$575,000
Pending

1026 E 23rd Street

Los Angeles, CA 90011
0.14 acres | #RS25012412
Listing OfficeCircle Real Estate
Browse 4 photos
Type:Multi-Family
Structure:3 Family
Zone:Residential

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 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
      • Lot DescriptionZeroToOneUnitAcre
      • Property TypeMulti-Family
      • Sewer InformationSewerTapPaid
      • CountyLos Angeles
      • MLS #RS25012412
      • MLS #RS25012412
      • Original List Price$649,000
      • Property SubtypeTriplex
      • Acres0.1438
      • Utility SourcePublic
      • Cost575000
      • Year Built1928
      • Stories2

Location

Paula Stafford EstatesReal Estate Group
OR

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Interest Rate

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6.0%

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2.6%
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