11221 Pangborn Avenue, Downey, CA 90241 (MLS # DW25276595)

Price	$1,400,000
Status	Active
Beds	5
Baths	5 Baths
Home size	n/a
Lot Size	5,933 sqft
Days on Market	1

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. 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. Its the ideal balance of convenience and community, ensuring strong demand and long-term stability. Dont 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 youre expanding your portfolio or stepping into multifamily ownership for the first time. All units are tenant occupied - Drive by only, please dont disturb tenants.

Property Type(s): Multi Family

Last Updated	12/16/2025	Year Built	0
County	Los Angeles

Additional Details

LOT	5933 sq ft
LOT DESCRIPTION	Cul-De-Sac
LOT DIMENSIONS	4,000-7,499 SF
STORIES	2

Listed with M C Funding Inc.

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Properties on this website was last updated as recently as 12/16/25 10:22 PM PST.

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