11221 Pangborn Avenue, Downey, CA 90241
Local realty services provided by:ERA Excel Realty
11221 Pangborn Avenue,Downey, CA 90241
$2,000,000
- - Beds
- - Baths
- - sq. ft.
- Multi-family
- Active
Listed by:edgar cortez
Office:m c funding inc.
MLS#:DW25196163
Source:CAREIL
Price summary
- Price:$2,000,000
About this home
A rare multifamily that checks every box. This four-unit apartment complex, tucked into one of Downey’s most established neighborhoods, offers just that. This exclusive four-unit apartment building stands proudly on a tree-lined street, offering not only income-generating potential but also a place where tenants love to call home. Recently remodeled and enhanced with thoughtful updates, this property shines as both a turnkey option and a value-add investment for the savvy buyer. From the outside, you’ll immediately notice the new custom siding, fresh paint, upgraded windows, and a secure entry gate accented with a striking exterior chandelier, details that set the tone for a well-maintained and inviting complex. Step inside and you’ll find spacious apartments, thoughtfully upgraded with remodeled kitchens, modern flooring, fresh paint, and updated bathrooms. The building offers a total of three 1 Bed/1 Bath units and one larger 2 Bed/1.5 Bath unit, creating a flexible mix that appeals to a wide range of renters. Parking is never a challenge here, with six dedicated spaces including three carports and three additional parking spots. One unit is currently vacant, presenting the perfect chance for an owner-user to live on-site while collecting rent from the others, or for an investo
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Home facts
- Year built:1963
- Listing ID #:DW25196163
- Added:46 day(s) ago
- Updated:October 18, 2025 at 04:36 PM
Structure and exterior
- Year built:1963
- Lot area:0.14 Acres
Utilities
- Water:District - Public
Finances and disclosures
- Price:$2,000,000
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