Gated Four-Unit Income
For Sale
Contact for pricing
1219 S Downey, Los Angeles, CA 90023
Gated two-story 4-unit building with tandem carport parking and a mix of 2- and 3-bedroom layouts.
Property SizeContact for details
Days on Market77
Property Features for 1219 S Downey
General Information
Standard status
Active
Total Parking Spaces
4
Property subtype
Multifamily
Occupancy
100%
Additional Details
Highway Access
Yes
Multifamily Units
4
Building Details
Year Built
1991
Stories
2
Tenancy
Multi
Listing Agency:
THE IVRI GROUP, INC.
Listed By:
Delmi Magallanes · License #02145076
Source:
Crexi
Added: May 22
Changed: Jul 10
Last Checked: Aug 5 at 6:50AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of THE IVRI GROUP, INC.
Investment Insights
Based on property information with market context.
This well-maintained two-story four-unit income property was built in 1991 and is fully gated. All units are currently occupied. The unit mix includes two 3-bedroom, 1-bath apartments and two 2-bedroom, 1-bath apartments, each designed with spacious, practical layouts. Parking is provided by four tandem carport spaces, with one space assigned per unit, and there is also additional street parking available.
Located in East Los Angeles near major streets, the property offers convenient access to public transportation, local dining and shopping, schools, and freeway routes.
For investors or owner-users seeking a straightforward multifamily setup, the combination of an in-place, fully occupied tenancy and a balanced mix of 2- and 3-bedroom units can support a consistent day-to-day operating profile. The gated site and assigned tandem parking spaces also add a level of resident convenience and control that many tenants look for in rental housing.
Located in East Los Angeles near major streets, the property offers convenient access to public transportation, local dining and shopping, schools, and freeway routes.
For investors or owner-users seeking a straightforward multifamily setup, the combination of an in-place, fully occupied tenancy and a balanced mix of 2- and 3-bedroom units can support a consistent day-to-day operating profile. The gated site and assigned tandem parking spaces also add a level of resident convenience and control that many tenants look for in rental housing.
Key Highlights
- Well‑maintained 4‑unit income property in East Los Angeles with all units currently occupied
- Built in 1991: two‑story gated building with a mix of two 3BD/1BA units and two 2BD/1BA units
- Fully gated property with four tandem carport parking spaces (one per unit) plus additional street parking
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
710
Businesses Nearby
Explore this area
Business Placement
Demographics for 90023, CA
45,939
Population
12,319
Households
3.7
Avg Household Size
32
Median Age
10%
College-Educated
53%
High-School Grad
4.3 sq mi
ZIP Area
10,683
Density / Sq Mi
$56,623
Median Household Income
$30,967
Median Earnings
$1,414
Median Rent
$617,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Quadplex - Gated two-story 4-unit building with tandem carport parking and a mix of 2- and 3-bedroom layouts.
Where is this quadplex located?
The property is located at 1219 S Downey Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,249,000.
What are key features of this property?
This property features: Well‑maintained 4‑unit income property in East Los Angeles with all units currently occupied; Built in 1991: two‑story gated building with a mix of two 3BD/1BA units and two 2BD/1BA units; Fully gated property with four tandem carport parking spaces (one per unit) plus additional street parking
