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4,164 sqft

$1,049,000

915 E 23rd Street, Los Angeles CA, 90011

Price per sqft$251.92
Built in1968
Property size4,164 sqft
Property typeMulti-family

Overview

Active

Listed Sep 13, 2026

Updated 2 weeks ago

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.

$6,979/mo

Est. mortgage payment based on a $1,049,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
DW26200437

Interior Features

Heating
Yes
Basement
No

Exterior Features

Lot Size
0.14 Acres

Other Property Details

Maintenance Expense
$1,500
55+/Senior Community
No

Listed by Walner Hernandez, Keller Williams World Media Center, CA DRE 01318574

Listing Contact: 310-628-7008 

Based on information from the CRISNet MLS as of 10/15/2026, 10:32 AM UTC. 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. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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