The median home value in Downey, CA is $842,500.
This is
higher than
the county median home value of $790,000.
The national median home value is $308,980.
The average price of homes sold in Downey, CA is $842,500.
Approximately 48% of Downey homes are owned,
compared to 48% rented, while
4% are vacant.
Downey real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Downey real estate agent to arrange a tour today! Learn more about Downey.
An excellent opportunity to acquire a 16-unit multifamily building in Downey, CA. Located at 7375-7385 Emily Ln, this multifamily asset was built in 1958. It offers twelve 1 bed, 1 bath units and four 2 bed, 1 bath units. Residents of the property enjoy gated off-street parking, as well as a central courtyard and two on-site laundry rooms. The buildings boast a total of 10,200 gross rentable square feet spread across two separate parcels with aggregate lot square footage of 15,034. The property is within walking distance of restaurants on Imperial Hwy, the Rancho Los Amigos National Rehabilitation Center and Los Amigos Golf Course. With more than 50% upside potential in rental income, it is the perfect opportunity for an investor to add value and achieve an exceptional return.
La Villa Hermosa features a gated private 15 Units building with 8= 1bd 1bth 6= 2bd 1bth 1= 3bth 2bth All units are spacious, the property has it's own Community Laundry area and storage room, NEW ROOF, NEW DUAL PANEL WINDOWS, AS OF MAY 2024 MORE INCOME!! 3 units are upgraded with laminated wood floors new kitchen cabinets and paint, there are a total of 26 total parking spaces of which 4 garages and 2 parking spaces are bringing additional monthly income. This Building is located walking distance to Stonewood Mall, Downey landing, Promenade, Kaiser Permanente, Cinemark and lots of surrounding restaurants to choose from, for the convenience of the tenants there is also easy access to the surrounding Fwy's.
