10516-10522 Arrington Avenue, Downey, CA 90241

  • $2,390,000
10516-10522 Arrington Avenue
ResidentialIncome Active
10516-10522 Arrington Avenue, Downey, CA 90241
10516-10522 Arrington Avenue
  • $2,390,000

Overview

Property ID: HZOC26121852
  • Apartment
  • Property Type
  • 0
  • Garage
  • 1955
  • Year Built

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 strengthen 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.

  • Address Arrington
  • City Downey
  • State/county Los Angeles
  • Zip/Postal Code 90241

Details

Updated on June 5, 2026 at 11:06 am
  • Property ID: HZOC26121852
  • Price: $2,390,000
  • Garage: 0
  • Year Built: 1955
  • Property Type: Apartment
  • Property Status: ResidentialIncome
  • Listed by: Tyler Leeson
  • DRE #: 01451551
  • Contact Mail: tleeson@marcusmillichap.com
  • Brokered by: Marcus & Millichap RE Invest

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