10502 Western Avenue Downey, CA ^$ 2,100,000

10502 Western Avenue

^$ 2,100,000

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Recently Listed

10502 Western Avenue

Downey, CA, 90241

^$ 2,100,000

Bedrooms12 Baths6.0 Sq 5,054

Monthly Estimate*

^$ 14,504

Listed by Nick Petrosian, Remax Commercial and Investment Realty, npetrosian@remaxcir.com

10502 Western Avenue, Downey, CA 90241 - Image 1

10502 Western Avenue, Downey, CA 90241 - Image 2

10502 Western Avenue, Downey, CA 90241 - Image 3

10502 Western Avenue, Downey, CA 90241 - Image 4

10502 Western Avenue, Downey, CA 90241 - Image 5

10502 Western Avenue, Downey, CA 90241 - Image 6

10502 Western Avenue, Downey, CA 90241 - Image 7

10502 Western Avenue, Downey, CA 90241 - Image 8

10502 Western Avenue, Downey, CA 90241 - Image 9

10502 Western Avenue, Downey, CA 90241 - Image 10

Multi-Family Home for sale in Downey, CA

for $2,100,000 with 12 bedrooms and 6 full baths. This 5,054 square foot home was built in 1961 on a lot size of 0.1588.

We are pleased to present 10502 Western Avenue, a well-maintained 6-unit apartment building located in the highly sought after North Downey area. The property features an attractive 100% two-bedroom/one-bath unit mix, dual-pane windows throughout, electrical panel replacements, separately metered gas and electricity, seven on-site parking spaces, and an on-site laundry facility providing additional income. The property offers convenient access to Downtown Downey, shopping, dining and major freeways. North Downey remains one of the most desirable residential areas in the city, making 10502 Western Avenue an excellent opportunity to acquire a well-located multifamily asset in a highly sought-after rental market. The City of Downey does not have a local rent control ordinance; the property is subject to statewide rent regulations. **DRIVE BY ONLY. DO NOT WALK THE PROPERTY OR CONTACT THE TENANTS.**

Multi-Family Active

Price

^$ 2,100,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1588

Year Built

1961

Town/City

Downey

County/Region

Los Angeles

MLS | Web ID

26104440

Days on Market

Features

General

Living Area 5054

Heating None

Cooling None

Zoning DOR3*

Garage Spaces 1

Year Built 1961

Stories Count 2

Levels Two

Gross Income 153204

County Los Angeles

Net Operating Income 90312

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 Lakewood Blvd head north turn left on Florence Ave then right on Western Ave; property is located at 10502 Western Ave.

City Downey

Senior Community Y/N false

Number Of Units Total 6

MLS Area D2 - Northwest Downey N of Firestone W of Downey

Lot Size Units Square Feet

Lot Size Square Feet 6917

Carport Y/N true

Standard Status Active

Year Built Source Assessor

Cap Rate 4.3

Interior

Total Stories 2

Air Conditioning Y/N false

Heating Y/N false

Half Baths 0

1/4 Baths 0

3/4 Baths 0

Laundry Features Laundry Room

Total Bedrooms 12

Total Baths 6

Exterior

Parking Features Detached Carport Door-Single Garage

Total Parking 6

Lot Size Area 6917

Number of Buildings 1

Building Area Total 5054

Lot Size Acres 0.1588

Lot Size Source Assessor

* Excluded Features

List By

Nick Petrosian

Listing Agent

Remax Commercial And Investment Realty

Broker

npetrosian@remaxcir.com

Affordability Calculator

$14,504

Per Month

Monthly Principal & Interest: $14,504
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

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

Trends
Schools

Multi-family listings in Downey, CA

Average List Price ^$2,084,614

Percent of Sale Price 1%

About Downey, CA

112,576 Population

5% Since 2002

^$66,810 Median Income

35.34 Median Age

38% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
10/26/2026	$2,100,000		Listed Price

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10502 Western Avenue, Downey, CA, 90241 is a Multi-Family Home for sale at $2,100,000 with 5,054 sqft and a lot size of 0.1588. 10502 Western Avenue has 12 bedrooms, 6.0 baths, and was built in 1961. The property's zip code is 90241 which is in Downey, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: 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.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 10/29/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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10502 Western Avenue

Multi-Family Home for sale in Downey, CA

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