9367 Washburn Rd , Downey, CA 90242
$2,925,000
Est. Payment: $15,177.20/mo
21 Bed
11 Bath
8186 Sqft
0.47 Acres
Status: active | Days on site: 15
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51247 - CV33418
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House Description

Just Listed! Exceptional opportunity to acquire a 10-unit multifamily property in the highly desirable city of Downey, offered for sale by the original builder for the first time since its construction in 1977. Priced at $2,925,000, this investment delivers an attractive 6.21% current CAP Rate and 11.48 GRM, providing investors with strong day-one cash flow in one of Southeast Los Angeles County's most sought-after rental markets. Built in 1977, the property features an excellent unit mix consisting of one 3-Bedroom/2-Bath unit and nine 2-Bedroom/1-Bath units, offering spacious floor plans that appeal to discerning renters seeking comfortable living accommodations. The property encompasses approximately 8,186 rentable square feet on a generous 20,544 sq. ft. lot, providing ample space for parking and resident amenities. Tenants enjoy onsite garage, carport, and open-space parking, along with a convenient onsite laundry facility. Additional property features include copper plumbing and air conditioning in all units, amenities that enhance the property's overall appeal and distinguish it from many competing apartment communities. Ideally situated just minutes from Downey Landing and the Promenade at Downey, residents benefit from convenient access to popular shopping, dining, entertainment, and everyday necessities. Combining 1977 construction, a desirable unit mix, strong current financial performance, and an excellent Downey location, this pride-of-ownership property presents a rare opportunity to acquire a well-established multifamily asset directly from its original builder.

Highlights

Listed by Kristopher German , 626-427-0786 RE/MAX 2000 REALTY , 626-956-0188. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.47

Year Built

1977

County

Los Angeles

Area

D1 - Northeast Downey, N of Firestone, E of Downey

Listing ID

CV26222100

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:21
  • ▪ Bathrooms:11
Air Cond:Ductless,Wall/Window Unit(s)
Fireplaces:
Water:Public

Exterior Features

Lot:0-1 Unit/Acre,No Land Lease
Garage Capacity:20
Zoning:DOR3*
Roof:Shingle
Others:
  • ▪ Additional:2+ Total Units
Sewer:Public Sewer
Parking Features:Carport,Garage,Paved,One Space
Principal Interest
$15,177
Taxes
$1,865

Home Price

$2,925,000

Loan Details

30 yrs
6.75%

Down Payment

20%
$585,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$15,177.20

Principal

Taxes

Principal Taxes HOA Total
Monthly $15,177.20 $1,864.69 $0.00 $17,041.88
Yearly $182,126.35 $22,376.25 $0.00 $204,502.60
Total $5,463,790.37 $671,287.50 $0.00 $6,135,077.87

Today's Rates

30 Year

6.75%

20 Year

6.86%

15 Year

6.24%

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Market insight data is pulled from the same city as the listing being viewed (Downey, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-11-07T21:34:20.000Z

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