Downey, CA Real Estate Search

Downey, CA Multi-Family Homes for Sale

Downey, CA, is a thriving city that offers a diverse array of multi-family homes for sale, making it an attractive option for both investors and families looking for a home with added rental income potential. The area features a mix of well-maintained duplexes, triplexes, and larger apartment buildings, showcasing a variety of architectural styles and layouts to suit different preferences. With its convenient access to major highways, shopping districts, and parks, Downey provides an ideal location for residents. The vibrant community, coupled with a strong rental market, makes these multi-family properties not only a smart investment but also a wonderful place to live, ensuring a steady demand for housing in this growing city.

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Newest Downey, CA Multi-Family Homes for Sale

$1,040,000
DW26213022 MLS ⋅ Active Status
Welcome to this Duplex at: 7245-7247 Luxor Street in the beautiful city of Downey CA. Front unit features 3 bedrooms, 1 full bathroom living room area with fireplace and in need of alot of TLC. 2nd unit is 3 bedrooms, 2 full bathrooms with a large living room area in need of TLC. The 2 car garage is detached from the units. This property has a huge lot at 11,070 sq ft.with ample room for a ADU or a Jr. ADU.

7245 Luxor, Downey
$2,188,888
26993849 MLS ⋅ Active Status
An exceptional opportunity to acquire a well-maintained two-story commercial office building prominently located along Paramount Boulevard, one of Downey's major thoroughfares. The property has been extensively improved and thoughtfully designed to provide a professional and welcoming working environment. Since acquiring the building in 2006, the ownership invested significantly in the interior improvements, including wood flooring, custom built-in cabinetry and office furnishings, private offices, work areas, restroom facilities, windows, and numerous additional enhancements throughout the building. The first and second floors offer a functional combination of private offices, individual workspaces, and collaborative areas, complemented by abundant natural light. Built-in cabinetry and office features provide added convenience and create an environment that may allow a new owner or tenant to transition into the property with minimal disruption.Separate restroom facilities for men and women further enhance the functionality of the building. One of the property's distinctive features is its beautifully landscaped rear garden area. Mature landscaping and natural surroundings create a peaceful outdoor setting that is rarely found in a commercial office environmentan ideal space for employees, clients, breaks, or informal meetings. The property also offers convenient on-site parking for approximately 15 vehicles, an important advantage for employees and visitors. Currently tenant-occupied, this property may appeal to investors seeking an income-producing commercial asset as well as future owner-users looking for a professionally improved building in the City of Downey. With its Paramount Boulevard frontage, natural light, functional two-story office configuration, extensive improvements, attractive landscaping, and convenient parking, 10535 Paramount Blvd presents a unique opportunity in the Downey commercial market.Professional. Functional. Welcoming. A commercial property designed for business while offering an environment people can enjoy working in.

10535 Paramount Boulevard, Downey
$1,299,000
OC26204772 MLS ⋅ Active Status
**FOUR-UNIT DOWNEY INVESTMENT OPPORTUNITY | $7,149 CURRENT MONTHLY RENT.** Welcome to 7964 Farm Street, Downey—a well-located four-unit residential income property offering an excellent opportunity for investors seeking an established rental asset in a desirable Los Angeles County community. The property consists of four separately addressed residential units: 7964, 7966, 7968 and 7968.5 Farm Street. The unit mix includes three 2-bedroom/1-bath units and one 1-bedroom/1-bath unit, totaling 7 bedrooms and 4 bathrooms. The property currently generates **$7,149 per month in scheduled rental income, or $85,788 annually**, providing an established income stream for the next owner. Current monthly rents are $1,611 for 7964, $1,982 for 7966, $2,040 for 7968, and $1,516 for 7968.5. An additional attraction is the stability of the existing tenancy. The current rent roll reflects long-term occupants, with move-in dates ranging from 2006 through 2017, offering a buyer the opportunity to acquire an income-producing property with established rental history and reduced lease-up risk. **CURRENT RENT ROLL:** 7964 Farm Street — 2 BR / 1 BA — $1,611/month; 7966 Farm Street — 2 BR / 1 BA — $1,982/month; 7968 Farm Street — 2 BR / 1 BA — $2,040/month; 7968.5 Farm Street — 1 BR / 1 BA — $1,516/month. **Total: 4 Units | 7 Bedrooms | 4 Bathrooms | $7,149 Monthly Rent | $85,788 Annual Scheduled Rent.** The three 2-bedroom units offer attractive layouts for households seeking additional living space, while the 1-bedroom unit provides a complementary rental option. Located in Downey, the property benefits from convenient access to major transportation corridors, employment centers, shopping, dining and amenities throughout Southeast Los Angeles and surrounding communities. For investors, 7964 Farm Street offers the combination of four separate income-producing residences, established tenants and a proven rental history. The diverse unit mix and long-term occupancy provide a solid foundation for continued rental income while offering potential for future rent growth. Whether you're an experienced multifamily investor or looking to add your first income property, this is an opportunity to acquire an established asset in a highly accessible Southern California market. **7964 Farm Street—four units, four income streams, one opportunity.**

