915 East 23rd Street, Los Angeles, CA 90011
915 East 23rd Street, Los Angeles, CA 90011
915 East 23rd Street, Los Angeles, CA 90011
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John R Thompson

John R Thompson

+1(805) 796-5221
Listed by Walner H. Hernandez • Keller Williams World Media Center
$1,099,000
Est. payment /mo
4,164 SqFt
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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 4,164 sqft

Price per Sqft $263

MLS Listing ID DW-26200437

Style Traditional

Year Built 1968

Lot Size 6,258 Sqft

Property Sub-Type Quadruplex

Source California Regional Multiple Listing Service (CRMLS)

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 with the 2028 Olympic Games.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Interior

Heating Wall Furnace

Flooring See Remarks

Fireplaces Type None

Laundry None, See Remarks

Exterior

Parking Features Uncovered

Pool None

Community Features Sidewalks, Street Lights

Utilities Available Sewer Connected, Water Connected, Electricity Connected, Natural Gas Connected

View Y/N No

View None

Building

Lot Description Yard, Back Yard

Sewer Public Sewer

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John R Thompson

John R Thompson

+1(805) 796-5221

Broker/Owner License ID: 01200900

Broker/Owner License ID: 01200900

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915 East 23rd Street