10516 – 10522 Arrington Avenue are two side-by-side 4-unit multifamily properties located in Downey, California. Situated on separate parcels, the offering provides investors with the opportunity to acquire 8 contiguous units while preserving the flexibility associated with two individual 4-unit properties. Each property is identically configured with 2 one-bed/one-bath units and 2 two-bed/one-bath units, creating a balanced unit mix that appeals to a broad tenant base. Originally constructed in 1955, the properties contain a combined 6,512 rentable square feet on approximately 0.34 acres. Residents benefit from on-site laundry, 8 carport spaces, 2 surface parking spaces, and practical features such as screen doors. Ownership has completed meaningful capital improvements that help strengthen the properties’ long-term operations. The roofs were replaced in 2021, and both the main electrical service and subpanels have been upgraded, a particularly important consideration in today’s California insurance environment. The offering presents investors with a well-maintained, income-producing asset featuring recent system improvements, a proven unit mix, and the unique opportunity to acquire two side-by-side 4-unit properties in a market where multifamily assets of this size rarely become available as a contiguous offering.
AGENT: Tyler Leeson LISTING BROKERAGE: Marcus & Millichap RE Invest
Courtesy of Marcus & Millichap RE Invest. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 10522 Arrington AV
Downey, CA
Property Details
Price:
$2,390,000
MLS #:
OC26121852
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
d1northeastdowneynoffirestoneeofdowney
Listed Date:
Jun 4, 2026
Total Sq Ft:
6,512
Lot Size:
14,810 sqft / 0.34 acres (approx)
Year Built:
1955
D1 – Northeast Downey, N Of Firestone, E Of DowneyD1northeastdowneynoffirestoneeofdowney
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Schools
Interior
Laundry Features
CM
Levels
U
Exterior
Common Walls
NCW
Community Features
SDW, SL, CRB, CW
Parking Spots
10
Parking Total
10
Financial
Gross Operating Income
$162,203
Maintenance Fee
$6,000
Net Operating Income
$103,066
Map
Community
- Address10522 Arrington AV Downey CA
- CityDowney
- CountyLos Angeles
- Zip Code90241
