Property Detail

1026 23rd

Los Angeles CA 90011

$649,000

Status: Active

Property Details

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.

Map Location

Listing provided courtesy of Mark Perez of Circle Real Estate. Last updated 2025-01-22 09:11:27.000000. Listing information © 2020 CRMLS.

Stowell & Associates

Stowell & Associates

CA DRE# 01397481
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