$10,000 Closing Credit¹
Marcia La, Listing Office: Century 21 Ludecke Inc.
#GD24240093·
Listing Office: Arroyo Seco Realty Corp.·
Listing Agent: Jeffrey Hutchens·
Listing Office Phone: 323-559-1785
$10,000
closing credit¹
1219 S Downey Rd Los Angeles, CA 90023
$1,450,000 List price
$10,000
Closing credit¹
0.1 acres
Multi-Family
Property details
About 1219 S Downey Rd
Great Income Property in East Los Angeles, with No LA City Rent Control! Newer building, built in 1991. Quadruplex/4 Unit 2-Story Building. 2 Units are 3 Bedrooms, 1 Bathroom. 2 Units are 2 Bedrooms 1 Bathroom. Main level has 1–2-bedroom unit and 1–3-bedroom unit. Second level has the identical layout. Hard to find in a 4-unit building. There is a car port in the back of the building with 4 tandem parking spots, each unit has a tandem spot, with additional street parking. The entire building is gated. Spacious units with tons of potential. Perfect for a first-time buyer, or for an investment. Live in one unit and rent out the others to help cover the monthly mortgage. Freshly painted outside. Excellent location, next to restaurants-the very popular King Taco, near public transportation, stores. schools and easy freeway access.
Highlights
Home typeQuadruplex
HeatingWall Furnace
StatusActive
CoolingWall/Window Unit(s)
Lot size0.144 Acres
Year built1991
ParkingCarport
MLS #GD24240093
Summary
- MLS Number: GD24240093
- MLS Name: CRMLS
- Office Name: Arroyo Seco Realty Corp.
- Office Phone: (323) 559-1785
- Listing Agent: Jeffrey Hutchens
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/19/2025, 9:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,450,000
1219 S Downey Rd
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jul 24, 2013 | Home Sold | $625,000 |
| Aug 30, 2000 | Home Sold | $280,000 |
| Jun 18, 1991 | Home Sold | $96,818 |
| Jan 26, 1990 | Home Sold | $82,500 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2021 | $707,810 | $9,987 |
| 2020 | $700,553 | $9,700 |
| 2019 | $686,818 | $9,528 |
| 2018 | $673,352 | $9,355 |
| 2017 | $660,150 | $9,355 |
History based on county public records data.
Nearby schools
4
Eastman Elementary
Public District KG-5
0.3 mi
•4112 E Olympic Blvd
3
Ford Boulevard Elementary School
Public District KG-5
0.5 mi
•1112 S Ford Blvd
5
Rowan Avenue Elementary School
Public District KG-5
0.8 mi
•600 S Rowan Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $27,188. Most Los Angeles, CA residents have annual incomes less than $<35k. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
61%
<35k
36%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
18%
Single, No Kids
25%
Single, with Kids
15%
Married, No Kids
42%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
11%
12-17 yrs old
28%
18-34 yrs old
33%
35-64 yrs old
7%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
Burlington
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
White Castle
What do the neighbors drive?
Nissan
Dodge
Kia
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
Backup offers
$10,000 Closing Credit¹
Jesus Zambrano, Listing Office: The Mantelli Group
$10,000 Closing Credit¹
Arturo Aleman, Listing Office: Save and Sell Real Estate
$10,000 Closing Credit¹
Alberto Meza, Listing Office: Century 21 Allstars
Backup offers
$9,203 Closing Credit¹
Keith Penunuri, Listing Office: The Real Estate Store Inc.
$9,203 Closing Credit¹
Gil Legaspi, Listing Office: Legaspi Commercial
New - 3 days on Rocket
$8,906 Closing Credit¹
Michele Guzman, Listing Office: CENTURY 21 CITRUS REALTY INC
$8,906 Closing Credit¹
Gilbert Rivera, Listing Office: Marketing Specialists
Sergio Paz, Listing Office: Excellence RE Real Estate
$7,707 Closing Credit¹
Alfonso Vasquez, Listing Office: SO CAL REALTY & LOANS
This home is located at 1219 S Downey Rd in Los Angeles, CA and zip code 90023 in the The Eastside neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since November 26, 2024 and is currently priced at $1,450,000.
In December 2024 more than 524 listings in Los Angeles, CA were sold above the asking price. During the same period more than 203 listings were sold at asking price, while more than 740 were sold below. The inventory of homes for sale in Los Angeles, CA between November and December 2024 decreased by 5.3%. Listings spent 41 days on the market in December 2024, and had a median list price of $1,026,634 during the same period.
From Rocket Homes Real Estate and based on county public records data.