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    16-Unit Apartment Building
    Updated: Feb 7
    16-Unit Apartment Building

    11517 Old River School Rd, Downey, CA 90241

    $3,550,000
    0.33 AC lot
    16‑unit apartment property with an all 1‑Bed/1‑Bath unit mix
    8,616 rentable square feet on a 14,489 sq. ft. lot
    Onsite parking and resident laundry facility
    6.58% CAP Rate
    10.26 GRM
    View details
    See what stands out in Los Angeles County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 1 Active listings in Downey, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 71 Off-Market properties to explore as potential leads, plus 1 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    6-Unit Multifamily Property
    6-Unit Multifamily Property

    6019 Gotham Street, Bell Gardens, CA 90201

    $2,100,000
    5,538 sqft 0.27 AC lot

    Two detached buildings offer a four-bedroom house alongside five one-bedroom apartment units.

    View details
    Renovated Apartment Building
    Renovated Apartment Building

    8973 Alexander Ave, South Gate, CA 90280

    $1,175,000
    2,564 sqft

    Detached residence and four rear units create a diversified multifamily configuration with separate outdoor space.

    View details
    12-Unit Apartment Building with On-Site Parking
    12-Unit Apartment Building with On-Site Parking

    5659 Quinn Street, Bell Gardens, CA 90201

    $2,699,999
    7,501 sqft

    Built in 1962, this 12-unit building offers one- and two-bedroom units with separate electric and gas meters.

    View details
    6-Unit Apartment Building
    6-Unit Apartment Building

    8981 Hildreth Avenue, South Gate, CA 90280

    $1,699,000

    Well-maintained multifamily property with renovated residences, on-site laundry, and carport parking near South Gate Park.

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Entitled Income-Restricted Housing Project
    Entitled Income-Restricted Housing Project

    3812 W Adams Blvd, Los Angeles, CA 90018

    $3,900,000
    15,359 sqft 0.35 AC lot

    Entitled 106-unit income-restricted housing project with RTI permits.

    View details

    Off-Market Properties in Downey, CA

    Consider similar Off-Market properties in Downey, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    10329 La Reina Ave
    APARTMENT HOUSE (5+ UNITS)

    10329 La Reina Ave, Downey, CA 90241-2549

    $1,020,000
    Estimated value
    4,824 sqft 0.22 AC lot
    View details
    9335 Washburn Rd
    APARTMENT HOUSE (5+ UNITS)

    9335 Washburn Rd, Downey, CA 90242-2981

    $265,000
    Estimated value
    6,200 sqft 0.46 AC lot
    View details
    8105 Orange St
    APARTMENT HOUSE (5+ UNITS)

    8105 Orange St, Downey, CA 90242-3563

    Value Estimation by Request
    8,244 sqft 0.37 AC lot
    View details
    9301 Elm Vis Dr
    APARTMENT HOUSE (5+ UNITS)

    9301 Elm Vis Dr, Downey, CA 90242-2900

    $1,520,000
    Estimated value
    11,686 sqft 0.48 AC lot
    View details
    10525 Downey Ave
    APARTMENT HOUSE (5+ UNITS)

    10525 Downey Ave, Downey, CA 90241-2531

    Value Estimation by Request
    6,156 sqft 0.19 AC lot
    View details
    12541 Old Riv School Rd
    APARTMENT HOUSE (5+ UNITS)

    12541 Old Riv School Rd, Downey, CA 90242-3372

    $300,000
    Estimated value
    11,988 sqft 0.35 AC lot
    View details
    9007 Muller St
    APARTMENT HOUSE (5+ UNITS)

    9007 Muller St, Downey, CA 90241-2841

    $990,000
    Estimated value
    5,484 sqft 0.17 AC lot
    View details
    8429 Imperial Hwy
    APARTMENT HOUSE (5+ UNITS)

    8429 Imperial Hwy, Downey, CA 90242-3881

    Value Estimation by Request
    5,536 sqft 0.17 AC lot
    View details
    8435 Imperial Hwy
    APARTMENT HOUSE (5+ UNITS)

