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.
MLS #
CRDW26022658
MLS Source
California Regional MLS
Days on Site
2
Appliances
Dishwasher, Garbage Disposal, Microwave, Oven Range - Gas
Flooring
Laminate
Cooling
Central Forced Air
Heating
Central Forced Air
Garage/Parking
Garage, Gate/Door Opener, Garage: 8 Car(s)
Water
Other
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 3 | 0 | – |
10538 La Reina is a Residential Income in Downey, CA 90241. This – square foot property sits on a 9,028 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,200,000 and was built in 2026. This address can also be written as 10538 La Reina, Downey, CA 90241.
©2026 California Regional MLS. All rights reserved. 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. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
Presently MLSListings.com displays Active, Contingent, Pending, and Recently Sold listings. Recently Sold listings are properties which were sold within the last three years. After that period listings are no longer displayed in MLSListings.com. Pending listings are properties under contract and no longer available for sale. Contingent listings are properties where there is an accepted offer, and seller may be seeking back-up offers. Active listings are available for sale.
This listing information is up-to-date as of February 01, 2026. For the most current information, please contact Chris Limon, (562) 644-9834