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, Conv
MLS #
CRTR25105068
MLS Source
California Regional MLS
Days on Site
14
Kitchen
None
Appliances
Other
Flooring
Other
Heating
Other
Roof
Composition
Foundation
Combination, Slab
Pool
None, Other
Style
Traditional
Garage/Parking
Detached, Gate/Door Opener, Other, Private / Exclusive, RV Possible, Garage: 0 Car(s)
HOA Fee
$0
Listing Agent
Trinidad Gaeta
Re/Max Top Producers
License #: 01194324
Phone: (909) 590-8853
Co-Listing Agent
Matthew Reyes
Top Producers Realty Partners
License #: 02177202
Phone: –
# Buildings | # Leased Units | # Total Units |
---|---|---|
3 | 0 | 4 |
Unit # | Sq Ft | Beds | Baths | Rent |
---|---|---|---|---|
1 | 596 | – | 0/0 | – |
2 | 940 | – | 0/0 | – |
623 S Downey Rd is a Residential Income in East Los Angeles, CA 90023. This – square foot property sits on a 7,481 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,300,000 and was built in 1924.
This address can also be written as 623 S Downey Rd, East Los Angeles, CA 90023.©2025 California Regional MLS. All rights reserved. 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. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of May 25, 2025. For the most current information, please contact Trinidad Gaeta, (909) 590-8853