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623 S Downey Road, 
East Los Angeles, CA 90023

$1,300,000


3

Beds


Bath


2,780

Sq Ft


Multi-Family

Active

Listed by

Trinidad Gaeta

Matthew Reyes

RE/MAX Top Producers

remax.Trinidad@gmail.com

Last updated:

May 18, 2025, 11:15 AM

MLS#

CRTR25105068

Source:

CA BRIDGEMLS

About This Home

623 S Downey Road

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

Home Facts

Multi-Family

3 Bedrooms

Built in 1924

Price Summary

1,300,000

$467 per Sq. Ft.

MLS #:

CRTR25105068

Last Updated:

May 18, 2025, 11:15 AM

Added:

8 day(s) ago


Rooms & Interior

Bedrooms

Total Bedrooms:

3

Interior

Living Area:

2,780 Sq. Ft.


Structure

Structure

Architectural Style:

Quadruplex

Building Area:

2,780 Sq. Ft.

Year Built:

1924


Lot

Lot Size (Sq. Ft):

7,405


Finances & Disclosures

Finances

Price:

$1,300,000

Price per Sq. Ft:

$467 per Sq. Ft.

Source:CA BRIDGEMLS
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