1472 E 23rd, Los Angeles, California 90011, Los Angeles, 90011 - 0 bed, 0 bath
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Los Angeles, California 90011
This 1913 quadruplex presents a High-Potential Investment Opportunity with a List Price of $908,000—positioned above the $881,205 Fair Market Value. While the property requires a comprehensive rehab due to its Condition Rating of 5, the 4,076 sqft footprint and diverse unit mix offer significant revenue-generating potential. Featuring a deck and patio, this asset is well-suited for Buy-and-Hold Investors or Contractors capable of modernizing the aging infrastructure to maximize long-term rental yields in this central Los Angeles location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1472 E 23rd Subject | $908,000* List Price | 0 | 0 | 4,076 | $216 | - |
A 1362 E 20th Street Active | $678,888 List Price | 0 | 0 | 3,380 | $201 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1913, this 111-year-old quadruplex shows significant signs of deferred maintenance and age. The exterior siding and stairs appear weathered, and the provided bathroom image reveals dated fixtures, basic finishes, and potential plumbing/wall wear. Given the age and lack of documented renovations to major systems (HVAC/Electric), the property likely requires a comprehensive rehab.
This quadruplex offers a diverse unit mix, including a large 4-bedroom unit and a separate back house, providing multiple revenue streams and maximizing rental yield for investors.
Located in the Downtown L.A. area with close proximity to major freeways, shopping, and dining, the property is positioned in a high-demand rental market with excellent accessibility.
With over 4,000 square feet of living area on a 6,407 square foot lot, the property provides a significant footprint and scale rarely found at this price point in Los Angeles.
Built in 1913, the property may require significant capital improvements to modernize electrical, plumbing, and structural systems to meet current building standards.
The surrounding public schools have low performance ratings, which may limit the property's appeal to long-term family tenants and impact future appreciation rates.
Excellent Investment opportunity !!! This income -producing property features three front units, offering 2 bedrroms and 1 Bathdroom, 1 studio 1 bathdroom, 4 bedroom 2 bathdrrom and a house on the back with 3 bedrooms 1.5 bathdroom. Conveniently located near shopping, dinning and major freeways.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades K-5 • 0.4 mi
Grades K-5 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 0.0 | 5.0 |
| Baths | 0.0 | 3.0 |
| Square foot | 4,076 | 2,250 |
| Lot Size | 6,407 | 5,864 |
| Price | $908.0K | $826.7K |
| Price per sq ft | $223 | $395 |
| Built year | 1913 | 1925 |
| HOA | $0 | $0 |
| Days on market | 3 | 83 |
Jul 20, 2026
$908,000
Initial Listing
Dec 31, 2013
$350,000
Public Record
Apr 6, 1999
$155,000
Public Record