For sale

Listed by: IET Real Estate

$849,500

1355 S Downey Rd, Los Angeles, CA 90023

5beds

2,364sqft

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Single Family Residence

Built in 1929

6,978 Square Feet Lot

$858,100 Zestimate^®

$359/sqft

$-- HOA

What's special

Back on the market! Welcome to 1355 S. Downey Rd, a unique East Los Angeles opportunity featuring a beautifully designed ADU—perfect for extended family, guests, or creating steady rental income. This centrally located property sits just minutes from Downtown LA, shopping, transit, and the bustling industrial district, offering unmatched convenience. Whether you’re an investor or a homeowner looking for flexibility and value, this property delivers space, potential, and location all in one.

14 days

144

4

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 2
Full bathrooms: 2
Main level bathrooms: 2
Main level bedrooms: 5

Rooms

Room types: Bedroom

Bedroom

Features: All Bedrooms Down

Cooling

Wall/Window Unit(s)

Appliances

Laundry: Outside

Features

All Bedrooms Down
Has fireplace: No
Fireplace features: None
Common walls with other units/homes: No Common Walls

Interior area

Total interior livable area: 2,364 sqft

Property

Features

Levels: One
Stories: 1
Entry location: Street Level
Pool features: None
Has view: Yes
View description: None

Lot

Size: 6,978 Square Feet
Features: Street Level

Details

Parcel number: 5241020020
Special conditions: Standard

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

New construction: No
Year built: 1929

Utilities & green energy

Sewer: Public Sewer
Water: Public

Community & HOA

Community

Features: Street Lights, Sidewalks

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $359/sqft
Tax assessed value: $563,312
Annual tax amount: $7,821
Date on market: 6/11/2026
Cumulative days on market: 14 days
Listing terms: Cash to New Loan,Conventional,FHA

Estimated market value

$858,100

$815,000 - $901,000

$3,107/mo

Price history

Date	Event	Price
6/11/2026	Listed for sale	$849,500+112.9%$359/sqft
Source: CRMLS #PW26127588 Report a problem
9/21/2017	Sold	$399,000$169/sqft
Source: CRISNet / SRAR #SR17019214 Report a problem
8/11/2017	Pending sale	$399,000$169/sqft
Source: Berkshire Hathaway HomeService #SR17019214 Report a problem
8/11/2017	Listed for sale	$399,000$169/sqft
Source: Berkshire Hathaway HomeService #SR17019214 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$7,821 +4.5%	$563,312 +2%
2024	$7,486 +1.7%	$552,268 +2%
2023	$7,360 +4.9%	$541,440 +26.6%
2022	$7,016 +21.9%	$427,805 +2%
2021	$5,755 +0.3%	$419,418 +1%
2020	$5,738	$415,118 +2%
2019	$5,738 +7.2%	$406,980 +2%
2018	$5,355	$399,000 +185%
2017	$5,355 +140.9%	$139,983 +2%
2016	$2,223 +2.8%	$137,239 +1.5%
2015	$2,162 +1.4%	$135,179 +2%
2014	$2,132	$132,532 +2.5%
2012	--	$129,348 +2%
2011	--	$126,813 +0.8%
2010	--	$125,866 -0.2%
2009	--	$126,166 +2%
2008	--	$123,693 -66.4%
2007	--	$368,000 +209.5%
2006	--	$118,891
2005	--	$118,891 +4%
2004	--	$114,276 +1.9%
2003	--	$112,183 +2%
2002	--	$109,984 +4%
2000	--	$105,715

Find assessor info on the county website

Monthly payment

Est. payment

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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.

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