915 E 23rd St

Los Angeles, CA 90011
  • $1,049,000

    Price
  • 12

    Bed
  • 6

    Bath
  • 4,164

    SqFt
  • 0.14

    Acre

About the Listing DWKMC - DWHERWAL

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 with the 2028 Olympic Games.

Listing Highlights for 915 E 23rd St

Status Active
Days on Site 33
Property Type Multi-Family
MLS ® DW26200437
Year Built 1968
Total Square Footage 4,164
Lot/Acreage 0.14

Interior Details

  • Bedrooms: 12
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond:
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor: See Remarks
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Back Yard,Yard,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 2
  • Roof: Composition,Shingle
  • Others: Stucco,2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Uncovered

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 5131016026
  • Tax Year: N/A

Payment Calculator

Monthly Payment

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  • in Taxes
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Listing Location

Questions About..

915 E 23rd St Los Angeles, CA 90011

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Originating MLS: CRMLS

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Yury Medrano

Realtor | Los Angeles, CA & Boise, ID | Silvercreek Realty Group | Sky Homes & Estates

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