1359 S Downey Road
Los Angeles, CA, 90023
$686,000
MLS: DW26133208
Beds
3
Baths
2
Sq Ft
1,638
Lot
0.16 ac
Year Built
1929
MLS #
DW26133208
Days on Market
1
Listed
Jun 20, 2026
Description
Discover this charming 3-bedroom, 2-bathroom home nestled in the heart of East Los Angeles. This property, a hidden gem that hasn't been on market since 1958, boasts an expansive floor plan featuring two inviting living rooms and a spacious kitchen with dining area, perfect for family gatherings. Inside laundry area. With a versatile bonus room that can easily serve as an additional bedroom, office, mancave, playroom, or gym, this home adapts to your lifestyle. The ample size driveway accommodates multiple vehicles, offering convenience for families and guests alike. Enjoy the prime location, minutes from major freeways 5 & 710, downtown LA, shopping centers, and schools. This combines comfort, space, and accessibility, making it an ideal opportunity for the first-time buyers or investors. Don't miss you chance to make this charming residence your own! Schedule a showing today!
Location
Los Angeles, Los Angeles County, CA 90023
Open on Google Maps ↗Listed by: Liz Lee · eHomes
Payment estimate
$5,162
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $68,600 · Loan: $617,400
Average 30-yr fixed rate 6.47% as of Jun 18, 2026 (Freddie Mac PMMS). Adjust to your quote.
- Principal & Interest
- $3,890
- Property tax (1.25%)
- $715
- Homeowners insurance
- $300
- Mortgage insurance
- $257
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Jun 18, 2026
- 30-year fixed
- 6.47%
- 15-year fixed
- 5.81%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
About the area · Mike Watson
About the Antelope Valley
The Antelope Valley spans Lancaster, Palmdale, Quartz Hill, Rosamond, Lake Los Angeles, California City, Edwards AFB, and the Plant 42 aerospace corridor. Mike Watson is a lifelong AV resident and the #1 producing individual Realtor in the region by transaction count. Every active listing on this site is paired with a free market analysis tailored to the specific street, honest financing guidance (FHA, VA, USDA, CalHFA, conventional, and assumable loans where the financing supports it), and side-by-side comparisons against the rest of the active inventory in your target ZIP.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $24,010 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
Similar Homes Nearby
Active and pending listings in ZIP 90023 (Los Angeles)within ±10% of this home's price and size.
Local Market Stats
See Los Angeles, CA 90023 market trends →
Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
Free Buyer & Seller Tools
Net Sheet Calculator
Estimate how much you'll walk away with after selling. Covers commissions, closing costs, and loan payoff.
Property Comparison
Compare 2–3 properties side-by-side — equity, monthly payment, cash to close, and DTI — all in one infographic.
Drive Time Calculator
Check commute times from this address to work, school, or anywhere else before you commit.
Buyer Cost Sheet
Estimate your total closing costs as a buyer — lender fees, title, escrow, and prepaids — before you write an offer.