12143 Downey Avenue, Downey, CA — listing photo 1
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FOR SALE

12143 Downey Avenue

Downey, CA 90242
10,132 Lot Sq Ft
Built 1965
$3,450,000
Price ReducedWas $4,200,000 — $3,450,000 (-$750,000)

Property Overview

Prime Investment Opportunity, these unique buildings are located in one of the desirable areas in Downey. Featuring 8 Units -2 front units are townhouse style with 2 bedrooms 1.5 bathrooms and each one with a 2 car spacious garage 4 additional units with 2 bedrooms 1 bathrooms each one with a detached 2 car carport. Plus 2 additional 1 bedrooms 1 bathrooms units each with a 2 car carport parking, there is total of 12 parking spaces with Great potential to add ADU's. All Units are spacious with great tenants, 2 community laundry rooms and lots of space in the back. The 2 buildings are freshly painted with New Electrical, New Dual Panel Windows, New Water Heaters in each laundry room, new circulating pumps and New Blinds in each units. 5 of the 8 units have been fully upgraded with a new kitchen, bathroom and flooring. Projected GSI is $256,800.00. Close to Downey Promenade, Downey Landing, Restaurants, Lots of Entertainment, 5mins away from PIH Hospital and Kaiser Permanente, 20mins to Sofi Stadium, The Forum, Intuit Dome, Disneyland, DTLA and much more! access to 605, 105, 710 FWY's.

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Home Details

Property type
Residential Income - Apartment
Year built
1965
Lot size
10,132 sq ft
Parking
12 spaces
Garage
2 spaces
Carport
8 spaces
Stories
2
Days on market
270
MLS status
Active

Features & Amenities

Parking

  • Carport
  • Detached Carport
  • Garage

Pool

  • None

Lot

  • Walkstreet

Community, Schools & Utilities

Community

View
None

Utilities

Heating
Central
Cooling
CentralAir
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

12143 Downey Avenue

Downey, CA 90242

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Frequently Asked Questions About 12143 Downey Avenue

Property type: Residential Income

The current asking price is $3,450,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 12143 Downey Avenue. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1965. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Downey, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Downey property.
The MLS currently reports the property as Active. It has been listed for 270 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Crown Coastal Support Team

Direct support from our real estate team

No obligation. Your inquiry goes directly to the Crown Coastal team.

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Reza Barghlameno

eXp of California

Call: +1 (858) 305-4362
Email: contact@crowncoastalhomes.com

Listing Agent

Name: Maria Menjivar
MLS ID: YVAREMAR

Available property

$3,450,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.