  • Tax Lot: 5
  • Tax Tract Number: 550...

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/26/2025 08/26/25 Price Changed $2,199,000 -2.3% $357 / Sq Ft
08/06/2025 08/06/25 Price Changed $2,250,000 -6.2% $365 / Sq Ft
06/12/2025 06/12/25 Price Changed $2,399,000 -11.1% $390 / Sq Ft
05/04/2025 05/04/25 For Sale $2,700,000 +215.8% $439 / Sq Ft
07/06/2012 07/06/12 Sold $855,000 -10.0% $139 / Sq Ft
07/02/2012 07/02/12 Pending -- -- --
06/24/2012 06/24/12 For Sale $950,000 -- $154 / Sq Ft
Source: Pasadena-Foothills Association of REALTORS®

Source: Pasadena-Foothills Association of REALTORS®

MLS Number: P1-22031

Pasadena-Foothills Association of REALTORS®