915 E 23rd ST, Los Angeles, CA 90011

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Listed by Walner Hernandez, 310-628-7008 from Keller Williams World Media Center
(If provided) CoList: from

List Price
$1,049,000
Price Change
▼ $50,000 1792078186
MLS#
CRDW26200437
Status
ACTIVE
Lot Size
6,258
Listing Area
C42 - Downtown L.A.

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

Additional Information

Cooling System
None
Floor Covering
Other
Garage Parking
Uncovered Parking
Heating System
Wall Furnace
Laundry Facilities
None
Lot Size
6,258
Neighborhood
C42 - Downtown L.A.
Numberof Units
4
Pool Description
31, None
Roof
Shingle, Composition
Style
Traditional
Unincorporated Yn
Yes

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Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.


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