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Off market
  • $1,119,400

    721 S Downey Rd, Los Angeles, CA 90023

    11beds
    0baths
    4,186sqft
    MultiFamily
    Built in 1914
    -- sqft lot
    $1,119,400 Zestimate®
    $267/sqft
    $2,390 Estimated rent

    Home value

    $1,119,400

    $963,000 - $1.28M

    $2,390/mo

    Zestimate® history
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    Owner options

    List your home for rent

    $2,390/mo

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    $2,390/mo

    Rent Zestimate®

    Refinance and save

    $7,161/mo

    Est. payment

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    $7,161/mo

    Est. payment

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    What's special

    HUGE PRICE REDUCTION!! UNIQUE RENTAL INCOME PROPERTY - ONE OF A KIND! THIS IS STANDARD SALE - NO RENT CONTROL! THIS PROPERTY IS LOCATED IN THE UNINCORPORATED CITY OF EAST LOS ANGELES. FOUR LARGE UNITS WITH 2 SEPARATE BUILDINGS. FRONT BUILDING CONSISTS OF 2 UNITS - UPSTAIRS AND DOWNSTAIRS WITH 2 BEDROOMS AND 1 BATHROOM EACH. THE REAR BUILDING HAS A 2 BEDROOM AND 1 BATH UNIT - DOWNSTAIRS - AND A MASSIVE 5 BEDROOMS 2 BATHROOMS UNIT - UPSTAIRS. RENTS ARE LOW DUE TO LONG-TERM TENANTS. GREAT LOCATION, EASY FREEWAY ACCESS TO THE 710, 5 AND THE 60 FREEWAYS. JUST MINUTES AWAY FROM DOWNTOWN LOS ANGELES. 11 BEDROOMS AND 5 BATHROOMS TOTAL WITH 4,186 SQFT IN CONSTRUCTION AND 7,490 LOT SIZE. IF YOU'VE BEEN LOOKING WHERE TO INVEST, THIS IS THE PLACE!

    This property is off market, which means it's not currently listed for sale or rent on Zillow. This may be different from what's available on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 11
    • Bathrooms: 0
    Heating
    • None, Other
    Features
    • Flooring: Tile, Carpet, Laminate, Linoleum / Vinyl
    Interior area
    • Total interior livable area: 4,186 sqft

    Property

    Parking
    • Total spaces: 5
    Features
    • Exterior features: Stucco
    Lot
    • Size: 7,492 sqft
    Details
    • Parcel number: 5236005022

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1914

    Community & neighborhood

    Location
    • Region: Los Angeles

    Price history

    DateEventPrice
    10/28/2015Sold$750,000+0%$179/sqft
    Source: Public Record Report a problem
    5/31/2015Pending sale$749,900$179/sqft
    Source: Berkshire Hathaway Hm Ser #RS14120377 Report a problem
    5/18/2015Price change$749,900-6.3%$179/sqft
    Source: Berkshire Hathaway Hm Ser #RS14120377 Report a problem
    8/12/2014Price change$799,9000%$191/sqft
    Source: Berkshire Hathaway Hm Ser #RS14120377 Report a problem
    6/10/2014Listed for sale$800,000$191/sqft
    Source: Berkshire Hathaway Hm Ser #RS14120377 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$13,228 +3.7%$879,138 +2%
    2024$12,753 +4.5%$861,901 +2%
    2023$12,209 +4.6%$845,001 +2%

    Find assessor info on the county website

    Neighborhood: 90023

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $1,119,400
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    Estimated market value
    $1,119,400