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Stunning New Construction Multifamily Opportunity in Prime Downey Location! Welcome to 10538 La Reina Ave, Downey, CA, a rare brand-new construction multifamily property offering exceptional income potential and modern design throughout. This impressive property features five total units, including a newly built ADU situated at the rear, making it an ideal asset for investors or owner-users seeking strong cash flow. The main building consists of four spacious units, each thoughtfully designed with 4 bedrooms and 3.5 bathrooms, delivering highly desirable layouts for today's renters. The detached ADU offers 2 bedrooms and 1 bathroom, perfect for additional rental income or flexible living options. Each unit showcases contemporary finishes, open floor plans, and quality craftsmanship, reflecting the benefits of new construction with minimal maintenance concerns. Located in a desirable Downey neighborhood close to shopping, dining, schools, and major freeways, this property offers both convenience and long-term value. Offered at $4,200,000, this is a premier opportunity to acquire a turnkey, high-density multifamily investment in a strong rental market.
| DAYS ON MARKET | 57 | LAST UPDATED | 3/26/2026 |
|---|---|---|---|
| YEAR BUILT | 2026 | COMMUNITY | D2 - Northwest Downey, N of Firestone, W of Downey |
| GARAGE SPACES | 8.0 | COUNTY | Los Angeles |
| STATUS | Active | PROPERTY TYPE(S) | Residential Income |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Electric Range, Gas Range, Microwave, Refrigerator, Tankless Water Heater |
| AREA | D2 - Northwest Downey, N of Firestone, W of Downey |
| GARAGE | Yes |
| HEAT | Central |
| INTERIOR | Open Floorplan |
| LOT | 9030 sq ft |
| LOT DESCRIPTION | Rectangular Lot |
| LOT DIMENSIONS | 9028 |
| PARKING | Garage, Garage Door Opener |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 3+ |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available |
| VIEW | Yes |
| VIEW DESCRIPTION | Neighborhood |
| WATER | Public |
TOTAL MONTHLY PAYMENT
| SATELLITE VIEW |
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 3/28/26 3:55 AM PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
This IDX solution is (c) Diverse Solutions 2026.