Date
Details
Price
Change
Source
1/30/2026
Listed
$4,200,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$4,200,000
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Property Description
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.
Full Property Details
Full Property Details for 10538 La Reina
General
- Price: $4,200,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: DW26022658
- Updated: 4/4/2026
- Days on Market: 40 days
- Added to Site: 64 day(s) ago
Interior
- Rooms/Areas: Laundry, Multi-Level Bedroom, Kitchen, Living Room
- Interior Features: Quartz Counters, Open Floorplan
- Fireplace(s): None
- Appliances: Disposal, Microwave, Refrigerator, Tankless Water Heater, Water Line to Refrigerator, Dishwasher, Gas & Electric Range
- Flooring: Tile, Laminate
Rooms
Other Rooms
- Laundry: Gas & Electric Dryer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Garage Spaces: 8
- Parking Features: Garage, Garage Door Opener
- Parking: Garage, Garage Door Opener
Location
- Area: D2 - Northwest Downey, N of Firestone, W of Downey
- County: Los Angeles
- Development Name: D2 - Northwest Downey, N of Firestone, W of Downey
- Driving Directions: Between Firestone & Florence
- Direction Faces: West
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Sewer Paid, Public Sewer
- Water: Public
- # Water Meters: 5
- # Gas Meters: 5
- # Electric Meters: 5
Structural Information
- Windows: Double-Pane Windows
- Entry Location: Front
- Stories/Levels: Three Or More
- Stories Description: Three Or More
- Square Feet: 7,551
- Year Built: 2026
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 4
- Bedrooms: 4
Unit 2
- Number of Units: 1
- Total Bathrooms: 4
- Bedrooms: 4
Unit 3
- Number of Units: 1
- Total Bathrooms: 4
- Bedrooms: 4
Unit 4
- Number of Units: 1
- Total Bathrooms: 4
- Bedrooms: 4
Unit 5
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Property View: Neighborhood
- Lot Size (Acres): 0.2073
- Lot Size (Sq. Ft.): 9,028
- Lot Size Source: Assessor
- Lot Description: Rectangular Lot, 0-1 Unit/Acre, Sprinklers Timer
Financial Considerations
- Price Per Sq. Ft.: $556.22
- Price Per Unit: 840000
Listed by Century 21 A Better Service, Chris Limon
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 10538 La Reina —
Chris Limon
Century 21 A Better Service
562-244-8211
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 10538 La Reina
School District:Downey Unified School District
| Name | Grades | Distance |
|---|---|---|
Rio Hondo Elementary School, Downey, CA 7731 Muller Street, Downey, CA 90241 | K-5 | 0.6 mi |
Griffiths Middle School 9633 Tweedy Lane, Downey, CA 90240 | 6-8 | 0.8 mi |
Warren High School 8141 De Palma Street, Downey, CA 90241 | 9-12 | 1 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 10538 La Reina
Tax History
Tax History for 10538 La Reina
Year
Property Taxes
Change
Tax Assessment
Change
2024
$13,391
100%
$1,085,280
2%
2024
$6,696
-44%
$1,064,000
10%
2023
$11,981
5%
$969,000
2%
2022
$11,373
130%
$950,000
145%
2021
$4,948
1%
$387,559
1%
2020
$4,875
1%
$383,586
2%
2019
$4,825
5%
$376,065
2%
2018
$4,582
2%
$368,692
2%
2017
$4,504
1%
$361,464
2%
2016
$4,445
1%
$354,377
2%
2015
$4,383
6%
$349,055
2%
2014
$4,142
2%
$342,218
—
2013
$4,043
—
$340,672
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 10538 La Reina
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- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 1,461Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 1,122Sq. Ft.
- Townhouse
- Active
- Updated 4 days ago
- 3Beds
- 3Total Baths
- 1,162Sq. Ft.
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- Warehouse
- Active
- Updated 3 days ago
- 27,000Sq. Ft.
- 0.96Acres
- Townhouse
- Active
- Updated 16 hours ago
- 4Beds
- 4Total Baths
- 1,706Sq. Ft.
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10538 La Reina, Downey, CA 90241 (MLS# DW26022658) is a Multi-Family property with 5 units containing 0 bedrooms and 0 full bathrooms. 10538 La Reina is currently listed for $4,200,000 and was received on January 30, 2026. Want to learn more about 10538 La Reina? Do you have questions about finding other Multi-Family real estate for sale in Downey? You can browse all Downey real estate or contact a Coldwell Banker agent to request more information.