10530 Newville Avenue Downey, CA $ 11,990,000
10530 Newville Avenue
$ 11,990,000
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10530 Newville Avenue

Downey, CA, 90241
$ 11,990,000
Baths1.0 Sq 1,721

Monthly Estimate*

$ 75,706

Listed by Cerritos Investments Inc.
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Studio

Multi-Family Home for sale in Downey, CA

for $11,990,000 with 1 full bath. This 1,721 square foot home was built in 1950 on a lot size of 0.1736.

**CASH BUYERS ARE WELCOME- owner occupant for more space, or investor to get more income** Welcome to 10530 Newville, Downey - a true family home which has been uniquely modified into 3 separate units. It composes of total 4 Bedrooms, 3.5 baths, 3 sets of kitchens and 3 laundry areas ready for an extended family to enjoy living together, but also able to maximize independence and maintain privacy. Main House has approximately 1,721 SF (per County data, including permitted add on in year 2015), front & back porches, enclosed patio (approx. 300 SF), garage (approx 400 SF), storage room (90 SF), sparkling swimming pool & SPA, nearly 7,500 SF large lot size and a long driveway which can accommodate 4-5 cars parking. Main house has separate entries. Front unit with 2 BR 1.5 baths, Living Room, formal dining, fireplace, skylight, private side yard and individual laundry room. Back unit has 1 BR, 1 bath, laundry area, kitchen (from main structure) and a family room/dining area (ductless mini split AC system) was converted from a patio. Garage is used as living quarter (1 BR 1 bath, living room, kitchen) with ceiling fan/light, storage room, laundry hook up and tankless water heater. Overall house condition is great with upgraded baths, kitchen, floorings, plumbing, 200 amp electrical panel, fire sprinklers and newer roof. Buyer to verify all permits and assume AS IS condition. Located in one of Downey's upper scaled neighborhoods, this home offers convenient access to schools, parks, shopping, and freeways. **CASH buyers or non-QM buyers are welcome as this property may not be approved for FHA or conventional loans.

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Multi-Family Active

Price

$ 11,990,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1736

Year Built

1950

Town/City

Downey

County/Region

Los Angeles

MLS | Web ID

PW26136758

Days on Market

2

Features
General
Sewer Public Sewer
Heating Wall Furnace
Cooling Ductless
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Possession Close Of Escrow
Roof Asphalt
Appliances Tankless Water Heater
HOA Fee 0
Garage Spaces 0
Architectural Style Bungalow
Pool Features Private
Construction Materials Stucco
Year Built 1950
View None
Stories Count 1
Levels One
Property Subtype Single Family Residence
Gross Income 0
Community Features Street Lights Sidewalks
County Los Angeles
Net Operating Income 0
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions west of 605 (Lesterford Ave) between Florence and Firestone
City Downey
Disclosures Principal is Real Estate Licensed
Entry Location 1
Senior Community Y/N false
Open Parking Spaces 4
Number Of Units Total 3
MLS Area D1 - Northeast Downey N of Firestone E of Downey
Lot Size Units Square Feet
Lot Size Square Feet 7560
Listing Terms Cash
Spa Features Private
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Property Condition Additions/Alterations
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 191
Property Sub Type Additional Single Family Residence
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Interior
Interior Amenities Ceiling Fan(s) All Bedrooms Down
Flooring Tile Wood
Fireplace Features Dining Room
Total Stories 1
Common Walls No Common Walls
Air Conditioning Y/N true
Heating Y/N true
Fireplace Y/N true
Laundry Features In Garage Laundry Room Stacked
Entry Level 1
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Exterior
Exterior Amenities Rain Gutters
Fencing Block Wrought Iron
Parking Features Driveway
Lot Features Sprinklers In Front
Water Source Public
Total Parking 4
Lot Size Area 7560
Foundation Details Raised
Number of Buildings 2
Spa true
Building Area Total 1721
Lot Size Acres 0.1736
Private Pool true
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
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* Excluded Features
List By
Cerritos Investments Inc.

Broker

emilychingUSA@yahoo.com

Email

Affordability Calculator

$75,706
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Monthly Principal & Interest
$75,706
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Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
6/24/2026$11,990,000 Listed Price

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10530 Newville Avenue, Downey, CA, 90241 is a Multi-Family Home for sale at $11,990,000 with 1,721 sqft and a lot size of 0.1736. 10530 Newville Avenue is a studio with 1.0 baths and was built in 1950. The property's zip code is 90241 which is in Downey, CA