Apartment Acquisitions · Downey
Sell Your Commercial Property In Downey, CA
Own a commercial apartment building of five or more units in Downey? We purchase multifamily properties around Downtown Downey, Norwalk, and the rest of Los Angeles County, and we review every deal against a clear buy box.
- Clear feedback on your deal, typically within 48 hours
- 5 to 100+ units, stabilized or distressed, listed or off-market
- Owners, agents, and brokers welcome — every conversation is confidential
We buy:Tired landlordsEstate & trust sales1031 exchangesDeferred maintenanceHigh vacancyPartnership splits
Where We Look: Downtown Downey · Norwalk · Bellflower · Pico Rivera — Los Angeles County, CA
Local Demand
Our View On Downey
Downey, CA is a Los Angeles County city of 110,939 residents, where renters hold 48.9% of homes and median gross rent runs $1,937 a month under ACS 2020-2024. Owners who want to sell commercial property in Downey, CA should weigh that rent level against Los Angeles County’s documentary transfer tax of $1.10 per $1,000 and the statewide rent-increase cap. Median household income is $90,699. This profile pulls Census, HUD and county figures so an owner can see what buyers will underwrite in Downey.
Kaiser Permanente Downey Medical Center
California's hospital data agency HCAI lists Kaiser Foundation Hospital Downey at 424 beds, 9333 Imperial Highway.Rancho Los Amigos Rehabilitation Center
HCAI lists this Downey rehabilitation hospital at 158 beds, 7601 East Imperial Highway.Downey Landing retail center
Downey's specific plan permits up to 410,000 square feet of retail on the former Rockwell and Boeing aerospace site.Our Buy Box
What We Buy In Downey
Asset Type
Multifamily, 5+ Units
Apartment buildings and income-producing residential.
Size
5 – 100+ Units
Sweet spot: 15–25 units.
Condition
Stabilized To Distressed
Value-add, mismanaged, and high-vacancy properties welcome.
Deal Types
Listed Or Off-Market
Direct-to-owner, pocket listings, portfolios.
Local Market Data
Downey Apartment Market
Figures gathered October 2026 from public market data.
Who rents in Downey
Renters hold 48.9% of Downey homes, about 17,069 households, under ACS 2020-2024, per Census table B25003. Buildings with 5 or more units make up 31.4% of Downey housing, about 11,288 homes, per table B25024. Downey’s median year built is 1959, and 82.9% of homes predate 1980, per table B25034.
Rents and affordability in Downey
Downey’s median gross rent is $1,937 a month under ACS 2020-2024, per Census table B25064, just below Los Angeles County’s $1,954. Of Downey renters, 55.7% pay 30% or more of income on rent, per table B25070, above the county’s 54.8%. Owners who sell multifamily property in Downey can weigh these local figures against HUD’s FY2027 numbers for the Los Angeles-Long Beach-Glendale, CA HUD Metro FMR Area.
| HUD FY2027 FMR | Monthly rent |
|---|---|
| Efficiency | $2,151 |
| One-bedroom | $2,402 |
| Two-bedroom | $2,964 |
| Three-bedroom | $3,760 |
| Four-bedroom | $4,208 |
Property taxes in Los Angeles County
On a $2,000,000 assessed value, California’s 1% base rate under Proposition 13 is $20,000 a year, per the State Board of Equalization. Voter-approved bond debt in Downey’s tax rate area adds to this figure and was not verified here. Owners who sell commercial property in Downey, CA also pay Los Angeles County’s documentary transfer tax of $1.10 per $1,000, or $2,200 on $2,000,000, per the County Recorder. Downey is not among the five Los Angeles County cities with a separate city rate.
Landlord rules in Downey
Anyone selling commercial property in Downey should note the security deposit cap of one month’s rent, or two months for small owners, returnable within 21 calendar days, under Civil Code 1950.5. A nonpayment notice gives three days, excluding weekends and judicial holidays, under Code of Civil Procedure 1161.
Annual rent increases are capped at 5% plus the cost-of-living change, up to 10%, through January 1, 2030, under Civil Code 1947.12, and just cause is required after 12 months under Civil Code 1946.2. Owners who plan to sell commercial real estate in Downey, CA should keep leases and rent rolls current with these limits.
What it means for a Downey owner
Skyline Capital Investments buys apartment buildings with 5 or more units, a category covering about 11,288 Downey homes. Owners ready to sell commercial property in Downey, CA can model value with the cap rate calculator.
To sell your apartment building in Downey directly, start at Sell My Apartment Building.
Seller Notes
Downey Seller Checklist
More about selling in California →Investing in Downey? See apartment syndications in Downey →
- Downey is not among the five Los Angeles County cities with a separate municipal transfer tax rate.
- Owners who sell commercial real estate in Downey, CA face a county transfer tax of $1.10 per $1,000.
- Rancho Los Amigos National Rehabilitation Center reports 158 beds under California's hospital data agency HCAI.
Seller Guides
Selling A Building In Downey
Learn More
Taxes & Rules For Downey Property
The California rules that shape any deal in Downey: what a sale costs in tax, how buildings are taxed, what landlords must follow, and how to defer gains.
Downey Seller FAQ
How do I sell commercial property in Downey, CA?
Start by comparing your rent roll with Downey's ACS 2020-2024 median rent of $1,937 a month. Skyline Capital Investments buys apartment buildings with 5 or more units, a category covering about 11,288 Downey homes, or 31.4% of the city's housing.
What does it take to sell commercial real estate in Downey, CA?
Expect Los Angeles County's documentary transfer tax of $1.10 per $1,000, or $2,200 on a $2,000,000 sale, collected at recording. The county Recorder lists special city rates for only five cities, and Downey is not among them.
What is the average rent in Downey, CA?
Downey's median gross rent is $1,937 a month under ACS 2020-2024, just below Los Angeles County's $1,954. Of Downey renters, 55.7% pay 30% or more of income on rent, above the county's 54.8%. Median household income is $90,699.
Which state rent rules apply to Downey apartments?
Civil Code 1947.12 limits annual increases to 5% plus the cost-of-living change, capped at 10%, through January 1, 2030. Civil Code 1946.2 requires just cause after 12 months of occupancy, and Civil Code 1950.5 caps deposits at one month's rent.
How much of Downey housing is in larger apartment buildings?
Buildings with 5 or more units make up 31.4% of Downey housing, about 11,288 homes, under ACS 2020-2024. That stock is older too, since 82.9% of Downey homes were built before 1980 and the median year built is 1959.
What if my Downey building has vacancies or deferred maintenance?
That is often where we add the most value. We buy buildings that need renovation, new management, or lease-up, and we account for that in our offer.
How does a sale to you work in Los Angeles County?
Send the address, unit count, and any financials. We give feedback, then a written letter of intent if it fits, followed by diligence and a closing date that works for you.
Who buys occupied rental property in Downey?
We do. Skyline Capital Investments is a commercial real estate buyer of 5+ unit multifamily, and we buy apartment buildings with tenants in place, including properties with below-market rents.
What do I need to sell my apartment building in Downey?
An address and unit count are enough to start. A current rent roll and trailing twelve-month statement let us move to a written offer faster.
Submit A Deal
Tell Us About Your Property In Downey
Send the address, unit count, and asking price if you have one. We keep every conversation confidential.
