OFF MARKET

Off Market Sep 2023 for $1.3M

—

Est. refi paymentEst. refi $9,206/mo

•

6 ba

•

3,840

sq ft

10023 Pomering Rd, Downey, CA 90240

About this home

10023 Pomering Road is a 6-unit multifamily investment asset located in the highly desirable North Downey rental market. The property features (2) two bedroom units and (4) one bedroom units with (6) garage parking spaces. There is approximately (50%) upside in the rents. The subject property has been in the same family for decades and is an excellent investment opportunity because of it's outstanding location, substantial amount of rental upside, ADU potential and no local rent control barriers.

Multi-familyProperty Type

1954Year Built

7,231 sq ftLot Size

$345Price/Sq.Ft.

1 garage spacesParking

Listed by Nick Petrosian •DRE #01462598 • Remax Commercial and Investment Realty

•949-607-7096 (agent)

•nick@nickpetrosian.com (agent)

Bought with Nick Petrosian •DRE #01462598 • Remax Commercial and Investment Realty

Redfin checked: 2 minutes ago

•Source:TheMLS #23-306571

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 90240, CA

Last updated August 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

102.9%

+0.6% MoM

Median sale price

$890K

$25K MoM

Avg. days on market

16d

3 days MoM

Recently sold homes

1 MoM

New listings for sale

NEW 2 HRS AGO
$1,225,000
4 beds2 baths1,700 sq ft
9721 Blandwood, Downey, CA 90240
OPEN SAT, 11AM TO 2PM
$1,599,000
4 beds3.5 baths2,814 sq ft
7652 Coolgrove, Downey, CA 90240
OPEN SAT, 12PM TO 4PM
$1,279,000
3 beds3 baths2,505 sq ft
10003 Mattock, Downey, CA 90240
$1,150,000
3 beds2 baths1,575 sq ft
9654 La Reina, Downey, CA 90240
COMING SOON
$1,275,000
4 beds3 baths2,520 sq ft
9544 Raviller, Downey, CA 90240
24 Hour Real Estate
OPEN SAT, 12PM TO 4PM
$1,575,000
3 beds3 baths2,466 sq ft
8550 Raviller Dr, Downey, CA 90240
OPEN SAT, 12PM TO 3PM
$950,000
5 beds3 baths1,747 sq ft
9307 Hasty Ave, Downey, CA 90240
OPEN SUN, 12PM TO 3PM
$749,000
3 beds2.5 baths1,480 sq ft
9104 Florence Ave, Downey, CA 90240
Keller Williams Realty
See all

Provided by Redfin

Sale history for 10023 Pomering Rd

Date

Event

Price

RENTALBEAST #3

Mar 12, 2025

Rental Removed

$2,195

$1/sq ft

Mar 12, 2025

Listed for Rent

$2,195

$1/sq ft

RENTALBEAST #2

Mar 10, 2025

Rental Removed

$2,195

$1/sq ft

Mar 9, 2025

Listed for Rent

$2,195

$1/sq ft

RENTALBEAST #1

Mar 31, 2025

Rental Removed

$2,695

$1/sq ft

Mar 26, 2025

Listed for Rent

$2,695

$1/sq ft

Mar 10, 2025

Rental Removed

$2,195

$1/sq ft

Mar 9, 2025

Listed for Rent

$2,696

$1/sq ft

TheMLS #23-306571

Sep 29, 2023

Sold

$1,325,000

$345/sq ft

Sep 22, 2023

Pending

—

Sep 8, 2023

Contingent

—

Aug 31, 2023

Listed

$1,380,000

$359/sq ft

Aug 31, 2023

Listed

$1,380,000

$359/sq ft

Join or sign in to view all info

Year

Property tax

Land + Additions

Assessment*

2025

$17,987 (+1.8%)

$1,020,000 + $331,500

$1,351,500

2024

$17,665 (+408.6%)

$1,020,000 + $331,500

$1,351,500

2023

$3,473 (+3.3%)

