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For sale
  • Listed by: THE IVRI GROUP, INC. • Delmi Magallanes • Contact: 855-777-8848
    $1,249,000

    1219 S Downey Rd, Los Angeles, CA 90023

    10beds
    4baths
    3,728sqft
    : 
    $8,534/mo
    Get pre-qualified
    Quadruplex
    Built in 1991
    -- sqft lot
    $1,224,200 Zestimate®
    $335/sqft
    $-- HOA

    What's special

    Well maintained 4 unit income property located in East Los Angeles featuring strong rental stability with all units currently occupied. Built in 1991, this two story building offers a desirable unit mix of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units, providing consistent demand and functional layouts for tenants. The property is fully gated and includes four tandem carport parking spaces, with one space assigned per unit, along with additional street parking options. Units are spacious and well-maintained, offering practice living spaces in a high demand rental area. Conveniently located near major streets, public transportation, popular local dining, shopping, schools, and freeway access, this property offers strong long term rental appeal. A solid opportunity with dependable income and upside potential in a well established East Los Angeles location.
    32 days
    |
    65
    |
    1
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    Zillow last checked:

    Listing updated:

    Listed by:

    Delmi Magallanes DRE #02145076 855-777-8848,

    THE IVRI GROUP, INC.

    Source: CRMLS,MLS#: CV26126504MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 4
      Rooms
      • Room types: Primary Bedroom
      Heating
      • Wall Furnace
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Laundry: None
      Features
      • Flooring: Carpet, Tile
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 1 Common Wall
      Interior area
      • Total structure area: 3,728
      • Total interior livable area: 3,728 sqft

      Property

      Parking
      • Total spaces: 4
      • Parking features: Carport
      • Carport spaces: 4
      Features
      • Entry location: Ground level w/steps
      • Pool features: None
      • Fencing: Wrought Iron
      • Has view: Yes
      • View description: None
      Lot
      • Size: 6,271 Square Feet
      • Features: 2-5 Units/Acre, Near Public Transit
      Details
      • Parcel number: 5241006036
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Quadruplex
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1991

      Utilities & green energy

      • Electric: Electricity - On Property
      • Sewer: Public Sewer
      • Water: Public
      • Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

      Community & HOA

      Community
      • Features: Sidewalks
      Location
      • Region: Los Angeles

      Financial & listing details

      • Price per square foot: $335/sqft
      • Tax assessed value: $766,151
      • Annual tax amount: $11,521
      • Date on market: 6/18/2026
      • Cumulative days on market: 33 days
      • Listing terms: Cash,Cash to Existing Loan,Conventional,1031 Exchange,Submit

        Estimated market value

        $1,224,200

        $1.16M - $1.29M

        $2,492/mo

        Price history

        DateEventPrice
        6/19/2026Price change$1,249,000-13.9%$335/sqft
        Source: CRMLS #CV26126504 Report a problem
        11/26/2024Listed for sale$1,450,000+132%$389/sqft
        Source: CRMLS #GD24240093 Report a problem
        7/24/2013Sold$625,000-16.7%$168/sqft
        Source: Public Record Report a problem
        5/1/2013Pending sale$749,900$201/sqft
        Source: CENTURY 21 Allstars #DW13068606 Report a problem
        4/18/2013Listed for sale$749,900+167.8%$201/sqft
        Source: CENTURY 21 ALLSTARS #DW13068606 Report a problem
        8/30/2000Sold$280,000+13.4%$75/sqft
        Source: Public Record Report a problem
        10/28/1999Sold$246,844$66/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$11,521 +3.9%$766,151 +2%
        2024$11,086 +4.9%$751,130 +2%
        2023$10,572 +4.6%$736,403 +2%
        2022$10,107 +1.2%$721,965 +2%
        2021$9,987 -0.7%$707,810 +1%
        2020$10,058 $700,553 +2%
        2019$10,058 +5.6%$686,818 +2%
        2018$9,529 $673,352 +2%
        2017$9,529 +1.9%$660,150 +2%
        2016$9,355 +2.4%$647,207 +1.5%
        2015$9,132 +1.3%$637,486 +2%
        2014$9,016 $625,000 +79.2%
        2012-- $348,782 +2%
        2011-- $341,944 +0.8%
        2010-- $339,389 -0.2%
        2009-- $340,196 +2%
        2008-- $333,526 +2%
        2007-- $326,987 +2%
        2006-- $320,576
        2005-- $320,576 +4%
        2004-- $308,129 +1.9%
        2003-- $302,483 +5.9%
        2002-- $285,600 -4.2%
        2000-- $298,200
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 90023

        Getting around

        78 / 100
        Very Walkable
        53 / 100
        Good Transit
        56 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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