10538 La Reina, Downey, CA 90241
Fourplex
Sold May 2026
Listing Agent: Chris Limon (DRE #01182471) · Listing Office: Century 21 A Better Service · Contact: 562-244-8211 · Bought with: Sandra Vazquez · Jesse Weinberg · MLS #DW26022658 · Source: CRMLS
How this sale compares
10538 La Reina sold for $3,945,000 in May 2026, 6.1% under its $4,200,000 list price, after 43 days on the market. Across 79 closed sales in 90241 over the last 12 months, the median sold price is $924,000 and the median is $572 per square foot.
| Quarter | Closed sales in 90241 | Median sold price |
|---|---|---|
| Q1 2026 | 8 | $892,500 |
| Q2 2026 | 35 | $961,000 |
| Q3 2026 | 29 | $975,000 |
| Q4 2026 | 7 | $700,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Downey · Homes for sale in 90241
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.
Listing description from the May 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 10538 La Reina
10531 Dolan: Sold $910,000 · 3 bd · 2 ba · 1,410 sqft · Apr 2026 · 0.2 mi
New Star Realty & Inv. | DRE #01406211
Buyer's agent: Silio Lazaro, Pacific & Co Real Estate Solut | DRE #0078306710618 Paramount: Sold $779,000 · 4 bd · 4 ba · 1,896 sqft · Aug 2026 · 0.2 mi
WEDGEWOOD HOMES REALTY | DRE #00997237
Buyer's agent: RAY DURAN, JR., WEDGEWOOD HOMES REALTY | DRE #0099723710674 Paramount: Sold $765,000 · 3 bd · 4 ba · 1,845 sqft · Sep 2026 · 0.3 mi
BILTMOREWEST REALTY | DRE #01263030
Buyer's agent: Ji Jung Lee, Coldwell Banker Best Realty | DRE #0130545510330 Downey 10: Sold $690,000 · 3 bd · 3 ba · 1,540 sqft · Jun 2026 · 0.3 mi
Keller Williams Pacific Estates | DRE #01806981
Buyer's agent: Laura Moreno, Realty ONE Group West | DRE #0204672510325 Brookshire: Sold $1,130,000 · 3 bd · 2 ba · 1,179 sqft · Sep 2026 · 0.4 mi
The Ave | DRE #01856858
Buyer's agent: Pedro Saucedo, eXp Realty of California Inc. | DRE #021886358431 Lexington: Sold $1,093,000 · 4 bd · 2 ba · 1,945 sqft · Oct 2026 · 0.4 mi
Dream Realty La Crescenta | DRE #02068318
Buyer's agent: Jennifer Tanios, Equity Union | DRE #019991088512 10th: Sold $590,000 · 2 bd · 1 ba · 750 sqft · May 2026 · 0.4 mi
First Team Real Estate | DRE #02083892
Buyer's agent: Sean Froelich, First Team Real Estate | DRE #020838928542 11th: Sold $1,350,000 · 4 bd · 4 ba · 3,049 sqft · Aug 2026 · 0.5 mi
Red Carpet Pueblo Realty | DRE #01079034
Buyer's agent: Samuel Morales, Red Carpet Pueblo Realty | DRE #01271648
Closed sales reported in 90241, nearest first, last 12 months. All recent sales in Downey →