$1,000,000 + $325,000

$1,325,000

2022

$3,362 (+6.3%)

$49,452 + $94,001

$143,453

2021

$3,162 (+1.0%)

$48,483 + $92,158

$140,641

2020

$3,132 (+0.6%)

$47,533 + $90,351

$137,884

2019

$3,113 (+6.2%)

$47,046 + $89,425

$136,471

2018

$2,931 (+3.1%)

$46,124 + $87,672

$133,796

2017

$2,842 (+3.1%)

$44,334 + $84,268

$128,602

2016

$2,756 (+1.4%)

$44,334 + $84,268

$128,602

2015

$2,718 (+2.3%)

$43,465 + $82,616

$126,081

2014

$2,656 (+3.2%)

$41,975 + $79,782

$121,757

2012

$2,573 (+6.6%)

$41,786 + $79,422

$121,208

2011

$2,414 (−1.7%)

$40,967 + $77,865

$118,832

2010

$2,454 (+3.0%)

$40,164 + $76,339

$116,503

2009

$2,382 (+3.7%)

$39,864 + $75,769

$115,633

2008

$2,296

$39,959 + $75,949

$115,908

Tax history for 10023 Pomering Rd

Year

Property tax

Land + Additions

Assessment*

2025

$17,987 (+1.8%)

$1,020,000 + $331,500

$1,351,500

2024

$17,665 (+408.6%)

$1,020,000 + $331,500

$1,351,500

2023

$3,473 (+3.3%)

$1,000,000 + $325,000

$1,325,000

2022

$3,362 (+6.3%)

$49,452 + $94,001

$143,453

2021

$3,162 (+1.0%)

$48,483 + $92,158

$140,641

2020

$3,132 (+0.6%)

$47,533 + $90,351

$137,884

2019

$3,113 (+6.2%)

$47,046 + $89,425

$136,471

2018

$2,931 (+3.1%)

$46,124 + $87,672

$133,796

2017

$2,842 (+3.1%)

$44,334 + $84,268

$128,602

2016

$2,756 (+1.4%)

$44,334 + $84,268

$128,602

2015

$2,718 (+2.3%)

$43,465 + $82,616

$126,081

2014

$2,656 (+3.2%)

$41,975 + $79,782

$121,757

2012

$2,573 (+6.6%)

$41,786 + $79,422

$121,208

2011

$2,414 (−1.7%)

$40,967 + $77,865

$118,832

2010

$2,454 (+3.0%)

$40,164 + $76,339

$116,503

2009

$2,382 (+3.7%)

$39,864 + $75,769

$115,633

2008

$2,296

$39,959 + $75,949

$115,908

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Public record

Public record
Zoning
Permits

Beds

Baths

Stories

—

Lot width

—

Lot depth

—

Lot size

7,233 Sq. Ft.

Year renovated

1954

Sq. Ft.

3,840

Year built

1954

Style

Multi-Family (5+ Unit)

County

Los Angeles County

APN

6359022005

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 31, 2026.

R-3

Multiple-Family Residential Zone

The R-3 Zone is intended to provide for the development of multiple-family residential living areas compatible with the neighborhood environment and outdoor recreation potential of the community. Such areas are envisioned as being located and designed to be complementary to adjacent uses and at the same time provide suitable space for multiple-family living quarters.

Permitted uses

Include but are not limited to:

Housing-Single unit
Housing-Multiple units
Housing-Senior
Housing-Other
Educational/school

Property details

Parking

Garage
Garage

Parking
# of Parking Spaces (Total): 6

Interior

Heating & Cooling
No Cooling
Wall Heat

Multi-Unit Income
Gross Income: 76800
Gross Operating Income: $74,496
Net Operating Income: $38,423

Multi-Unit Expenses
Total Annual Expense: $36,073

Multi-Unit Other Financial Information
Gross Rent Multiplier: 17.25
Vacancy Rate: 3
Scheduled Actual: Actual

Multi-Unit Information
Unit Type Type: 1, 2
Type Of Units: Multifamily
# of Buildings: 1

