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1355 S Downey Rd, Los Angeles, CA, 90023

5beds
2baths
2,364sqft
$849,500
$359price/sqft
$5,920/moest. monthly cost
$236,800/yrincome needed

About This Home

Back on the market! Welcome to 1355 S. Downey Rd, a unique East Los Angeles opportunity featuring a beautifully designed ADU—perfect for extended family, guests, or creating steady rental income. This centrally located property sits just minutes from Downtown LA, shopping, transit, and the bustling industrial district, offering unmatched convenience. Whether you’re an investor or a homeowner looking for flexibility and value, this property delivers space, potential, and location all in one.

Getting Around

70
WalkingVery Walkable
50
TransitGood Transit
57
BikeBikeable

Construction

Condition

  • Year built: 1929

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Laundry features: Outside

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 2
  • Full bathrooms: 2
  • Main level bathrooms: 2
  • Main level bedrooms: 5

Cooling

  • Cooling features: Wall/Window Unit(s)

Features

  • All Bedrooms Down
  • Fireplace features: None
  • Common walls with other units/homes: No Common Walls

Interior Area

  • Total interior livable area: 2,364 sqft

Property

Details

  • Parcel number: 5241020020
  • Special condition: Standard

Features

  • Levels: One
  • Stories: 1
  • Entry location: Street Level
  • Pool features: None

Lot

  • Lot size: 6,978 sqft
  • Features: Street Level

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
    EarthquakeVery High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

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

MonthlyAnnual
Mortgage $4,295$51,540
Home Insurance *$150$1,800
Property Taxes $969$11,628
Electricity $506$6,083
Total$5,920$71,040
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$202,971/yr
40% on housing$177,600/yr
45% on housing$157,866/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

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.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$359This listing

vs Other Active Listings

Avg $/sqft

ZIP 90023$383
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90023$543
Los Angeles County$610

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

DateEventPrice
2026-06-11Listed for sale$849,500
2017-09-21Sold$399,000
2017-08-11Pending sale$399,000
2017-08-11Listed for sale$399,000

For Sale by Agent

AgentDavid Lozano
BrokerageIET Real Estate

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