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1219 S Downey RoadLos Angeles, CA 90023

For Sale

$1,450,000

Smart Buyer Rebate $14,500

Great Income Property in East Los Angeles, with No LA City Rent Control! Newer building, built in 1991. Quadruplex/4 Unit 2-Story Building. 2 Units are 3 Bedrooms, 1 Bathroom. 2 Units are 2 Bedrooms 1 Bathroom. Main level has 1–2-bedroom unit and 1–3-bedroom unit. Second level has the identical layout. Hard to find in a 4-unit building. There is a car port in the back of the building with 4 tandem parking spots, each unit has a tandem spot, with additional street parking. The entire building is gated. Spacious units with tons of potential. Perfect for a first-time buyer, or for an investment. Live in one unit and rent out the others to help cover the monthly mortgage. Freshly painted outside. Excellent location, next to restaurants-the very popular King Taco, near public transportation, stores. schools and easy freeway access.

Listed by Jeffrey Hutchens

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License #01934709

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Arroyo Seco Realty Corp.

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323-559-1785

Listed by Elsa Kim

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License #00647376

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Arroyo Seco Realty Corp.

Last updated February 03, 2025

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Source: CRMLS #GD24240093

Listing Facts

  • TypeMulti-family
  • NeighborhoodEast Los Angeles
  • Days on Prevu287

Amenities

  • Parking

Location

Mortgage Calculator

Listing History

11/26/2024
Listed by Arroyo Seco Realty Corp.
$1,450,000

Property Details for 1219 S Downey Road

Association

Amenities

  • Community Features: Suburban

Exterior

Construction

  • Number Of Units Total: 4
  • Property Attached: Yes
  • Stories: 1
  • Stories Total: 2
  • Year Built: 1991
  • Common Walls: 1 Common Wall
  • Entry Level: 1
  • Entry Location: 1

Features

  • Fencing: Wrought Iron

Measurements

  • Building Area Total: 3,728
  • Building Area Units: Square Feet
  • Lot Features: 2-5 Units/Acre, Near Public Transit
  • Lot Size Acres: 0.14
  • Lot Size Area: 6,271
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 6,271
  • Lot Size Units: Square Feet

Financial

Taxes

  • Parcel Number: 5241006036

Interior

Features

  • Flooring: Carpet, Tile

Other

Features

  • Accessibility Features: Parking

Location

  • Tax Block: 2
  • Tax Lot: 35

Parking

Parking

  • Carport Spaces: 4
  • Carport: Yes
  • Parking Features: Carport
  • Parking Total: 4

Utilities

Equipment

  • Cooling: Wall/Window Unit(s)
  • Has Cooling: Yes
  • Heating: Wall Furnace
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.