1355 S Downey, East Los Angeles, California 90023, East Los Angeles, 90023 - 5 bed, 2 bath
ACTIVE$850,000
1355 S Downey, East Los Angeles, California 90023
5Beds
2Baths
2,364Sqft
6,978Lot
Year Built
1929
Close
-
List price
$850K
Original List price
$850K
Price/Sqft
$360
HOA
-
Days on market
-
Sold On
-
MLS number
PW25256784
Home ConditionGood
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $850.0K(82th), sqft - 2364(86th), beds - 5(82th), baths - 2(50th).
Property is Located 10 Min. from Downtown Los Angeles. Easy access to interstate 5, 710 and 60. Close to Parks and industrial area of Commerce and Montebello. The property features a Front home (3 bathroom and 2 bathrooms) and an Added ADU with (2 Bedrooms and 1 Bath ). The lot has plenty of parking. ( a rare commodity in East Los Angeles )
Price History
Date
Event
Price
11/11/25
Listing
$850,000
09/20/17
Sold
$399,000
Condition Rating
Good
Despite being built in 1929, the property has undergone significant interior renovations, particularly in the kitchen and bathrooms. The kitchen features updated cream-colored cabinets, modern dark laminate/vinyl plank flooring, recessed lighting, and a contemporary black refrigerator. The bathrooms also showcase modern vanities, fixtures, and updated flooring. The overall interior, including flooring and paint, appears fresh and move-in ready, suggesting extensive renovations within the last 5-15 years. While the original build year implies older underlying systems (plumbing, electrical, HVAC), the visible components are well-maintained and updated, making the property functional and aesthetically pleasing without immediate renovation needs.
Pros & Cons
Pros
Income-Generating ADU: The property features an added Accessory Dwelling Unit (ADU) with 2 bedrooms and 1 bath, offering significant potential for rental income, multi-generational living, or guest accommodation.
Prime Location & Accessibility: Strategically located just 10 minutes from Downtown Los Angeles with easy access to major interstates (5, 710, and 60), providing excellent connectivity for commuters and access to urban amenities.
Ample Off-Street Parking: The lot offers 'plenty of parking,' a rare and highly desirable commodity in the dense East Los Angeles area, adding significant convenience and value.
Generous Lot Size: With a 6,978 sqft lot, the property provides substantial outdoor space, potential for landscaping, or future expansion possibilities (subject to local zoning regulations).
Versatile Living Arrangement: The combination of a main home (3 beds, 2 baths) and an ADU (2 beds, 1 bath) creates a flexible layout suitable for large families, co-living, or maximizing investment returns through dual occupancy.
Cons
Age of Construction: Built in 1929, the property is likely to have older systems (plumbing, electrical, HVAC) and may require significant updates or ongoing maintenance to meet modern standards and comfort expectations.
Undisclosed Condition of Main House: While an ADU is highlighted, the description lacks details on the condition or recent renovations of the main 3-bedroom, 2-bathroom home, suggesting potential for substantial renovation costs for a buyer.
Proximity to Industrial Area: Being 'close to industrial area of Commerce and Montebello' could lead to potential concerns regarding noise, traffic, or air quality, which might impact residential comfort and long-term appeal for some buyers.