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Listed by Walner Hernandez, DRE #01318574 • Keller Williams World Media Center
$1,099,000
Est. payment /mo
6,258 Sqft Lot
New
915 E 23rd ST Los Angeles, CA 90011
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRDW26200437
Style Traditional
Year Built 1968
Lot Size 6,258 Sqft
Property Sub-Type Fourplex
Source California Regional MLS
Property Description
An exceptional investment opportunity to acquire a large, income producing four-unit property ideally positioned within the high-demand Downtown Los Angeles rental market. This well located quadruplex features 12 bedrooms, 6 bathrooms, and approximately 4,164 square feet of total living space situated on a 6,258-square-foot lot. The property is fully rented and currently generates approximately $7,994 per month in gross rental income. Ideal for investors, 1031 exchange buyers, and developers. This property presents potential upside may be achieved through strategic rent adjustments, improved property management, unit renovations and upgrades. Ideally located just minutes from the University of Southern California (USC), USC Village, Los Angeles Memorial Coliseum, Exposition Park, BMO Stadium, and Downtown Los Angeles (DTLA). Its convenient access to major freeways, Metro Rail and public transportation enhances connectivity throughout Los Angeles. The location is particularly appealing to students, professionals, and long-term renters, benefiting from proximity to educational institutions, entertainment venues, sports facilities, and DTLA market. With the region continuing to experience significant investment and development, including preparations and improvements associated wi
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Interior
Heating Wall Furnace
Cooling None
Flooring Other
Laundry None
Exterior
Parking Features Uncovered Parking
Garage Spaces 2.0
Pool 31, None
View None
Roof Type Shingle,Composition
Building
Water District - Public
Architectural Style Traditional
Others
Tax ID 5131016026
Special Listing Condition Not Applicable
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