623 S Downey RD new Save Request In-Person Tour Request Virtual Tour
East Los Angeles,CA 90023
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRTR25105068
Style Traditional
Year Built 1924
Lot Size 7,481 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
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, Conv
Location
State CA
County Los Angeles
Area Ela - East Los Angeles
Rooms
Kitchen None
Interior
Heating Other
Flooring Other
Laundry Other
Exterior
Parking Features RV Possible,Detached Garage,Private / Exclusive,Gate / Door Opener,Other
Garage Spaces 8.0
Pool None,Other
View Local/Neighborhood,City Lights
Roof Type Composition
Building
Lot Description Grade - Level
Foundation Combination,Concrete Slab
Sewer TBD
Water District - Public
Architectural Style Traditional
Others
Tax ID 5236004005
Special Listing Condition Not Applicable