7964 Farm, Downey
$3,750,000
15 Beds ⋅ 12 Baths ⋅ PW26201554 MLS ⋅ Active Status
FOUR DETACHED SINGLE-FAMILY RESIDENCES ON ONE PARCEL -- Rare opportunity to acquire four detached two-story single-family residences on one parcel in a desirable Downey location. Built in 1990 and situated on an expansive 20,000+ square-foot lot, the property consists of four detached homes with floor plans ranging from approximately 1,600 to 2,200 square feet. In total, 15 bedrooms, 12 baths between the four units, totaling 7,400 square feet. Each residence features an attached two-car garage, private entrance, and individual yard, offering residents the privacy and feel of single-family living. Owned by the same owner since 2003, the property has been maintained with periodic updates while presenting an opportunity for cosmetic enhancements and modernization. The property is offered under a single APN and includes the residences commonly known as 12725, 12727, 12729, and 12731. All four residences are currently occupied under month-to-month rental agreements. Current tenancies range from approximately four to more than twelve years, with three of the four tenancies extending approximately nine years or longer. Exceptional occupancy history, with Seller reporting approximately only one to two months of physical vacancy across the four residences during the past five years. Scheduled rent increases become effective September 20, 2026, and all tenants have indicated their intention to remain in occupancy following the increases. Conveniently located with easy access to major freeways, employment centers, shopping, dining, and everyday amenities, this is a rare multifamily investment featuring detached single-family-style homes, historically stable occupancy, consistent rental income, and favorable operating characteristics. (VARIOUS PICTURES ACROSS THE FOUR SINGLE-FAMILY HOMES) EXECUTIVE OFFERING IN SUPPLEMENTS. INTERACTIVE URL FOR LARGEST UNIT 12731 OF 2,200 SQ FEET: https://unbranded.youriguide.com/12731_barlin_ave_downey_ca/ ALSO FLOOR PLAN OF 12727 and 12729 are mirror units of each other offering 1,800 SF each: https://unbranded.youriguide.com/ochvz_12729_barlin_ave_downey_ca/

12725 Barlin Avenue, Downey
$869,900
PW26169557 MLS ⋅ Active Under Contract Status
Fantastic investment opportunity with this great duplex on a large lot located in Downey! Two attached 2BD 1BA Units with detached 1 car garages for both. Selling "As Is" and out of state owners are not wanting to do repairs, and only offers of cash/conventional financing, no FHA. Front unit to be delivered vacant upon close of escrow. Month to month tenants, well maintained property, with plenty of room for growth. This property is ideal for investors or owner-occupants, and has great potential with value add-ons. Conveniently located in the South Downey area and near major freeways, shopping centers and restaurants, this is a solid opportunity to own an income-producing property in a high-demand area. Don't miss out!

12937 Downey, Downey
$1,195,000
ML82054644 MLS ⋅ Active Status
PRICE ADJUSTMENTNOW UNDER $1.2 MILLION! Beautifully maintained Downey duplex offering flexibility, privacy and investment potential. Two detached 2-bedroom, 1-bath residences offer approximately 1,664 sq. ft. of combined living space on a 6,094 sq. ft. lot. Live in one home and rent the other, or enjoy space for extended family. The front residence features central air conditioning; the freshly painted rear residence has a wall heater. Both water heaters were recently replaced, and each unit has separate gas and electric meters. Enjoy a private outdoor retreat with pergola seating and a peaceful water feature. Additional amenities include a separate laundry room, detached 2-car garage and approximately 90-foot driveway with tandem parking. Located in an established neighborhood served by Downey Unified School District. Seller is motivated schedule your private tour today!

