623 S Downey Road, East Los Angeles, CA 90023

  • $1,300,000
623 S Downey Road
ResidentialIncome Active
623 S Downey Road, East Los Angeles, CA 90023
623 S Downey Road
  • $1,300,000

Overview

Property ID: HZTR25105068
  • Quadruplex
  • Property Type
  • 0
  • Garage
  • 1924
  • Year Built

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 access to Downtown LA, USC Medical Center, and major freeways, Zoned for continued income use with potential for upgrades or ADU conversion

  • Address Downey
  • City East Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90023

Details

Updated on May 18, 2025 at 9:20 am
  • Property ID: HZTR25105068
  • Price: $1,300,000
  • Land Area: 0.1717 SquareFeet
  • Garage: 0
  • Year Built: 1924
  • Property Type: Quadruplex
  • Property Status: ResidentialIncome

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