10516 10522 Arrington Avenue, Downey, CA 90241
Local realty services provided by:CENTURY 21 Experience
10516 10522 Arrington Avenue,Downey, CA 90241
$2,390,000
- - Beds
- - Baths
- 6,512 sq. ft.
- Multi-family
- Pending
Listed by: tyler leeson
Office: marcus & millichap re invest949-419-3200
MLS#:OC26121852
Source:CRMLS
Price summary
- Price:$2,390,000
- Price per sq. ft.:$367.01
About this home
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 today’s 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....
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Home facts
- Year built:1955
- Listing ID #:OC26121852
- Added:27 day(s) ago
- Updated:July 02, 2026 at 07:56 AM
Rooms and interior
- Living area:6,512 sq. ft.
Structure and exterior
- Year built:1955
- Building area:6,512 sq. ft.
- Lot area:0.34 Acres
- Lot Features:Street Level
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,390,000
- Price per sq. ft.:$367.01
Parking
- Total parking spaces:10
- Parking description:8 Carport Space(s)
- Carport spaces:8
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