915 E 23rd ST, Los Angeles, CA 90011
915 E 23rd ST, Los Angeles, CA 90011
915 E 23rd ST, Los Angeles, CA 90011
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Lucio Real Estate Group

Lucio Real Estate Group

+1(805) 512-0065
$1,049,000
Est. payment /mo
6,259 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW26200437

HOA Y/N No

Year Built 1968

Lot Size 6,259 Sqft

Property Sub-Type Quadruplex

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

Cooling None

Flooring See Remarks

Fireplaces Type None

Fireplace No

Laundry None, See Remarks

Exterior

Parking Features Uncovered

Fence Wrought Iron

Pool None

Community Features Street Lights, Sidewalks

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

View Y/N No

View None

Roof Type Composition,Shingle

Total Parking Spaces 2

Private Pool No

Building

Lot Description Back Yard, Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Traditional

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5131016026

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Energy Description 1200.0

Acceptable Financing Cash, Cash to New Loan, Conventional, FHA, Submit

Listing Terms Cash, Cash to New Loan, Conventional, FHA, Submit

Special Listing Condition Standard

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Listed by Walner Hernandez Keller Williams World Media Center 310-628-7008, DRE #01318574

Nearby Locations

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Lucio Real Estate Group
Lucio Real Estate Group

Broker Associate License ID: 01893011

+1(805) 512-0065

www.LucioRealEstate.com

1000 Town Center Dr #300, Oxnard, CA 93036, USA

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915 E 23rd ST

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