This is a rare investment opportunity to acquire a high-performing, income-generating property at the cost of a single-family home. Positioned on a spacious corner lot. This property features a 2-bedroom, 1-bathroom front house two separate 1-bedroom, 1-bathroom back units, both fully occupied by long-term, dependable tenants, delivering immediate and steady rental income. The property is gated for privacy, includes ample parking, and is strategically located near USC, Bank of California Stadium, downtown LA, museums, parks, shopping, dining, and major freeways. With low maintenance expenses, separately metered utilities, and strong potential for rental growth in a highly sought-after metropolitan area, this property is an ideal acquisition for seasoned investors or first-time buyers seeking a secure and lucrative addition to their portfolio.
Property Details
Price:
$575,000
MLS #:
RS25012412
Status:
Active
Baths:
0
Address:
1026 E 23rd Street
Type:
Residential Income
Subtype:
Triplex
Neighborhood:
c37metropolitansouth
City:
Los Angeles
Listed Date:
Jan 17, 2025
State:
CA
ZIP:
90011
Lot Size:
6,264 sqft / 0.14 acres (approx)
Year Built:
1928
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Schools
Interior
Exterior
Community Features
Curbs, Sidewalks, Street Lights
Garage Spaces
0.00
Lot Features
0-1 Unit/ Acre
Parking Features
Driveway, Gated, Off Street, On Site, Uncovered
Parking Spots
6.00
Pool Features
None
Sewer
Sewer Paid
Spa Features
None
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address1026 E 23rd Street Los Angeles CA
- AreaC37 – Metropolitan South
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
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1026 E 23rd Street
Los Angeles, CA
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