Fantastic investment opportunity with this great duplex on a large lot located in Downey! Two attached 2BD 1BA Units with detached 1 car garages for both. Selling "As Is" and out of state owners are not wanting to do repairs, and only offers of cash/conventional financing, no FHA. Front unit to be delivered vacant upon close of escrow. Month to month tenants, well maintained property, with plenty of room for growth. This property is ideal for investors or owner-occupants, and has great potential with value add-ons. Conveniently located in the South Downey area and near major freeways, shopping centers and restaurants, this is a solid opportunity to own an income-producing property in a high-demand area. Don't miss out!
FOUR DETACHED SINGLE-FAMILY RESIDENCES ON ONE PARCEL -- Rare opportunity to acquire four detached two-story single-family residences on one parcel in a desirable Downey location. Built in 1990 and situated on an expansive 20,000+ square-foot lot, the property consists of four detached homes with floor plans ranging from approximately 1,600 to 2,200 square feet. In total, 15 bedrooms, 12 baths between the four units, totaling 7,400 square feet. Each residence features an attached two-car garage, private entrance, and individual yard, offering residents the privacy and feel of single-family living. Owned by the same owner since 2003, the property has been maintained with periodic updates while presenting an opportunity for cosmetic enhancements and modernization. The property is offered under a single APN and includes the residences commonly known as 12725, 12727, 12729, and 12731. All four residences are currently occupied under month-to-month rental agreements. Current tenancies range from approximately four to more than twelve years, with three of the four tenancies extending approximately nine years or longer. Exceptional occupancy history, with Seller reporting approximately only one to two months of physical vacancy across the four residences during the past five years. Scheduled rent increases become effective September 20, 2026, and all tenants have indicated their intention to remain in occupancy following the increases. Conveniently located with easy access to major freeways, employment centers, shopping, dining, and everyday amenities, this is a rare multifamily investment featuring detached single-family-style homes, historically stable occupancy, consistent rental income, and favorable operating characteristics. INTERACTIVE URL FOR LARGEST UNIT 12731 OF 2,200 SQ FEET: https://unbranded.youriguide.com/12731_barlin_ave_downey_ca/ ALSO FLOOR PLAN OF 12727 and 12729 are mirror units of each other offering 1,800 SF each: https://unbranded.youriguide.com/ochvz_12729_barlin_ave_downey_ca/
Exceptional opportunity to own a newer construction duplex featuring two detached homes on one large lot in a prime location in Downey. Built in 1988, this well-maintained property offers approximately 4,264 sqft of living space situated on an expansive 12,016 sqft lot. The front unit features 5 bedrooms and 2 bathrooms, while the rear unit offers 2 bedrooms and 2 bathrooms, creating an ideal setup for owner-users, multigenerational living, or investors seeking strong rental potential. Each unit includes its own private 2-car garage, central air conditioning, and functional layouts designed for comfortable living. The oversized lot also provides ample parking and excellent utility, all conveniently located near shopping, dining, schools, and major freeway access. Rare opportunity to acquire a large income-producing property in a desirable Downey neighborhood.
Introducing Twin Palms at 7306-7312 Neo Street, a prime investment opportunity in Downey, CA. This ±10,524 SF building, constructed in 1957, comprises (16) immaculately renovated units, offering an attractive mix of 1, 2, and 3-bedroom layouts. With garage parking, copper plumbing, and SB721 compliance, Twin Palms provides investor peace of mind and a sought-after option in the vibrant Downey rental market. Notably, it is not subject to municipal rent control, adding further appeal. This property presents an excellent opportunity for a multifamily investor seeking a lucrative addition to their portfolio. Additionally, the property features a laundry facility, a charming courtyard, and is conveniently located in close proximity to major employment centers and freeways, enhancing its appeal as a valuable investment in the thriving Downey area.
In the a City that keeps on growing in value! Featuring 5 Units, each unit has 2 bedrooms 2 bathrooms, 5- 2-Car Garages there is a total of 10 parking spaces with Great potential to add ADU's. Community Laundry Room that brings additional income. 2 of the 5 units have been partially upgraded. Close to Restaurants, Movie Theaters at Downey Landing, Promenade and Stonewood Mall, 5 mins away from PIH Hospital and Kaiser Permanente, 20mins to Sofi Stadium, The Forum, Intuit Dome, Disneyland, DTLA and much more! easy access to 105, 710 and 605 Fwys.
La Villa Hermosa features a gated private 15 Units building with 8= 1bd 1bth 6= 2bd 1bth 1= 3bth 2bth All units are spacious, the property has it's own Community Laundry area that generates additional income, there is separate storage room next to the laundry room, As of 2025 the building has NEW ROOF, NEW RAINGUTTERS, NEW DUAL PANEL WINDOWS, NEW GAS LINE, A few units have been upgraded. There are a total of 26 total parking spaces of which 4 garages and 2 parking spaces are bringing additional monthly income, these parking spaces are large and have a great potential to convert to ADU's. The current GSI is $400,720.00 with room to increase in 2026, the Building is located across the street from Downey landing, Promenade, Cinemark and lots of surrounding restaurants to choose from, walking distance to Stonewood Mall, PIH Hospital and Kaiser Permanente, 20mins to Sofi Stadium, The Forum, Intuit Dome, Disneyland, DTLA and much more! easy access to the 605, 105, and 710Fwy's.
Prime Investment Opportunity, these unique buildings are located in one of the desirable areas in Downey. Featuring 8 Units -2 front units are townhouse style with 2 bedrooms 1.5 bathrooms and each one with a 2 car spacious garage 4 additional units with 2 bedrooms 1 bathrooms each one with a detached 2 car carport. Plus 2 additional 1 bedrooms 1 bathrooms units each with a 2 car carport parking, there is total of 12 parking spaces with Great potential to add ADU's. All Units are spacious with great tenants, 2 community laundry rooms and lots of space in the back. The 2 buildings are freshly painted with New Electrical, New Dual Panel Windows, New Water Heaters in each laundry room, new circulating pumps and New Blinds in each units. 5 of the 8 units have been fully upgraded with a new kitchen, bathroom and flooring. Projected GSI is $256,800.00. Close to Downey Promenade, Downey Landing, Restaurants, Lots of Entertainment, 5mins away from PIH Hospital and Kaiser Permanente, 20mins to Sofi Stadium, The Forum, Intuit Dome, Disneyland, DTLA and much more! access to 605, 105, 710 FWY's.
Downey is located in California. Downey, California has a population of 114,293. Downey is more family-centric than the surrounding county with 31.7% of the households containing married families with children. The county average for households married with children is 30.99%.
The median household income in Downey, California is $77,972. The median household income for the surrounding county is $76,367 compared to the national median of $69,021. The median age of people living in Downey is 35.9 years.
The average high temperature in July is 84.6 degrees, with an average low temperature in January of 46 degrees. The average rainfall is approximately 14.1 inches per year, with 0 inches of snow per year.
