About this home

Rare offering in the city of Downey from long term owner. This well located 6 unit property features all 2 and 3 bedroom units. There are currently 2 vacant units, allowing an investor the ability to choose their own tenants and rent for market pricing. The available vacant units include a ground level updated 2Br + 2Ba unit and a 2nd floor fully remodeled 3Br + 1.5Ba unit with granite countertops, stainless steel appliances, ceiling fans, and new flooring. The property offers convenient rear alley access and 5 on-site parking spaces, including 2 garages, 2 tandem spaces, and 1 handicap space. There is a central hot water heater, some copper plumbing, and multiple remodeled units. The roof over the carport was redone in 2022. Ideally situated directly across from Williams Elementary School and near the intersection of Firestone and Old River School Road, the property offers convenient destinations including El Paseo South Gate, The Home Depot, LA Fitness, Chik Fil A, Sams Club, Curacao, Norms, Rio Hondo Golf Club, Porto's, In-N-Out, BJ's, Kaiser, Walmart, Benihana, and more.

Facts and features

Schools

• Williams Elementary School

  elementary · K-3 · 0.2 mi

  9

• Stauffer Middle School

  middle · 6-8 · 0.6 mi

  6

• Warren High School

  high · 9-12 · 0.8 mi

  7

• Montessori Children's Academy

  elementary · K-6 · 0.2 mi

• Old River Elementary School

  elementary · 4-5 · 0.7 mi

  6

• Sundance Academy

  elementary · 1-12 · 0.6 mi

Price history

• Oct 28, 2026 · Listed$1,700,000
• Oct 1, 2016 · Listing Removed—
• Sep 24, 2016 · Price Changed For Rent—
• Sep 22, 2016 · Listed For Rent$1,750
• Jul 7, 1966 · Sold$30,000

Tax history

• 2025$3,190 tax · $113,721 assessed
• 2024$3,098 tax · $111,492 assessed
• 2023$3,037 tax · $107,165 assessed
• 2022$2,947 tax · $105,065 assessed
• 2021$2,753 tax · $103,005 assessed
• 2020$2,729 tax · $101,950 assessed
• 2019$2,714 tax · $99,952 assessed
• 2018$2,564 tax · $97,993 assessed

Home value

$745,711

• Quantarium$745,711

Where it is