Listed by Delmi Magallanes•DRE #02145076• THE IVRI GROUP, INC.
Contact: 323-217-4280
For sale
$1,148,000
Est. $7,837/mo —
10
bd
•
4 ba
•
3,728
sq ft
1219 S Downey, Los Angeles, CA 90023
Price drop
List price was lowered by $101K. Tour it before it's gone!
Today:
About this home
Well maintained 4 unit income property located in East Los Angeles featuring strong rental stability with all units currently occupied. Built in 1991, this two story building offers a desirable unit mix of two 3-bedroom, 1-bath units and two 2-bedroom, 1-bath units, providing consistent demand and functional layouts for tenants. The property is fully gated and includes four tandem carport parking spaces, with one space assigned per unit, along with additional street parking options. Units are spacious and well-maintained, offering practice living spaces in a high demand rental area. Conveniently located near major streets, public transportation, popular local dining, shopping, schools, and freeway access, this property offers strong long term rental appeal. A solid opportunity with dependable income and upside potential in a well established East Los Angeles location.
Eastside LA, located between the Los Angeles River and the San Gabriel Valley foothills, is a historic and industrial Los Angeles neighborhood with hillside views and mural-lined streets. The character concentrates along Cesar Chavez Avenue near Evergreen Cemetery, where panaderías, taquerías, record shops, and late-night coffee windows keep the sidewalks in motion. Craftsman bungalows and mid-century apartments mix with warehouse blocks and rail corridors, giving the streetscape a layered, working-city feel. Self Help Graphics & Art anchors local printmaking and exhibitions, while Mariachi Plaza sets a steady rhythm for public life. The Japanese American National Museum and the Arts District’s Hauser & Wirth add gallery energy and design-forward dining nearby. Parks and river paths shape a daily routine built around walks, bikes, and neighborhood errands.
Provided by Walk Score and Local Logic
Offer insights
1219 S Downey · $1,148,000
$1.15M and above
75% chance or better to win
Why $1.15M+ is a strong offer
DAYS ON MARKET
94 days
The average home goes pending in 68 days.
SALE-TO-LIST
97.7%
Most homes are selling 2% below list price.
About offer insights
Property details
Interior
Exterior
Finance
Kitchen
Bathroom
Bedroom
Living
Dining
Interior features
Ground-level entry with steps
Bedrooms
Primary bedroom
Bathrooms
Full bathrooms in each unit (one full bath per unit)
Kitchen
No kitchen appliance details provided
Laundry & utility
No laundry features provided
Flooring
Tile and carpet flooring
Heating & cooling
Wall heaters
Wall/window air conditioning units
Exterior features
Wrought iron fencing
Near public transit
Sidewalks
Home design
Attached property
Two-story building
No accessory dwelling unit
Parking
Carport parking
Four parking spaces (four-car carport)
Construction
Building area: 3,728 total (building)
One building
One common wall
Utilities
Electricity on property
Natural gas connected
Public sewer
District/public water
Four separate electric meters
Four separate gas meters
Four separate water meters
HOA & community
Community sidewalks
Financial info
Gross scheduled income: $85,200
Gross income: $7,100
Reported rents by unit: $2,000; $1,500; $1,800; $1,800
Other
Total of four residential units
Number of wall AC units: 4
Electricity and solar
View estimated energy costs and solar savings for this home
Great Investment Opportunity! Location, Location, Location ! 4-UNITS recently remodeled which consist in 2-TWO Bedroom and ONE Bath, 1-THREE Bedrooms and ONE Bath and 1-THREE Bedrooms and TWO Bath. Located near shopping centers, public transportation and near freeways. The building is separately metered for gas, and electricity. And most importantly, NO Rent Control. Will not last!
Public Records
Aug 30, 2000
Sold
$280,000
$75/sq ft
Public Records
Jun 18, 1991
Sold
$96,000
$26/sq ft
Public Records
Jan 26, 1990
Sold
$82,500
$22/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$11,521 (+3.9%)
$206,307 + $575,166
$781,473
2024
$11,086 (+4.9%)
$202,262 + $563,889
$766,151
2023
$10,572 (+4.6%)
$198,297 + $552,833
$751,130
2022
$10,107 (+1.2%)
$194,409 + $541,994
$736,403
2021
$9,987 (−0.7%)
$190,598 + $531,367
$721,965
2020
$10,058 (+3.7%)
$186,861 + $520,949
$707,810
2019
$9,701 (+1.8%)
$184,945 + $515,608
$700,553
2018
$9,529 (+1.9%)
$181,319 + $505,499
$686,818
2017
$9,355 (+2.5%)
$174,279 + $485,871
$660,150
2016
$9,131 (+1.4%)
$174,279 + $485,871
$660,150
2015
$9,002 (−0.1%)
$170,862 + $476,345
$647,207
2014
$9,015 (+57.1%)
$165,000 + $460,000
$625,000
2012
$5,737 (+3.3%)
$149,829 + $205,927
$355,756
2011
$5,554 (−0.7%)
$146,892 + $201,890
$348,782
2010
$5,594 (+3.5%)
$144,012 + $197,932
$341,944
2009
$5,407 (+2.1%)
$142,936 + $196,453
$339,389
2008
$5,296
$143,276 + $196,920
$340,196
Public record
Public record
Zoning
Permits
Beds
10
Baths
5
Stories
—
Lot width
—
Lot depth
—
Lot size
6,271 Sq. Ft.
Year renovated
1991
Finished Sq. Ft.
3,728
Unfinished Sq. Ft.
—
Total Sq. Ft.
3,728
Year built
1991
Style
Multi-Family (2-4 Unit)
County
Los Angeles County
APN
5241006036
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Oct 6, 2026.
R-3
GREEN ZONE DISTRICTS
SETBACK DISTRICTS
Limited Density Multiple Residence Zone
Residential Zones preserve, protect, and enhance areas for residential land uses in a range of densities; provide for orderly, well-planned, and balanced growth of residential neighborhoods; and ensure adequate light, air, privacy, and open space for each dwelling. These zones also provide for the appropriate location of public and semi-public uses such as schools, parks, and religious facilities that can serve and complement residential uses.
Zone overlays
Green Zone District
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Other
Jul 1, 2024 • Final
Road encroachment
Perform splice work on existing utility poles.
Electrical
Aug 29, 2023 • Final
Express utility
Close a lane on Downey Road to access a utility pole for equipment replacement. Implement traffic control according to the California Manual on Uniform Traffic Control Devices.
Electrical
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Local insights from Redfin agents
The LA market is rewarding realistic pricing and good strategy. Buyers have more choices and are taking their time, while sellers who price correctly are still getting results. The days of simply “testing the market” are behind us—in this market,...
Minimal risk of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
6/10 Heat Factor
7 days above 93° expected this year, 21 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
5/10 Air Factor
9 unhealthy days expected this year, 9 days in 30 years
Provided by First Street
Historical weather
Los Angeles, CA • 90023
Average low and high temperatures (°F)
70
48
72
51
74
54
72
54
74
58
79
62
83
65
87
66
84
66
79
59
72
53
70
51
Jan
Feb
Mar
Apr
May
Jun
Jul
Aug
Sep
Oct
Nov
Dec
Sun exposure
85/ 100
Very good sunlight
Sunscore
This home ranks in the top 14% for direct sun exposure in Los Angeles. There appears to be minimal shading by surrounding buildings, terrain, and vegetation.
8.1 hrs
5.1 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 1219 S Downey
$1,132,701
$15K under list price of $1.15M
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $680K to $1.1M.