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915 E 23rd StreetLos Angeles, CA 90011

Los Angeles County

$1,049,000List price
4,164Sq Ft
1968Year built
0.14Acre lot
2Stories
7 weeks agoOn market

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.

Property Information

Property type
Residential Income
Sub-type
Quadruplex
Style
Traditional
Year built
1968
Stories
2
Building area
4,164 Sq Ft
Lot size
0.14 acres
Parking spaces
2
Days on market
50
MLS® Listing#
DW26200437

Property Features

Cooling
None
Heating
Wall Furnace
Flooring
See Remarks
Fireplace
None
Pool
None
Laundry
None · See Remarks
Fencing
Wrought Iron
Lot features
Back Yard
Construction
Stucco
Roof
Composition · Shingle
Security
Carbon Monoxide Detector(s) · Smoke Detector(s)
Community
Street Lights · Sidewalks
Utilities
Electricity Connected · Natural Gas Connected · Sewer Connected · Water Connected
Sewer
Public Sewer
Water source
Public

Financial Details

HOA
None
Parcel number
5131016026

Directions

SAN PEDRO ST & 23RD ST.

Listing Courtesy: Keller Williams World Media Center - 310-628-7008

Presented by: Walner Hernandez

Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-13T00:00:00.000Z and/or other sources. 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.

Licensed in the state of California.

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