10515 Downey Ave Downey, CA ^$ 1,950,000

10515 Downey Ave

^$ 1,950,000

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10515 Downey Ave

Downey, CA, 90241

^$ 1,950,000

Studio Baths2.1 Sq 7,207

Monthly Estimate*

^$ 12,165

Listed by Skyline Commercial Real Estate

10515 Downey Ave, Downey, CA 90241 - Image 1

10515 Downey Ave, Downey, CA 90241 - Image 2

10515 Downey Ave, Downey, CA 90241 - Image 3

10515 Downey Ave, Downey, CA 90241 - Image 4

10515 Downey Ave, Downey, CA 90241 - Image 5

10515 Downey Ave, Downey, CA 90241 - Image 6

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Studio

Multi-Family Home for sale in Downey, CA

for $1,950,000 with 2 full baths, 1 half bath. This 7,207 square foot home was built in 1976 on a lot size of 0.1865.

Pleased to offer the opportunity to acquire a huge fourplex on Downey Ave, for sale by its original builders. With a highly coveted unit mix, these large units are ideal for an owner/user or an investor looking to add to their portfolio. Ample parking, including extra garages help contribute to this well maintained property, which has further upside with interior modernization. The Downey Ave Fourplex is part of a four-property portfolio of similarly constructed buildings in Bellflower and Downey, which may be purchased either individually or as a portfolio.

Multi-Family Active

Price

^$ 1,950,000

Bedrooms

Studio

Full Bath

Half Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Lot Size

0.1865

Year Built

1976

Town/City

Downey

County/Region

Los Angeles

MLS | Web ID

NP25244069

Days on Market

Features

General

Sewer Public Sewer

Garage Spaces 7

Pool Features None

Year Built 1976

Property Subtype Quadruplex

Gross Income 128580

Community Features Sidewalks

County Los Angeles

Net Operating Income 85209

Operating Expense 39514

Insurance Expense 3323

New Construction false

Property Type Residential Income

Garage Y/N true

Special Listing Conditions Standard

Status Active

Directions Downey Ave and 7th St

City Downey

Entry Location 1

Senior Community Y/N false

Number Of Units Total 4

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

Lot Size Units Square Feet

Lot Size Square Feet 8125

Carport Spaces 2

Carport Y/N true

Listing Terms Cash Cash to New Loan 1031 Exchange

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 4049

Water Sewer Expense 1757

Additional Parcels Y/N false

Rent Control Y/N false

Building Area Units Square Feet

Standard Status Active

Year Built Source Public Records

Tax Lot 7

Property Sub Type Additional Quadruplex

Expected Active Date 2025-10-22

Cap Rate 4.37

Interior

Total Stories 2

Common Walls 2+ Common Walls

Laundry Features See Remarks

Entry Level 1

Exterior

Lot Features 2-5 Units/Acre

Water Source Public

Total Parking 9

Lot Size Area 8125

Number of Buildings 1

Building Area Total 7207

Lot Size Acres 0.1865

Private Pool false

Lot Size Source Public Records

Number of Separate Water Meters 1

Number of Separate Gas Meters 4

Number of Separate Electric Meters 4

* Excluded Features

List By

Skyline Commercial Real Estate

Broker

ryan@skylinecommercialadvisors.com

Affordability Calculator

$12,165

Per Month

Monthly Principal & Interest: $12,165
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% 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 ^$2,551,000

Percent of Sale Price 31%

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
11/20/2025	$1,950,000		Listed Price

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10515 Downey Ave, Downey, CA, 90241 is a Multi-Family Home for sale at $1,950,000 with 7,207 sqft and a lot size of 0.1865. 10515 Downey Ave is a studio with 2.1 baths and was built in 1976. 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 6.375% 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 12/21/2025. 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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10515 Downey Ave

Multi-Family Home for sale in Downey, CA

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