1362 S Downey Rd, Los Angeles, CA, 90023
About This Home
PRICE IMPROVEMENT!!!! 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.
Getting Around
Very Walkable
Good Transit
BikeableSchools
Construction
Condition
- Property condition: Additions/Alterations,Updated/Remodeled,Turnkey
- Year built: 1922
Materials
- Foundation: Slab
- Construction materials: Drywall
Type & Style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,ENERGY STAR Qualified Appliances,Gas Range
- Laundry features: Electric Dryer Hookup,Gas Dryer Hookup,Laundry Closet
Bathroom
- Features: Quartz Counters,Remodeled,Separate Shower,Tub Shower
Bedrooms & Bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 1
- 3/4 bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 3
Features
- Breakfast Bar,Eat-in Kitchen,Laminate Counters,Quartz Counters
- Window features: ENERGY STAR Qualified Windows
- Flooring: Laminate
- Fireplace features: Living Room
- Fireplace: Yes
- Common walls with other units/homes: 1 Common Wall
Heating & Cooling
- Heating features: Central,ENERGY STAR Qualified Equipment
- Cooling features: Central Air,ENERGY STAR Qualified Equipment
Interior Area
- Total interior livable area: 1,427 sqft
Kitchen
- Features: Quartz Counters,Remodeled,Updated Kitchen
Property
Details
- Parcel number: 5241019014
- Attached to another structure: Yes
- Special condition: Standard,Trust
Features
- Levels: One
- Stories: 1
- Entry location: Front
- Pool features: None
- Patio & porch: Brick,Open,Patio
- Spa features: None
- Has view: Yes
- View description: None
Lot
- Lot size: 5,303 sqft
- Features: Front Yard,Garden,Landscaped
Parking
- Total spaces: 1
- Parking features: Concrete,Driveway Level,Driveway,Garage
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $3,964 | $47,568 |
| Home Insurance * | $138 | $1,656 |
| Property Taxes | $827 | $9,924 |
| Electricity | $398 | $4,786 |
| Total | $5,327 | $63,924 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-03-20 | Price change | $828,000 |
| 2026-02-28 | Listed for sale | $850,000 |
| 2024-06-08 | Listing removed | -- |
| 2024-05-30 | Listed for rent | $3,100 |
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