    8435 Imperial Hwy, Downey, CA 90242-3882

    Value Estimation by Request
    5,536 sqft 0.17 AC lot
    View details
    8439 Imperial Hwy
    APARTMENT HOUSE (5+ UNITS)

    8439 Imperial Hwy, Downey, CA 90242-3883

    Value Estimation by Request
    5,536 sqft 0.17 AC lot
    View details
    12535 Brookshire Ave
    APARTMENT HOUSE (5+ UNITS)

    12535 Brookshire Ave, Downey, CA 90242-3868

    Value Estimation by Request
    5,536 sqft 0.21 AC lot
    View details
    12567 Brookshire Ave
    APARTMENT HOUSE (5+ UNITS)

    12567 Brookshire Ave, Downey, CA 90242-3880

    Value Estimation by Request
    8,278 sqft 0.24 AC lot
    View details
    12559 Brookshire Ave
    APARTMENT HOUSE (5+ UNITS)

    12559 Brookshire Ave, Downey, CA 90242-3876

    Value Estimation by Request
    8,278 sqft 0.24 AC lot
    View details
    12531 Brookshire Ave
    APARTMENT HOUSE (5+ UNITS)

    12531 Brookshire Ave, Downey, CA 90242-3866

    Value Estimation by Request
    8,278 sqft 0.24 AC lot
    View details
    12525 Brookshire Ave
    APARTMENT HOUSE (5+ UNITS)

    12525 Brookshire Ave, Downey, CA 90242-3864

    Value Estimation by Request
    8,278 sqft 0.25 AC lot
    View details
    12521 Brookshire Ave
    APARTMENT HOUSE (5+ UNITS)

    12521 Brookshire Ave, Downey, CA 90242-3862

    Value Estimation by Request
    8,278 sqft 0.25 AC lot
    View details
    12517 Brookshire Ave
    APARTMENT HOUSE (5+ UNITS)

    12517 Brookshire Ave, Downey, CA 90242-3809

    Value Estimation by Request
    8,278 sqft 0.26 AC lot
    View details
    12563 Brookshire Ave
    APARTMENT HOUSE (5+ UNITS)

    12563 Brookshire Ave, Downey, CA 90242-3878

    Value Estimation by Request
    8,278 sqft 0.24 AC lot
    View details
    12551 Brookshire Ave
    APARTMENT HOUSE (5+ UNITS)

    12551 Brookshire Ave, Downey, CA 90242-3874

    Value Estimation by Request
    8,278 sqft 0.24 AC lot
    View details
    12547 Brookshire Ave
    APARTMENT HOUSE (5+ UNITS)

    12547 Brookshire Ave, Downey, CA 90242-3872

    Value Estimation by Request
    8,278 sqft 0.24 AC lot
    View details
    12541 Brookshire Ave
    APARTMENT HOUSE (5+ UNITS)

    12541 Brookshire Ave, Downey, CA 90242-3870

    Value Estimation by Request
    8,278 sqft 0.24 AC lot
    View details
    11931 Lakewood Blvd
    APARTMENT HOUSE (5+ UNITS)

    11931 Lakewood Blvd, Downey, CA 90241-5428

    Value Estimation by Request
    8,988 sqft 0.31 AC lot
    View details
    11921 Lakewood Blvd
    APARTMENT HOUSE (5+ UNITS)

    11921 Lakewood Blvd, Downey, CA 90241-5427

    Value Estimation by Request
    9,936 sqft 0.31 AC lot
    View details

    Downey, CA Apartment Buildings Market Trends and Statistics

    Explore 72 apartment buildings for sale in Downey, CA on our real estate platform.

    Sale prices for two-family homes in Downey, CA average $3,550,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 112K
    Population Growth (5Y) -1.3%
    Median Household Income $89,505
    College Educated 25.8%

    High-Yield Neighborhoods for Investment

    Identify Downey submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    90241 $3.6M

    Taxes & Financing

    Tax Rate (average for all types) 1.17%
    Property Tax per SF $11.37 per SF
    Tax Rate vs County Average 0.03 pp below county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Los Angeles County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Los Angeles County

    Residential Income

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