REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Kristopher German, DRE #01800021 • RE/MAX 2000 REALTY
$ 2,925,000
Est. payment /mo
Active
9367 Washburn RD Downey, CA 90242
0.47 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRCV26222100
Year Built 1977
Lot Size 0.472 Acres
Source California Regional MLS
Property Description
Just Listed! Exceptional opportunity to acquire a 10-unit multifamily property in the highly desirable city of Downey, offered for sale by the original builder for the first time since its construction in 1977. Priced at $2,925,000, this investment delivers an attractive 6.21% current CAP Rate and 11.48 GRM, providing investors with strong day-one cash flow in one of Southeast Los Angeles County's most sought-after rental markets. Built in 1977, the property features an excellent unit mix consisting of one 3-Bedroom/2-Bath unit and nine 2-Bedroom/1-Bath units, offering spacious floor plans that appeal to discerning renters seeking comfortable living accommodations. The property encompasses approximately 8,186 rentable square feet on a generous 20,544 sq. ft. lot, providing ample space for parking and resident amenities. Tenants enjoy onsite garage, carport, and open-space parking, along with a convenient onsite laundry facility. Additional property features include copper plumbing and air conditioning in all units, amenities that enhance the property's overall appeal and distinguish it from many competing apartment communities. Ideally situated just minutes from Downey Landing and the Promenade at Downey, residents benefit from convenient access to popular shopping, dini
Location
State CA
County Los Angeles
Area D1 - Northeast Downey, N Of Firestone, E Of Downey
Rooms
Kitchen None
Interior
Cooling Window / Wall Unit
Laundry Laundry Area
Exterior
Parking Features Carport , Garage, Other, Parking Area
Garage Spaces 20.0
Pool 31, None
View None
Roof Type Shingle
Building
Water District - Public
Others
Tax ID 6284023023
Special Listing Condition Not Applicable
Copyright 2026 MLSListings Inc All rights reserved.
Nearby Locations