623 Downey, East Los Angeles CA 90023 for sale - Presented to you by Terrence Griffin of San Diego California
Listing provided courtesy of Trinidad Gaeta of Re/Max Top Producers. Last updated 2025-05-14 08:12:19.000000. Listing information © 2024 Sandicor.

Asking Price: $1,300,000 | ​​​​​​​

623 Downey, East Los Angeles CA 90023

Community: ​ELA - East Los Angeles


This Quadruplex property was built in 1924 and is priced at $1,300,000. Please see the additional details below.
  • 0 Sq Ft
  • 0 bathrooms
  • 0 bedrooms
  • MLS#: TR25105068
  • Type: Quadruplex
  • Year Built: 1924
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

Call or Email Terrence Griffin now to inquire about this property

619-952-0152