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Four-Unit Residential Income Property
For Sale
$1,249,000

1219 S Downey, Los Angeles, CA 90023

A gated, two-story property offers a mix of two- and three-bedroom apartments, with all units occupied.

Property Size3,728 SF
Days on Market136

Property Features for 1219 S Downey

General Information

Standard status Active
Size 3,728 SF
Total Parking Spaces 4
Property subtype MULTI_FAMILY
Occupancy 100%

Site & Location

Highway Access Yes
Public Transit Yes

Units

Unit Mix 2 x 3BR/1BA, 2 x 2BR/1BA
Multifamily Units 4
Parking per Unit 1

Amenities

gated

Building Details

Building Size 3,728 SF
Year Built 1991
Buildings 1
Stories 2
Listing Agency: THE IVRI GROUP, INC.
Listed By: Delmi Magallanes · License #02145076
Source: Milsteinestates
Added: May 20 Changed: Oct 1 Last Checked: Oct 1 at 12:34PM

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.

Built in 1991, this two-story quadplex contains four apartments: two with three bedrooms and one bathroom, and two with two bedrooms and one bathroom. The property is gated, and four tandem carport spaces provide one assigned space for each unit. All four apartments are occupied.

The property is at 1219 S Downey in Los Angeles, with access to major streets, public transportation, local dining, shopping, schools, and freeway connections. Street parking is also available nearby.

Key Highlights

  • Four residential units; all are currently occupied
  • Built in 1991 with a two‑story layout
  • Unit mix includes two 3‑bedroom, 1‑bath apartments and two 2‑bedroom, 1‑bath apartments

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Cafe & Coffee Shop Skin Care Clinic Parking Lot & Garage Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

4
Residential units
100%
Occupancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,225
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Quadplex - A gated, two-story property offers a mix of two- and three-bedroom apartments, with all units occupied.
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: Four residential units; all are currently occupied; Built in 1991 with a two‑story layout; Unit mix includes two 3‑bedroom, 1‑bath apartments and two 2‑bedroom, 1‑bath apartments
More about this property
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