Under Contract

10516 10522 Arrington Avenue

Downey, CA 90241

$2,390,000 $10,076/Mo

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Overview

Bed

Bath

6,512

Sqft

14,810.40

Sqft(Lot)

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 strength en 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.

Property Details

Property Type : Residential Income

Price : $2,390,000

AD Id : 80041025

MLS Id : OC26121852

Lot Size : 14,810.40 Sqft

Living Area Size : 6,512

Year Built : 1955

County : Los Angeles

Map

What's Nearby

Nearby Areas

Features

Water/Sewer

Water Source: Public Sewer: Public Sewer

Building Information

Year Built: 1955 Building Area Total: 6,512
Pool Features

None

Laundry Features

Common Area

Lot Details

Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.34
Lot Size Source: Assessor Lot Size Square Feet: 14810.4

Listing Price Information

Original List Price: 2,390,000 Listing Contract Date: 2026-06-04
Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 6285022025

Other Property Info

Source Listing Status: Active Under Contract Source Neighborhood: D1 - Northeast Downey, N of Firestone, E of Downey Directions: Cross Streets of Arrington Avenue & Muller Street Source Property Type: Residential Income Area: D1 - Northeast Downey, N of Firestone, E of Downey Property SubType: Apartment
Building and Construction

Property Age: 71 Common Walls: No Common Walls Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: First level Levels or Stories: Two Building Total Stories: 2

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Nearby Home Value

Address	Estimate	Bed	Bath	Sq. Ft	Lot Size
10244 Woodruff, Downey, CA, 90241	$1,199,000	3	3	2,219	2,219 SqFt
10513 Pangborn Avenue, Downey, CA, 90241	$2,605,000	8	5	5,491	5,491 SqFt
9546 Cecilia, Downey, CA, 90241	$1,029,999	4	2	1,571	1,571 SqFt
10919 Newville Avenue, Downey, CA, 90241	$829,900	2	1	1,031	1,031 SqFt
10340 Clancey Avenue, Downey, CA, 90241	$1,358,888	3	2	1,911	1,911 SqFt
11003 Pangborn, Downey, CA, 90241	$925,000	3	2	1,474	1,474 SqFt
8542 11th, Downey, CA, 90241	$1,550,000	4	4	3,049	3,049 SqFt
10613 Shellyfield, Downey, CA, 90241	$1,100,000	3	2	1,472	1,472 SqFt
12265 Woodruff Avenue #64, Downey, CA, 90241	$215,000	3	2	1,120	1,120 SqFt
12265 Woodruff Avenue #39, Downey, CA, 90241	$95,000	2	1	--

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ByOwner last updated this listing 06/13/2026 @ 05:48

MLS: OC26121852 LISTED BY: Tyler Leeson, Marcus & Millichap RE Invest 949-419-3200 SOURCE: CRMLS