For Sale Multi-Family MLS# DW26200437

915 E 23rd Street

Los Angeles, CA 90011

$1,049,000

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About 915 E 23rd Street

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 details

Property

Type
multi
Year built
1968
Living area
4,164 sqft
Price / sqft
$252
Lot
0.1437 ac
List date
Sep 13, 2026

Schools

District
Los Angeles Unified School District

Location

Subdivision
Historic South Central
Neighborhood
Historic South Central

Location

Neighborhood
Historic South Central
School district
Los Angeles Unified School District

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Listed by Walner Hernandez, Keller Williams World Media Center

Listing information is provided by the participating MLS / IDX program and is deemed reliable but not guaranteed. All information should be independently verified. Equal Housing Opportunity.