$2,390,000
10516-10522 Arrington Avenue, Downey CA 90241
Multi-Family (8 Units)
Property type
1 day
On market
$367
Price per sqft
0 cars
Garage
1955
Year built
14,810 sqft
Lot size
Open Houses
Overview
10516 - 10522 Arrington Avenue are two side-by-side 4-unit multifamily properties located in Downey, California. Situated on separate parcels, the offering provides investors with the opportunity to acquire 8 contiguous units while preserving the flexibility associated with two individual 4-unit properties. Each property is identically configured with 2 one-bed/one-bath units...
Listing provided by: Tyler Leeson DRE #01451551 949-419-3326, Marcus & Millichap RE Invest
Listing updated: Jun 4, 2026 at 06:57pm.
Last checked: Jun 4, 2026 at 07:30pm
Source: CRMLS #OC26121852
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 4 | 1 | 1 | — | $6,840 | $6,840 | $7,980 | Unfurnished |
| 4 | 2 | 1 | — | $7,095 | $7,095 | $9,180 | Unfurnished |
# of Buildings: 2
# of Units Total: 8
Separate Electric Meters: 8
Separate Gas Meters: 8
Separate Water Meters: 1
Rent Control: No
Financial Snapshot
Gross Rent Multiplier
14.3x
List Price / Annual Gross Rent
Cap Rate
4.31%
NOI / List Price
Gross Scheduled Income: $167,220
Vacancy Allowance: $5,017
Vacancy Allowance Rate: 3%
Operating Expense: $60,600
Net Operating Income: $103,066
Annual Operating Expenses
Electric: $2,238
Fuel: $2,239
Insurance: $8,000
Maintenance: $6,000
New Taxes: $28,510
Professional Management: $0
Trash: $2,238
Water / Sewer: $2,238
Interior
Laundry: Common Area
Entry Location: First Level
Exterior
Property Attached: No
Stories Total: 2
Levels: Two
Common Walls: No Common Walls
Lot Features: Street Level
Pool: None
Water Source: Public
Sewer: Public Sewer
Garage and Parking
Garage Spaces: 0
Uncovered Spaces: 2
Carport Spaces: 8
Parking Total: 10
Lot Information
Land Lease: No
Common Interest: CommunityApartment
Parcel #: 6285022025
Additional Parcels: Yes
Tax Lot: 15
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs, Gutters, Street Lights, Sidewalks
Nearby Schools
Nearby schools around the 10516-10522 Arrington Avenue, Downey, CA 90241. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$1,912,000
Total Interest
$2,438,651
Total Payment
$4,350,651
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$14,725
per month
Property History for 10516-10522 Arrington Avenue
Downey Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90241.
Similar Homes
Listings with similar prices to 10516-10522 Arrington Avenue