Welcome to Del Norte Apartments, a 33-unit apartment investment opportunity located in the exceptionally strong rental market of Downey. Del Norte Apartments is located in one of the best parts of Downey, just steps to the brand new retail, dining and entertainment hub of Downey Landing. This apartment community is comprised of 85% two and three-bedroom units with new vinyl windows, new copper plumbing, and granite countertops & tile flooring throughout. Available for the first time in 20 years, Del Norte Apartments is an excellent investment opportunity to invest in a well-maintained asset in one of the best locations in the city of Downey offering a new investor tremendous upside potential. * Phenomenal Downey Rental Location, * 85% 2 & 3-Bedroom Units, * Copper Plumbing, * Vinyl Windows, * Granite Countertops and Tile Flooring
Multi-familyProperty Type
1964Year Built
1 acresLot Size
$333Price/Sq.Ft.
45 spacesParking
Listed by Doug Rodermund•DRE #01314304• Morgan Skenderian
Bought with Doug Rodermund•DRE #01314304• Morgan Skenderian
*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
62
Baths
34
Stories
—
Lot width
—
Lot depth
—
Lot size
0.91 Acres
Year renovated
1964
Sq. Ft.
25,526
Year built
1964
Style
Multi-Family (5+ Unit)
County
Los Angeles County
APN
6284022012
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 31, 2026.
R-1 5,000
Single-Family Residential Zone
The R-1 Zone is intended to provide for the development of single-family residential areas and to designate appropriately located areas for family living at designated population densities. The provisions of this zone are intended to ensure that the residential character of such areas will be stabilized and maintained. They are further intended to provide a basis for the planning of related amenities, such as parks, schools, public utilities, streets and highways, and other community facilities.
Permitted uses
Include but are not limited to:
Housing-Single unit
Housing-Other
Educational/school
Nov 14, 2014 • Final
Residential combination
Grading
Feb 7, 2011 • Final
Otc reroof
Roofing
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Parking
Parking / Garage Information
Uncovered Spaces: 14
# of Carport Spaces: 31
# of Parking Spaces: 45
Interior
Laundry Information
Has Laundry
Community
Unit Type 1 Information
Unit Key Numeric: 10554995
Listing Key Numeric: 363510130
Actual Rent: $1,250
Total # of Baths: 1
Total # of Beds: 1
Furnished: Unfurnished
Total Rent: $6,250
Total # of Units: 5
Unit Type 2 Information
Unit Key Numeric: 10554996
Listing Key Numeric: 363510130
Actual Rent: $1,401
Total # of Baths: 1
Furnished: Unfurnished
Total # of Beds: 2
Total Rent: $37,830
Total # of Units: 27
Unit Type 3 Information
Listing Key Numeric: 363510130
Unit Key Numeric: 10554997
Actual Rent: $1,800
Total # of Baths: 2
Total # of Beds: 3
Furnished: Unfurnished
Total Rent: $1,800
Total # of Units: 1
Expenses
Total: $177,662
Pest Control: $1,200
Maintenance: $25,000
Insurance: $8,535
New Taxes: $99,913
Workmans Compensation: $11,880
Gardener: $2,400
Multi-Unit Information
Net Operating Income: $362,201
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 25,526
Gross Scheduled Income: $556,560
Gross Operating Income: $539,863
Gross Multiplier: 15.36
Gross Income: $6,000
Laundry Income: $6,000
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 34
# Of Separate Electric Meters: 34
# Of Buildings: 2
Operating Expense Percent: $31.90
Vacancy Allowance Rate: 3
Vacancy Allowance: 16697
Exterior
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: 31-35 Units/Acre
Property Information
Total # of Units: 33
Common Walls: No Common Walls
Parcel Number: 6284022012
Year Built Source: Assessor
Financial
Lease / Rental Details
Operating Expense: $177,662
Other Expense: $23,000
Other Expense Description: Utility
Utilities
Utilities Information
Sewer: Public Sewer
Water Source: District/Public
Location
Neighborhood Information
Community Features: Curbs, Sidewalks, Storm Drains, Street Lighting
Location Information
Latitude: 33.92481400
Longitude: -118.12421600
Directions: South of Stewart and Gray Road & East of Bellflower Blvd.
Zoning: DOR15000*
Public facts
Beds: 62
Baths: 34.0
Sq. Ft.: 25,526
Stories: —
Lot Size: 0.91 acres
Style: Multi-Family (5+ Unit)
Year Built: 1964
Year Renovated: 1964
County: Los Angeles County
APN: 6284022012
Home facts updated by county records on Aug 31, 2026
Other
Listing Information
Days Active in MLS: 81
Continuous Days Active in MLS: 81
Listing Agent Information
List Agent First Name: Doug
List Agent Last Name: Rodermund
Listing Office Information
List Office Name: Morgan Skenderian
Selling Agent Information
Buyer Agent First Name: Doug
Buyer Agent Last Name: Rodermund
Selling Office Information
Buyer Office Name: Morgan Skenderian
Around this home
Schools
Gauldin Elementary School
Public K-5 • Assigned • 0.4mi
6/10
Doty Middle School
Public 6-8 • Assigned • 1.4mi
7/10
Downey High School
Public 9-12 • Assigned • 1.0mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
5/10 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 93° expected this year, 22 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
7 unhealthy days expected this year, 9 days in 30 years
Provided by First Street
Historical weather
Downey, CA • 90242
Average low and high temperatures (°F)
71
48
72
51
75
54
73
55
76
59
79
62
81
63
87
66
84
66
80
58
72
52
70
50
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.