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.
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
Price:
$1,099,000
MLS #:
DW26200437
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Quadruplex
Neighborhood:
c42downtownla
Listed Date:
Sep 14, 2026
Total Sq Ft:
4,164
Lot Size:
6,258 sqft / 0.14 acres (approx)
Year Built:
1968
See this Listing
Schools
Interior
Cooling
NO
Flooring
SEE
Heating
WL
Laundry Features
NO, SEE
Levels
U
Exterior
Architectural Style
TRD
Common Walls
_2CW
Community Features
SDW, SL
Construction Materials
STC
Fencing
WI
Parking Spots
2
Parking Total
2
Roof
CMP, SHN
Security Features
SD, COD
Spa Features
NO
View
NO
Financial
Maintenance Fee
$1,500
Map
Community
- Address915 E 23rd ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90011
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Oct 01, 2026
9,304
Single Family Listed
84
Avg DOM
438
Avg $ / SqFt
$1,576,595
Avg List Price
Property Summary
- 915 E 23rd ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90011. It is listed for $1,099,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1968. The average price per square foot for Single Family listings in Los Angeles is $438. The average listing price for Single Family in Los Angeles is $1,576,595.
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