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.
For sale
Listed by: THE IVRI GROUP, INC. • Delmi Magallanes • Contact: 323-217-4280
Price cut: $101K (10/2)
$1,148,000
1219 S Downey Rd, Los Angeles, CA 90023
10beds
4baths
3,728sqft
Quadruplex
Built in 1991
-- sqft lot
$1,115,400 Zestimate®
$308/sqft
$-- HOA
What's special
Fully gatedTwo story building
- 92 days
- 138
- 10
Zillow last checked:
Listing updated:
Listed by:
Delmi Magallanes DRE #02145076 323-217-4280,
THE IVRI GROUP, INC.
Source: CRMLS,MLS#: CV26126504
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & 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
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: $308/sqft
- Tax assessed value: $781,473
- Date on market: 6/18/2026
- Cumulative days on market: 92 days
- Listing terms: Cash,Cash to Existing Loan,Conventional,1031 Exchange,Submit
Estimated market value
$1,115,400
$1.06M - $1.17M
$2,624/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/2/2026 | Price change | $1,148,000-8.1%$308/sqft |
Source:  CRMLS #CV26126504 Report a problem | ||
| 6/19/2026 | Listed for sale | $1,249,000-13.9%$335/sqft |
Source: CRMLS #CV26126504 Report a problem | ||
| 11/26/2024 | Listed for sale | $1,450,000+132%$389/sqft |
Source: CRMLS #GD24240093 Report a problem | ||
| 7/24/2013 | Sold | $625,000-16.7%$168/sqft |
Source: Public Record Report a problem | ||
| 5/1/2013 | Pending sale | $749,900$201/sqft |
Source: CENTURY 21 Allstars #DW13068606 Report a problem | ||
| 4/18/2013 | Listed for sale | $749,900+167.8%$201/sqft |
Source: CENTURY 21 ALLSTARS #DW13068606 Report a problem | ||
| 8/30/2000 | Sold | $280,000+13.4%$75/sqft |
Source: Public Record Report a problem | ||
| 10/28/1999 | Sold | $246,844$66/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $781,473 +2% |
| 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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Neighborhood: 90023
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