Home | Los Angeles County | Downey | 90242 | 9367 Washburn Rd
MLS: CRCV26222100 | Status: | Price: $2,925,000
Beds/Baths: – / –
Property Type: Residential Income
| Beds | Baths | Sq Ft | Sq Ft Lot | Yr Built |
|---|---|---|---|---|
| – | – | – | 20,544 | 1977 |
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% 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,
| Field | Value |
|---|---|
| MLS # | CRCV26222100 |
| MLS Source | California Regional MLS |
| Days on Site | 2 |
| Feature | Details |
|---|---|
| Kitchen | None |
| Cooling | Window/Wall Unit |
| Feature | Details |
|---|---|
| Roof | Shingle |
| Feature | Details |
|---|---|
| Garage/Parking | Carport, Garage, Other, Parking Area, Garage: 9 Car(s) |
| HOA Fee | $0 |
Kristopher German
RE/MAX 2000 REALTY
License #: 01800021
Phone: (626) 427-0786
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 10 | – |
School data provided by GreatSchools.org
| School | Type | Grades | Distance | Rating |
|---|---|---|---|---|
| Gauldin Elementary School | public | K-5 | 0.29 mi | 6 |
| Woodruff Academy | public | 7-12 | 0.43 mi | N/A |
| Columbus (Christopher) High | public | 9-12 | 0.43 mi | 2 |
| Downey Adult | public | UG | 0.45 mi | N/A |
| Nidorf, Barry J. Juvenile Hall | public | 6-12 | 0.72 mi | N/A |
| Kirby, Dorothy Camp School | public | 7-12 | 0.72 mi | 2 |
| Los Angeles County Rop School | public | 9-12 | 0.73 mi | N/A |
| Alameda Elementary School | public | K-5 | 0.79 mi | 6 |
| Lewis Elementary School | public | K-5 | 0.97 mi | 6 |
| Sussman Middle School | public | 6-8 | 1.01 mi | 6 |
| Downey High School | public | 9-12 | 1.03 mi | 6 |
| Rio San Gabriel Elementary School | public | K-5 | 1.04 mi | 5 |
| Carpenter Elementary School | public | K-4 | 1.19 mi | 7 |
| Studebaker Elementary School | public | K-5 | 1.20 mi | 8 |
| Ward Elementary School | public | K-5 | 1.32 mi | 7 |
| Doty Middle School | public | 6-8 | 1.33 mi | 7 |
| Warren High School | public | 9-12 | 1.37 mi | 7 |
| Lakeside Middle School | public | 6-8 | 1.40 mi | 7 |
| Downey Unified Virtual Academy at Lynn L. Pace Edu | public | 7,8,9,10 | 1.45 mi | N/A |
| Imperial Elementary School | public | K-3 | 1.53 mi | 7 |
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This listing information is up-to-date as of October 13, 2026. For the most current information, please contact Kristopher German, (626) 427-0786.