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623 S Downey Road

East Los Angeles, CA 90023

– beds
– baths
– sqft
7,481 sqft lot
1924 build
– on site

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

Listed By CRMLS_CA / Trinidad Gaeta / Re/Max Top Producers / 626-552-8637

Last checked: Checking… • Last updated May 14, 2025 •

MLS# TR25105068 —

This property is listed in more than one place. See it here.

The Building

Year Built:

1924
Year Built Source:

Assessor
New Construction:

No
Construction Materials:

Drywall Walls, Frame, Stucco
Building Area Total:

2780.00
Building Area Units:

Square Feet
Total Number Of Units:

4
# of Buildings:

3
Architectural Style:

Traditional
Roof:

Composition
Foundation:

Combination, Slab
Stories Total:

2
Entry Level:

1
Accessibility Features:

Parking, See Remarks
Common Walls:

No Common Walls
# of Separate Gas Meters:

4
# of Separate Water Meters:

4
# of Separate Electric Meters:

4

Interior

Features:

Balcony, Unfurnished
Levels:

Two
Entry Location:

Front
Door Features:

Sliding Doors
Window Features:

Wood Frames
Flooring:

See Remarks
Room Type:

Entry, Kitchen, Main Floor Primary Bedroom, Primary Bathroom, See Remarks
Fireplace:

No
Fireplace:

None
Laundry:

Outside
Laundry:

1

Financial & Terms

Disclosures:

Accessory Dwelling Unit

Location

Directions:

3rd Street Exit off 60Fwy South to 3rd St. then East to Downey Rd. Go South the PIQ on West Side.
Latitude:

34.02773500
Longitude:

-118.18046900

The Property

Property Type:

Residential Income
Subtype:

Quadruplex
Property Condition:

Additions/Alterations, Fixer
Zoning:

LCR4*
Lot Features:

2-5 Units/Acre, Rectangular Lot, Level, Yard
Lot Size Area:

7481.0000
Lot Size Acres:

0.1717
Lot Size SqFt:

7481.00
Lot Size Source:

Assessor
View:

1
View:

City Lights, Neighborhood
Fencing:

Wrought Iron
Fence:

Yes
Security Features:

Carbon Monoxide Detector(s), Smoke Detector(s)
Road Frontage:

City Street
Road Surface Type:

Paved
Additional Parcels:

No
Other Structures:

Guest House Detached
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5312.02
Tax Tract:

531...
Tax Lot:

85

The Listing

Special Listing Conditions:

Standard
Parcel Number:

5236004005

Heating & Cooling

Heating:

1
Heating:

See Remarks

Utilities

Utilities:

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Sewer:

Sewer Assessments
Electric:

Standard
Water Source:

Public

Appliances

Appliances:

None
Included:

No

The Community

Neighborhood:

Boyle Heights
Features:

Curbs, Sidewalks, Street Lights, Urban
Association:

No
Pool:

None
Senior Community:

No
Spa:

1
Private Pool:

No
Spa Features:

See Remarks
Assessments:

Yes
Assessments:

Unknown

Parking

Parking:

Yes
Parking:

Auto Driveway Gate, Detached Carport, Driveway, Paved, Driveway Level, Private, RV Potential
Parking Spaces:

8.00
Uncovered Spaces:

4.00
Carport Spaces:

4.00

Extra Units

Average 1 Bed Area:

596
Average 2 Bed Area:

940

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Transit Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Sale history

Date	Event	Source	Price	% Change
5/12/25 May 12, 2025	Listed / Active	CRMLS_CA	$1,300,000

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This multifamily located in Eastside, East Los Angeles, CA 90023 is currently for sale for $1,300,000. 623 S Downey Road is a – square foot multifamily with – beds and – baths that has been on Estately for 5 days. 623 S Downey Road is in the Eastside neighborhood of East Los Angeles and has a WalkScore® of 71, making it very walkable. This multifamily is in the attendance area of Esteban Torres High School - East Los Angeles Renaissance Academy, Esteban Torres Hs Humanitas Academy Of Art & Technology, James A Garfield Senior High School, Amanecer Primary Center, Esteban Torres Hs - Engineer And Technology Academy, Rowan Avenue Elementary School, and Hilda L Solis Learning Academy.

Listing Courtesy of: CRMLS_CA and Re/Max Top Producers. Based on information from California Regional Multiple Listing Service, Inc. as of 13:56 on May 17.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.