11605 Downey Avenue Downey, CA $ 4,950,000
11605 Downey Avenue
$ 4,950,000
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11605 Downey Avenue

Downey, CA, 90241
$ 4,950,000
Bedrooms18 Baths10.0 Sq 12,331

Monthly Estimate*

$ 34,188

Listed by Nick Petrosian, Remax Commercial and Investment Realty, npetrosian@remaxcir.com
11605 Downey Avenue, Downey, CA 90241 - Image 1
11605 Downey Avenue, Downey, CA 90241 - Image 2
11605 Downey Avenue, Downey, CA 90241 - Image 3
11605 Downey Avenue, Downey, CA 90241 - Image 4
11605 Downey Avenue, Downey, CA 90241 - Image 5
11605 Downey Avenue, Downey, CA 90241 - Image 6
11605 Downey Avenue, Downey, CA 90241 - Image 7
11605 Downey Avenue, Downey, CA 90241 - Image 8
11605 Downey Avenue, Downey, CA 90241 - Image 9
11605 Downey Avenue, Downey, CA 90241 - Image 10
11605 Downey Avenue, Downey, CA 90241 - Image 11
11605 Downey Avenue, Downey, CA 90241 - Image 12

Multi-Family Home for sale in Downey, CA

for $4,950,000 with 18 bedrooms and 10 full baths. This 12,331 square foot home was built in 1971 on a lot size of 0.4415.

We are pleased to present 11605 Downey Avenue, a well-maintained 14-unit multifamily asset located in the highly sought-after City of Downey. Built in 1971, the property consists of ten (10) one-bedroom/one-bath units and four (4) two-bedroom/two-bath units. The property features spacious floor plans, private patios and balconies, air conditioning, dual-pane windows, and electrical panel and breaker replacements. The property offers excellent on-site parking with 28 spaces, including 13 open spaces, 13 carport spaces and one two-car garage. Additional features include gated access and an on-site laundry facility. The units are separately metered for electricity, while gas is master-metered.11605 Downey Avenue is conveniently located near Downtown Downey, providing residents with access to major shopping, dining and employment, along with convenient access to the I-5, I-105, I-605 and I-710 freeways. Downey is one of Southeast Los Angeles County's most desirable rental markets, offering a central location and convenient access to major employment centers throughout Los Angeles and Orange Counties. The City of Downey does not currently have a local rent control ordinance; applicable units remain subject to California statewide rent regulations. **DRIVE BY ONLY. DO NOT WALK THE PROPERTY OR CONTACT THE TENANTS.**

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Multi-Family Active

Price

$ 4,950,000

Bedrooms

18

Full Bath

10

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.4415

Year Built

1971

Town/City

Downey

County/Region

Los Angeles

MLS | Web ID

26104421

Days on Market

5

Features
General
Living Area 12331
Heating None
Zoning WDOR3*
Garage Spaces 2
Security Features Gated Community
Year Built 1971
Stories Count 2
Levels Two
Gross Income 349404
Community Features Gated
County Los Angeles
Net Operating Income 211859
New Construction false
Property Type Residential Income
HOA false
Attached Garage true
Garage Y/N true
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions From the I-5 Freeway exit Firestone Blvd head west turn south on Downey Ave; property is located at 11605 Downey Ave.
City Downey
Senior Community Y/N false
Open Parking Spaces 13
Number Of Units Total 14
MLS Area D3 - Southwest Downey S of Firestone W of Downey
Lot Size Units Square Feet
Lot Size Square Feet 19232
Carport Spaces 13
Carport Y/N true
Standard Status Active
Cap Rate 4.28
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Interior
Total Stories 2
Heating Y/N false
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Laundry Features Laundry Room
Total Bedrooms 18
Total Baths 18
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Exterior
Parking Features Attached Carport Door-Multi Garage One Space
Total Parking 28
Lot Size Area 19232
Number of Buildings 1
Building Area Total 12331
Lot Dimensions 75x260
Lot Size Acres 0.4415
Lot Size Source Assessor
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* Excluded Features
List By
Nick Petrosian

Listing Agent

Remax Commercial And Investment Realty

Broker

npetrosian@remaxcir.com

Email

Affordability Calculator

$34,188
Per Month
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Monthly Principal & Interest
$34,188
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 7.375% 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
10/26/2026$4,950,000 Listed Price

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11605 Downey Avenue, Downey, CA, 90241 is a Multi-Family Home for sale at $4,950,000 with 12,331 sqft and a lot size of 0.4415. 11605 Downey Avenue has 18 bedrooms, 10.0 baths, and was built in 1971. The property's zip code is 90241 which is in Downey, CA