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$ 649,000
Est. payment /mo
Active
1026 E 23rd Street Los Angeles, CA 90011
4 Beds
3 Baths
6,264 Sqft Lot
UPDATED:
01/21/2025 09:55 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID RS25012412
Bedrooms 4
HOA Y/N No
Lot Size 6,264 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
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 well-maintained and thoughtfully remodeled property features a 4-bedroom, 2-bathroom front house and a separate 2-bedroom, 1-bathroom back unit, 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.
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 well-maintained and thoughtfully remodeled property features a 4-bedroom, 2-bathroom front house and a separate 2-bedroom, 1-bathroom back unit, 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.
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 well-maintained and thoughtfully remodeled property features a 4-bedroom, 2-bathroom front house and a separate 2-bedroom, 1-bathroom back unit, 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.
Location
State CA
County Los Angeles
Area Los Angeles (90011)
Zoning Estimated
Building
Lot Description Curbs, Sidewalks
Story 2
Lot Size Range 4000-7499 SF
Sewer Sewer Connected
Level or Stories 2 Story
Others
Monthly Total Fees $32
Acceptable Financing Cash, Conventional, Exchange
Space Rent $1,711
Listing Terms Cash, Conventional, Exchange
Listed by Mark Perez • Circle Real Estate