$850,000

1362 South Downey Road, Los Angeles, CA 90023

4 beds |
2 baths |
1,427 sqft

Condominium
Built in 1922
5,301sqft lot
1 car garage
$596/sqft
Listed 4 days ago

Property Description

Great investment opportunity, recently remodeled property currently serves as a duplex. Front unit is 3 bedrooms and 1 bath with washer/dryer hook up. Currently leased on a month-to-month contract. Attached unit, vacant, is a studio with its own bathroom and washer/dryer unit. Detached garage, ready for new owner to convert to a living unit. Tremendous opportunity in a great area, close to freeways and downtown LA. To owners knowledge all work, remodel was done by licensed contractor. Tax records show as 860 sq ft, currently 1427 sq ft per recent appraisal. Buyers to perform their inspections and due diligence.

Listing Status:: Active
Date Added:: February 26, 2026
Data Last Updated:: March 4, 2026 at 5:12AM
Listing Office:: THE brokeredge : 714-660-4008
Listing Agent:: Louis Camarena :
MLS ID:: PW26034473

General: Laminate Counters
Appliances: DishwasherGas Range
Laundry: Gas & Electric Dryer HU
Flooring: Laminate
A/C: Central Forced AirEnergy Star
Heating: Forced Air UnitEnergy Star
Fireplace: FP in Living Room

General: N/K
Style: Traditional
Pool: N/K
Parking: GarageParking spaces: 1

General: 1

HOA Amenities: 0.0
Originating MLS: California Regional MLS
County: Los Angeles

Zoning: 5241019014
View: N/K

Utilities: Electricity ConnectedNatural Gas ConnectedWater Connected
Water: Public
Sewer: Public Sewer

Source: California Regional MLS

This listing courtesy of Louis Camarena , THE brokeredge

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

Eastman Elementary

4112 E Olympic Blvd, Los Angeles, CA, 90023

Grades KG-5

0.43 miles away

Stevenson Middle School

725 S Indiana St, Los Angeles, CA, 90023

Grades 6-8

1.15 miles away

City of Angels

221 S Eastman Ave, Los Angeles, CA, 90063

Grades KG-12

1.37 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.