In 1933, the club was officially established as Deportes Iberia, basing in Conchalí (Santiago). Then Iberia joined the Asociación de Fútbol de Santiago, but recently in 1946 the club joined Primera División, spending there eight years until the 1954 season when they, after finishing in the bottom of the table, were relegated to second-tier, being the first Chilean relegated team in its football history.[2]
The institution was founded on June 15, 1933, by Cristian López, small merchants of La Vega Central Market and a Spanish catholic reverend called Gilberto Lizana, after the decision of that last one to create a football branch. At the end of that year and for only eight days, the team adopted the name of Deportivo Ínser.[5]
In 1971, Iberia failed to reach its first ever promotion to first-level after losing the race for the title with Unión San Felipe of the coach Luis Santibáñez who even achieved a feat following proclaiming champion of Primera División in 1972.
In 1992, following 37 years playing in the second tier, the club was relegated to Tercera División. After winning the 2013–14 tournament, Iberia reached its promotion and broke a 21-year absence at second division, now called Primera B.[6]
For a long time the ground was property of the public finance, but in 1990s the stadium became part of Los Angeles municipality. In August 2010, a running track financed by National Institute of Sports of Chile was built.
On 21 May 2015, President of ChileMichelle Bachelet through his public account realized in the National Congress at Valparaíso, announced that Ovalle, La Calera, San Felipe and Los Angeles would have new stadiums. Nevertheless, it was reported that in Los Angeles’ situation the new stadium wouldn't be remodeled for establish a new ground of 5,000 capacity.[7]