CA > Downey
Downey, CA 90241,11221 Pangborn Avenue
Downey, CA 90241,11221 Pangborn Avenue
Downey, CA 90241,11221 Pangborn Avenue
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$2,000,000
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5 Beds
5 Baths
New

11221 Pangborn Avenue Downey, CA 90241

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Richard Combs

Richard Combs

+1(619) 838-9307

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25196163

Bedrooms 5

Property Sub-Type Res Income 2-4 Units

Property Description

A rare multifamily that checks every box. This four-unit apartment complex, tucked into one of Downeys 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, youll 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 youll 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 from the others, or for an investor to lease it at full market value. 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, w

Location

State CA

County Los Angeles

Zoning Assessor

Direction South of Firestone, East of Woodruff

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 6284003016

MLS Router / San Diego MLS
Listed by Edgar Cortez M C Funding Inc.

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agent

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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11221 Pangborn Avenue

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