Downey Multi-Family Properties for Sale

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Newest Downey Multi-Family Homes for Sale

$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

$1,259,999

ML82054644 MLS ⋅ Active Status

Beautifully maintained Downey duplex offering versatility, privacy, comfort, flexibility, and excellent investment potential. The property features two separate 2-bedroom, 1-bath residences situated on a generous 6,094-square-foot lot, with approximately 1,664 square feet of total living space. The front residence features central air conditioning, while the freshly painted rear residence has a wall heater. Both water heaters were recently replaced, and each unit has separate gas and electric meters, providing added convenience and simplified utility management. A private outdoor entertaining area features an inviting seating space beneath a pergola and a tranquil water featureperfect for relaxing, gathering with guests, or enjoying peaceful evenings outdoors. Additional amenities include a separate laundry room, detached 2-car garage, an approximately 90-foot-long driveway offering ample tandem parking for multiple vehicles, and additional street parking. Located in a well-established, desirable Downey neighborhood and served by the Downey Unified School District, this property presents an outstanding opportunity for investors, extended living arrangements, or an owner-occupant seeking to live in one unit while generating rental income from the other.

8412 Cleta Street, Downey

$3,750,000

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 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

$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.