For sale

Listed by: THE brokeredge

Price cut: $44K (6/23)

$784,000

1362 S Downey Rd, Los Angeles, CA 90023

4beds

1,427sqft

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Single Family Residence

Built in 1922

5,303 Square Feet Lot

$783,600 Zestimate^®

$549/sqft

$-- HOA

What's special

ADJUSTMENT IN PRICE!!!! Great investment opportunity, recently remodeled property currently serves as a duplex. Front unit is 3 bedrooms and 1 bath with washer/dryer hook up. Currently leased on a month-to-month contract. Attached unit, vacant, is a studio with its own bathroom and washer/dryer unit. Detached garage, ready for new owner to convert to a living unit. Tremendous opportunity in a great area, close to freeways and downtown LA. To owners' knowledge all work, remodel was done by licensed contractor. Tax records show as 860 sq ft, currently 1427 sq ft per recent appraisal. Buyers to perform their inspections and due diligence.

116 days

222

13

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Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 2
Full bathrooms: 1
3/4 bathrooms: 1
Main level bathrooms: 1
Main level bedrooms: 3

Rooms

Room types: Living Room

Bathroom

Features: Quartz Counters, Remodeled, Separate Shower, Tub Shower

Kitchen

Features: Quartz Counters, Remodeled, Updated Kitchen

Heating

Central, ENERGY STAR Qualified Equipment

Cooling

Central Air, ENERGY STAR Qualified Equipment

Appliances

Included: Dishwasher, ENERGY STAR Qualified Appliances, Gas Range
Laundry: Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet

Features

Breakfast Bar, Eat-in Kitchen, Laminate Counters, Quartz Counters
Flooring: Laminate
Windows: ENERGY STAR Qualified Windows
Has fireplace: Yes
Fireplace features: Living Room
Common walls with other units/homes: 1 Common Wall

Interior area

Total interior livable area: 1,427 sqft

Property

Parking

Total spaces: 1
Parking features: Concrete, Driveway Level, Driveway, Garage
Garage spaces: 1

Features

Levels: One
Stories: 1
Entry location: Front
Patio & porch: Brick, Open, Patio
Pool features: None
Spa features: None
Has view: Yes
View description: None

Lot

Size: 5,303 Square Feet
Features: Front Yard, Garden, Landscaped

Details

Parcel number: 5241019014
Special conditions: Standard,Trust

Construction

Type & style

Home type: SingleFamily
Architectural style: Traditional
Property subtype: Single Family Residence
Attached to another structure: Yes

Materials

Drywall
Foundation: Slab

Condition

Additions/Alterations,Updated/Remodeled,Turnkey
New construction: No
Year built: 1922

Utilities & green energy

Electric: Standard
Sewer: Public Sewer
Water: Public
Utilities for property: Electricity Connected, Natural Gas Connected, Water Connected

Green energy

Energy efficient items: Appliances

Community & HOA

Community

Features: Biking, Park, Street Lights, Sidewalks

Location

Region: Los Angeles

Financial & listing details

Price per square foot: $549/sqft
Tax assessed value: $612,000
Annual tax amount: $8,033
Date on market: 2/27/2026
Cumulative days on market: 117 days
Listing terms: Submit
Road surface type: Paved

Estimated market value

$783,600

$744,000 - $823,000

$3,833/mo

Price history

Date	Event	Price
6/23/2026	Price change	$784,000-5.3%$549/sqft
Source: CRMLS #PW26034473 Report a problem
3/20/2026	Price change	$828,000-2.6%$580/sqft
Source: CRMLS #PW26034473 Report a problem
2/28/2026	Listed for sale	$850,000$596/sqft
Source: CRMLS #PW26034473 Report a problem
6/8/2024	Listing removed	--
Source: Zillow Rentals Report a problem
5/30/2024	Listed for rent	$3,100$2/sqft
Source: Zillow Rentals Report a problem

Public tax history

Year	Property taxes	Tax assessment
2025	$8,033 +0.6%	$612,000 +0.7%
2024	$7,982 +385.7%	$608,000 +649.4%
2023	$1,643 +3.7%	$81,128 +2%
2022	$1,585 +1.5%	$79,538 +2%
2021	$1,562 -0.2%	$77,979 +1%
2020	$1,566	$77,181 +2%
2019	$1,566 +9.9%	$75,669 +2%
2018	$1,425	$74,186 +2%
2017	$1,425 +2%	$72,732 +2%
2016	$1,397 +2.7%	$71,307 +1.5%
2015	$1,360 +1.2%	$70,237 +2%
2014	$1,343	$68,862 +2.5%
2012	--	$67,208 +2%
2011	--	$65,891 +0.8%
2010	--	$65,400 -0.2%
2009	--	$65,556 +2%
2008	--	$64,272 +2%
2007	--	$63,013 +2%
2006	--	$61,778
2005	--	$61,778 +4%
2004	--	$59,382 +1.9%
2003	--	$58,295 +2%
2002	--	$57,153 +4%
2000	--	$54,935

Find assessor info on the county website

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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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