$1,099,000

915 E 23rd Street, Los Angeles, CA 90011

4,164 sqft

Multi-Family Home
Built in 1968
6,260sqft lot
—— car garage
$264/sqft
Listed 9 days ago

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.

Listing Status:: Active
Date Added:: September 13, 2026
Data Last Updated:: September 22, 2026 at 9:16PM
Listing Office:: Keller Williams World Media Center : 818-239-3500
Listing Agent:: Walner Hernandez : 310-628-7008
Contact:: 310-628-7008
MLS ID:: DW26200437

Laundry: NoneSee Remarks
Flooring: See Remarks
A/C: None
Heating: Wall Furnace
Fireplace: None

General: None
Style: Traditional
Pool: None
Parking: UncoveredParking spaces: 2

Roofing: CompositionShingle
General: Stucco2

Road/Access: City Street
HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
County: Los Angeles

Zoning: 5131016026
View: None
Fencing: Wrought Iron

Utilities: Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedStandard
Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

This listing courtesy of Walner Hernandez , Keller Williams World Media Center

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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