Unit 1 Information
# of Beds: 1
# of Baths: 1.00
Rent: $1,061
Projected Rent: $7,700
Actual Rent: $4,245
# of Units: 4

Unit 2 Information
# of Beds: 2
# of Baths: 1.00
Rent: $1,078
Projected Rent: $4,600
Actual Rent: $2,155
# of Units: 2

Exterior

Building Information
Total Floors: 2
Two Level

Property Information
Property Type: Residential Income

Land Information
Other Structures: None

Lot Information
Lot Size (Sq. Ft.): 7,231
Lot Size (Acres): 0.166
Zoning: DOR3*

Financial

Assessment Information
Assessed Total Value: $140,641
Assessed Land Value: $48,483
Assessed Land %: 34.47
Assessed Improvement Value: $92,158
Assessed Improvement %: 65.53
Assessor Parcel Number: 6359-022-005

Financial Information
Listing Terms: Probate

Location

Community Information
# of Units in Complex (Total): 6

Location Information
Directions: East of Old River School Road and North of Florence Avenue

Public facts

Beds: 8
Baths: 6.0
Sq. Ft.: 3,840
Stories: —
Lot Size: 7,233 square feet
Style: Multi-Family (5+ Unit)
Year Built: 1954
Year Renovated: 1954
County: Los Angeles County
APN: 6359022005

Home facts updated by county records on Aug 31, 2026

Other

Documents & Disclosures
Disclosures: Probate

Listing Information
Listing Terms: Probate

Around this home

Schools

Price Elementary School

Public K-5 • Assigned • 0.6mi

7/10

Griffiths Middle School

Public 6-8 • Assigned • 0.4mi

8/10

Warren High School

Public 9-12 • Assigned • 1.5mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

4/10 Flood Factor

Estimated 11-17% chance of a flood reaching the building in the next 30 years

1/10 Fire Factor

Unlikely to be in a wildfire in next 30 years

5/10 Heat Factor

7 days above 94° expected this year, 21 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

6/10 Air Factor

9 unhealthy days expected this year, 10 days in 30 years

Provided by First Street

Historical weather

Downey, CA • 90240

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 9.4 hours in June and 6.9 hours in December, placing it above the U.S. average for solar exposure.

9.4 hrs

6.9 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

Track this home’s value and nearby sales activity

Nearby similar homes

NEW 10 HRS AGO

$2,549,000

10 beds9 baths4,483 sq ft

9857 Belmont, Bellflower, CA 90706

$2,999,000

28 beds14 baths14,077 sq ft

4642 Live Oak, Cudahy, CA 90201

$5,600,000

34 beds22 baths17,637 sq ft

3546-3550 Los Flores Blvd, Lynwood, CA 90262

Morgan Skenderian

$4,199,000

29 beds21.5 baths14,005 sq ft

9339 Ramona, Bellflower, CA 90706

$1,995,000

6 beds7 baths3,730 sq ft

8130 Constance St, Rosemead, CA 91770

$1,972,500

10 beds9 baths3,916 sq ft

432 N Poplar Ave, Montebello, CA 90640

New listings for sale in 90240

NEW 2 HRS AGO

$1,225,000

4 beds2 baths1,700 sq ft

9721 Blandwood, Downey, CA 90240

OPEN SAT, 11AM TO 2PM

$1,599,000

4 beds3.5 baths2,814 sq ft

7652 Coolgrove, Downey, CA 90240

OPEN SAT, 12PM TO 4PM

$1,279,000

3 beds3 baths2,505 sq ft

10003 Mattock, Downey, CA 90240

$1,150,000

3 beds2 baths1,575 sq ft

9654 La Reina, Downey, CA 90240

COMING SOON

$1,275,000

4 beds3 baths2,520 sq ft

9544 Raviller, Downey, CA 90240

24 Hour Real Estate

OPEN SAT, 12PM TO 4PM

$1,575,000

3 beds3 baths2,466 sq ft

8550 Raviller Dr, Downey, CA 90240

OPEN SAT, 12PM TO 3PM

$950,000

5 beds3 baths1,747 sq ft

9307 Hasty Ave, Downey, CA 90240

OPEN SUN, 12PM TO 3PM

$749,000

3 beds2.5 baths1,480 sq ft

9104 Florence Ave, Downey, CA 90240

Keller Williams Realty

Home values near 10023 Pomering Rd

Data from public records.

