East Los Angeles, CA 90023,623 S Downey Road
East Los Angeles, CA 90023,623 S Downey Road
East Los Angeles, CA 90023,623 S Downey Road
East Los Angeles, CA 90023,623 S Downey Road
East Los Angeles, CA 90023,623 S Downey Road
East Los Angeles, CA 90023,623 S Downey Road
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$ 1,300,000
Est. payment | /mo

3 Beds

2,780 SqFt


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$ 1,300,000
Est. payment | /mo
Save

3 Beds

2,780 SqFt

OPEN HOUSE

Sat May 17, 12:00pm - 3:00pm

Sun May 18, 12:00pm - 3:00pm

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,780 sqft

Price per Sqft $467

MLS Listing ID CRTR25105068

Bedrooms 3

HOA Y/N No

Year Built 1924

Lot Size 7,481 Sqft

Acres 0.17

Property Sub-Type Quadruplex

Property Description

INVESTMENT OPPORTUNITY – 4-UNIT MULTIFAMILY IN PRIME EAST LOS ANGELES Plus Additional Unpermitted ADU, ready to get fully permitted. Welcome to 621 S. Downey Road — a rare opportunity to own a fully gated 4-unit income property located in the heart of vibrant East Los Angeles, minutes from Downtown LA, Boyle Heights, and major transit corridors. This low-maintenance complex features four spacious units across two separate structures, offering excellent rental upside for investors or owner-users alike. Each unit has its own private entrance and is individually metered for gas, enhancing long-term management efficiency. A gated driveway leads to a covered carport with ample off-street parking and storage potential. The lot layout allows for maximum use of space and privacy, while mature trees line the property for added curb appeal and security. The property benefits from strong rental demand, nearby schools, it is surrounded by local shops, restaurants, and transit lines. This central location is positioned near the 5, 60, and 710 Freeways and ensures quick access across the Greater LA area. Highlights:4 income-producing units with potential for 5th/6th., Gated driveway & secure parking, Fully fenced property with private entries, Excellent rental upside potential, Convenient

Location

State CA

County Los Angeles

Zoning LCR4

Interior

Heating See Remarks

Flooring See Remarks

Fireplace No

Laundry Other

Exterior

Exterior Feature Other

Utilities Available Other Water/Sewer, Sewer Connected

View Y/N true

View City Lights, Other

Handicap Access Other, See Remarks

Total Parking Spaces 8

Building

Lot Description Level, Other

New Construction No

Others

Tax ID 5236004005

Bridge MLS
Listed by Trinidad Gaeta • Re/Max Top Producers

GET MORE INFORMATION

agent
Kenneth Jamaca

Managing Broker | REALTOR | License ID: 02080040

+1(925) 413-1849 | kenneth@jcastlegroup.com

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623 S Downey Road