11221 Pangborn Avenue, Downey, CA 90241
Local realty services provided by:ERA North Orange County Real Estate
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, each approximately 800 sq. ft., 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 fr
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Home facts
- Year built:1963
- Listing ID #:DW25196163
- Added:1 day(s) ago
- Updated:September 02, 2025 at 05:04 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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