915 E 23rd Street, Los Angeles, CA — listing photo 1
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FOR SALENew Listing

915 E 23rd Street

Los Angeles, CA 90011
6,258 Lot Sq Ft
Built 1968
$1,099,000

Property Overview

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.

Home Details

Property type
Residential Income - Quadruplex
Year built
1968
Lot size
6,258 sq ft
Parking
2 spaces
Stories
2
Days on market
1
MLS status
Active
Architectural style
Traditional

Features & Amenities

Parking

  • Uncovered

Pool

  • None

Lot

  • Back Yard
  • Yard

Security

  • Carbon Monoxide Detectors
  • Smoke Detectors

Community, Schools & Utilities

Community

View
None

Utilities

Heating
WallFurnace
Cooling
None
Electric
Standard
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

915 E 23rd Street

Los Angeles, CA 90011

Frequently Asked Questions About 915 E 23rd Street

Property type: Residential Income

The current asking price is $1,099,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 915 E 23rd Street. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 1968. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Los Angeles, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Los Angeles property.
The MLS currently reports the property as Active. It has been listed for 1 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Reza Barghlameno

eXp of California

Listing Agent

Name: Walner Hernandez
MLS ID: DWHERWAL

Available property

$1,099,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.