Nanoscale perovskite oxides with enhanced electrocatalytic activities have been widely used as oxygen electrodes of reversible solid oxide cells (RSOC). Here, La0.6Sr0.4FeO3−δ (LSF) nanoscale powder is synthesized via a novel molten salt method using chlorides as the reaction medium and fired at 850 °C for 5 h after removing the additives. A direct assembly method is employed to fabricate the LSF electrode without a pre-sintering process at high temperature. The microstructure characterization ensures that the direct assembly process will not damage the porosity of LSF. When operating as a solid oxide fuel cell (SOFC), the LSF cell exhibits a peak power density of 1.36, 1.07 and 0.7 W/cm2 at 800, 750 and 700 °C, respectively, while in solid oxide electrolysis cell (SOEC) mode, the electrolysis current density reaches 1.52, 0.98 and 0.53 A/cm2 under an electrolysis voltage of 1.3 V, respectively. Thus, it indicates that the molten salt routine is a promising method for the synthesis of highly active perovskite LSF powders for directly assembled oxygen electrodes of RSOC.