Listing provided courtesy of Edgar Cortez of M C Funding Inc.. Last updated . Listing information © 2025 Sandicor.

Asking Price: $2,000,000 | Active​​​​​​​

11221 Pangborn Avenue, Downey CA 90241

Community: ​


This ResidentialIncome property was built in and is priced at $2,000,000. Please see the additional details below.
  • 0 Sq Ft
  • 5 bathrooms
  • 5 bedrooms
  • MLS#: 306532528
  • Type: ResidentialIncome
  • Year Built:
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, 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, well-connected, and highly sought

Call or Email The Koop Group now to inquire about this property

619.985.8722