8412 Cleta Street, Downey
$2,900,000
PW26135135 MLS ⋅ Active Status
FOUR DETACHED SINGLE-FAMILY RESIDENCES ON ONE PARCEL -- Rare opportunity to acquire four detached two-story single-family residences on one parcel in a desirable Downey location. Built in 1990 and situated on an expansive 20,000+ square-foot lot, the property consists of four detached homes with floor plans ranging from approximately 1,600 to 2,200 square feet. In total, 15 bedrooms, 12 baths between the four units, totaling 7,400 square feet. Each residence features an attached two-car garage, private entrance, and individual yard, offering residents the privacy and feel of single-family living. Owned by the same owner since 2003, the property has been maintained with periodic updates while presenting an opportunity for cosmetic enhancements and modernization. The property is offered under a single APN and includes the residences commonly known as 12725, 12727, 12729, and 12731. All four residences are currently occupied under month-to-month rental agreements. Current tenancies range from approximately four to more than twelve years, with three of the four tenancies extending approximately nine years or longer. Exceptional occupancy history, with Seller reporting approximately only one to two months of physical vacancy across the four residences during the past five years. Scheduled rent increases become effective September 20, 2026, and all tenants have indicated their intention to remain in occupancy following the increases. Conveniently located with easy access to major freeways, employment centers, shopping, dining, and everyday amenities, this is a rare multifamily investment featuring detached single-family-style homes, historically stable occupancy, consistent rental income, and favorable operating characteristics. EXECUTIVE OFFERING SUMMARY BY REQUEST. INTERACTIVE URL FOR LARGEST UNIT 12731 OF 2,200 SQ FEET: https://unbranded.youriguide.com/12731_barlin_ave_downey_ca/ ALSO FLOOR PLAN OF 12727 and 12729 are mirror units of each other offering 1,800 SF each: https://unbranded.youriguide.com/ochvz_12729_barlin_ave_downey_ca/

12725 Barlin Avenue, Downey
$1,498,000
SB26109291 MLS ⋅ Active Status
Exceptional opportunity to own a newer construction duplex featuring two detached homes on one large lot in a prime location in Downey. Built in 1988, this well-maintained property offers approximately 4,264 sqft of living space situated on an expansive 12,016 sqft lot. The front unit features 5 bedrooms and 2 bathrooms, while the rear unit offers 2 bedrooms and 2 bathrooms, creating an ideal setup for owner-users, multigenerational living, or investors seeking strong rental potential. Each unit includes its own private 2-car garage, central air conditioning, and functional layouts designed for comfortable living. The oversized lot also provides ample parking and excellent utility, all conveniently located near shopping, dining, schools, and major freeway access. Rare opportunity to acquire a large income-producing property in a desirable Downey neighborhood.

8118 Alameda, Downey
$5,125,000
PW26065659 MLS ⋅ Active Status
Introducing Twin Palms at 7306-7312 Neo Street, a prime investment opportunity in Downey, CA. This ±10,524 SF building, constructed in 1957, comprises (16) immaculately renovated units, offering an attractive mix of 1, 2, and 3-bedroom layouts. With garage parking, copper plumbing, and SB721 compliance, Twin Palms provides investor peace of mind and a sought-after option in the vibrant Downey rental market. Notably, it is not subject to municipal rent control, adding further appeal. This property presents an excellent opportunity for a multifamily investor seeking a lucrative addition to their portfolio. Additionally, the property features a laundry facility, a charming courtyard, and is conveniently located in close proximity to major employment centers and freeways, enhancing its appeal as a valuable investment in the thriving Downey area.

7306 7312 Neo Street, Downey
$1,350,000
PW25250748 MLS ⋅ Active Status
Back on Market after Buyer could not perform! Discover a rare mixed-use investment and live/work opportunity in the heart of Downey. This property features two buildings combining street-front retail and multifamily residential for diversified income and flexible future use. The front building includes ground-floor retail occupied by a tenant with 3+ years remaining on a NNN lease, plus a 1-bedroom residential unit above. The rear building offers two stacked 2-bedroom residential units with one unit delivered vacant. All residential tenants are currently month-to-month, allowing investors or owner-users the flexibility to reposition, adjust rents, or occupy units as desired. Situated on busy Paramount Blvd, the property enjoys high visibility, convenient freeway access, and proximity to schools, restaurants, and major businesses, ensuring continued tenant demand and long-term value appreciation. Highlights: •Two-building mixed-use property (retail + multifamily) •Front building: Street-front retail with 3+year lease + 1-bed unit above •Rear building: (2) 2-bed units •Residential units all month-to-month (upside flexibility) •Possible SBA financing available through business purchase •Excellent location near freeways, schools, and major businesses A unique blend of stable income, flexible occupancy, and redevelopment potential, 13000 Paramount Blvd offers investors and entrepreneurs a truly versatile Downey asset. *Possible purchase of retail business. Inquire with broker.

13000 Paramount, Downey
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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.