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Listed price in listed location currency (USD).
$1,900,000

006

MLS® DW25270455

  • Key Facts
  • Description
  • Map

Key Facts

Type Quadruplex
Levels Residential Income
Size -
Garage No
Taxes 
Days Active 0
Lot Size 0.1362 acres
Approx. Age 1963
MLS® Number DW25270455

Property Address: 11221 Pangborn Ave, Downey, CA, 90241-5541

Average square foot calculated using Size range provided by listing agent.

Description

Don't miss this investment opportunity! This four-unit apartment complex, tucked into one of Downey’s most established neighborhoods, offers just that. This exclusive four-unit apartment building stands proudly on a tree-lined street, offering not only income-generating potential but also a place where tenants love to call home. Recently remodeled and enhanced with thoughtful updates, this property shines as both a turnkey option and a value-add investment for the savvy buyer. From the outside, you’ll immediately notice the new custom siding, fresh paint, upgraded windows, and a secure entry gate accented with a striking exterior chandelier, details that set the tone for a well-maintained and inviting complex. Step inside and you’ll find spacious apartments, thoughtfully upgraded with remodeled kitchens, modern flooring, fresh paint, and updated bathrooms. The building offers a total of three 1 Bed/1 Bath units and one larger 2 Bed/1.5 Bath unit, creating a flexible mix that appeals to a wide range of renters. Parking is never a challenge here, with six dedicated spaces including three carports and three additional parking spots. One unit is currently vacant, presenting the perfect chance for an owner-user to live on-site while collecting rent from the others, or for an investor to lease it at full market value. With 3, 218 sq. Ft. Of total living space on a 5, 931 sq. Ft. Lot, this property combines comfort with function while still leaving room for future rent growth. The location is unbeatable, this established Downey neighborhood is clean, well connected, and highly sought after. Residents enjoy being within walking distance to shops, restaurants, and local parks, while also benefiting from easy access to major freeways. It’s the ideal balance of convenience and community, ensuring strong demand and long-term stability. With its blend of recent upgrades, income potential, and prime location, this four-unit property offers the best of Downey living, whether you’re expanding your portfolio or stepping into multifamily ownership for the first time. Drive by only, please don’t disturb tenants.
MLS® NumberDW25270455
Laundry LevelCommon Area
Central VacNo
FireplaceNo
Acreage0.1362
Exterior
GarageNo
Approx. Age1963
Basement
Driveway
Garage Spaces0
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Dec 4, 2025List Date
$1,900,000List Price
  • Commute

Commute

Starting Address
Destination Address
11221 Pangborn Ave, Downey, CA

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