Address	Redfin Estimate
10006 Pomering Road, Downey, CA 4 Beds \| 3 Baths \| 2450 Sq. Ft.	$1,276,546
10016 Pomering Road, Downey, CA 3 Beds \| 2 Baths \| 1766 Sq. Ft.	$929,668

Address	Redfin Estimate
9940 Pomering Road, Downey, CA 4 Beds \| 2 Baths \| 2386 Sq. Ft.	$1,154,400
10026 Pomering Road, Downey, CA 11 Beds \| 4 Baths \| 4713 Sq. Ft.	$1,184,633

Address	Redfin Estimate
9934 Pomering Road, Downey, CA 3 Beds \| 3 Baths \| 3059 Sq. Ft.	$1,439,495
10020 Pomering Road, Downey, CA 11 Beds \| 4 Baths \| 4713 Sq. Ft.	$1,375,590

Property information provided by undefined .

Download the Redfin App on the Apple App Store

Download the Redfin App from the Google Play Store

Join us

Become an Agent

Get referrals

Careers

Find homes faster

About us

Find us

Subsidiaries

Affiliated Business

Countries

United States

Canada

Updated September 2025: By searching, you agree to the Terms of Use, and Privacy Policy.

Do not sell or share my personal information.

REDFIN and all REDFIN variants, WALK SCORE, and the R logos, are trademarks of Redfin Corporation, registered or pending in the USPTO.

California DRE #01521930

Redfin is licensed to do business in New York as Redfin Real Estate. NY Standard Operating Procedures

New Mexico Real Estate Licenses

TREC: Info About Brokerage Services, Consumer Protection Notice

All mortgage lending products and information are provided by Rocket Mortgage, LLC | NMLS #3030; www.NMLSConsumerAccess.org. Licensed in 50 states. This site is not authorized by the New York State Department of Financial Services for mortgage solicitation or loan applications activities related to properties located in the State of New York.

Redfin Corporation is an affiliated business of Rocket Limited Partnership. Each company, and their subsidiaries, are separate legal entities operated and managed through its own management and governance structures.

If you are using a screen reader, or having trouble reading this website, please call Redfin Customer Support for help at 1-844-759-7732.

REDFIN IS COMMITTED TO AND ABIDES BY THE FAIR HOUSING ACT AND EQUAL OPPORTUNITY ACT. READ REDFIN'S FAIR HOUSING POLICY AND THE NEW YORK STATE FAIR HOUSING NOTICE.

GreatSchools Ratings provided by GreatSchools.org.

90280 homes for sale
90706 homes for sale
90650 homes for sale
90201 homes for sale
90660 homes for sale

Houses for rent in Downey	Agents near me	Irvine, CA homes for sale	Downey Housing Market
Houses for sale near me	San Diego, CA homes for sale	Fremont, CA homes for sale
Land for sale near me	San Francisco, CA homes for sale	Sacramento, CA homes for sale
Open Houses near me	Los Angeles, CA homes for sale	Downey Property Records
Condos for sale near me	San Jose, CA homes for sale	CA New Listings

Pasadena homes for sale
Los Angeles homes for sale
Long Beach homes for sale

About this home

Redfin Estimate

Market trends in 90240, CA

Sale history for 10023 Pomering Rd

Tax history for 10023 Pomering Rd

Public record

Property details

Around this home

Schools

Lifestyle

Climate risks

Historical weather

Sun exposure

Is this your home?

Nearby similar homes

New listings for sale in 90240

Home values near 10023 Pomering Rd

More real estate resources