10516-10522 Arrington Avenue, Downey, CA 90241

$2,255,000

Est. payment /mo

$2,390,000

5.6%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

10516-10522 Arrington Avenue Downey, CA 90241

3 Beds

2 Baths

0.34 Acres Lot

SOLD DATE : 07/31/2026

Key Details

Sold Price $2,255,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

MLS Listing ID OC26121852

Sold Date 07/31/26

Bedrooms 3

Lot Size 0.340 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

10516 - 10522 Arrington Avenue are two side-by-side 4-unit multifamily properties located in Downey, California. Situated on separate parcels, the offering provides investors with the opportunity to acquire 8 contiguous units while preserving the flexibility associated with two individual 4-unit properties. Each property is identically configured with 2 one-bed/one-bath units and 2 two-bed/one-bath units, creating a balanced unit mix that appeals to a broad tenant base. Originally constructed in 1955, the properties contain a combined 6,512 rentable square feet on approximately 0.34 acres. Residents benefit from on-site laundry, 8 carport spaces, 2 surface parking spaces, and practical features such as screen doors. Ownership has completed meaningful capital improvements that help strengthen the properties long-term operations. The roofs were replaced in 2021, and both the main electrical service and subpanels have been upgraded, a particularly important consideration in todays California insurance environment. The offering presents investors with a well-maintained, income-producing asset featuring recent system improvements, a proven unit mix, and the unique opportunity to acquire two side-by-side 4-unit properties in a market where multifamily assets of this size rarely become available as a contiguous offering.

Location

State CA

County Los Angeles

Zoning Assessor

Direction Cross Streets of Arrington Avenue & Muller Street

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 6285022025

Acceptable Financing Cash, Conventional, Exchange

Listing Terms Cash, Conventional, Exchange

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP


MLS Router / San Diego MLS
Listed by Tyler Leeson, DRE#01451551 Marcus & Millichap RE Invest 
Bought with Michael Berdelis 24 Hour Real Estate

Nearby Locations

Mary Siapno

Mary Siapno

Agent | License ID: 01489492

+1(619) 988-7273

GET MORE INFORMATION

Name
Phone*
Message