11221 Pangborn Ave, Downey, CA 90241 | Off-Market

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  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 5,931 Sq Ft
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Description

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. With 3,218 sq. ft. of total living space on a 5,931 sq. ft. lot, this property combines comfort with function while still leaving room for future rent growth. The location is unbeatable, this established Downey neighborhood is clean, well-connected, and highly sought after. Residents enjoy being within walking distance to shops, restaurants, and local parks, while also benefiting from easy access to major freeways. It’s the ideal balance of convenience and community, ensuring strong demand and long-term stability. Don’t miss this investment opportunity! With its blend of recent upgrades, income potential, and prime location, this four-unit property offers the best of Downey living, whether you’re expanding your portfolio or stepping into multifamily ownership for the first time. ALL UNITS ARE TENANT OCCUPIED. Drive by only, please don’t disturb tenants.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $1,400,000
Property Type Fourplex (4-units)
Usable Sqft Unknown
Number of Stories 2 stories
Parking Spots 0 spots
Year Built 1963
Last Sold Unknown
Sold Price Unknown
APN # 6284003016
MLS # DW25276595
Property ID 322453798
Lot Sqft 5,931
Zoning Unknown
Total Units 4
Date Updated December 23, 2025
Date Created December 16, 2025

Listing Provided By

Edgar Cortez an agent of . Lic #01270740


© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of December 23, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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