CA > Los Angeles
Los Angeles, CA 90011,1623 E. 33rd St
Los Angeles, CA 90011,1623 E. 33rd St
Los Angeles, CA 90011,1623 E. 33rd St
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$748,000
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5,336 Sqft Lot
New

1623 E. 33rd St Los Angeles, CA 90011

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David Mercado

David Mercado

+1(619) 770-9634

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25214333

HOA Y/N No

Year Built 1958

Lot Size 5,336 Sqft

Property Sub-Type Quadruplex

Property Description

Located just minutes from Crypto.com Arena (formerly Staples Center), Downtown Los Angeles, and USC, this well-maintained fourplex presents a strong investment with excellent growth potential. Each of the four units offers 2 bedrooms, 1 bathroom, a kitchen, and a dining area. Most of the units have been renovated with laminate flooring and fresh paint. The property features a NEW ROOF, NEW WATER HEATERS, refurbished stairs and deck, and ample on-site parking for seven vehicles plus street parking. The property encompasses 2,438 sq. ft. of living space on a 5,334 sq. ft. lot. Current monthly rental income is $5,536 ($66,432 annually), with the ability to raise rents up to 3% annually and additional upside through future renovations or ADU development potential. This is an excellent opportunity for both seasoned investors and first-time buyers looking to grow their portfolio in one of Los Angeles' most dynamic rental markets. Strong cash flow and future growth make this a MUST-SEE FOR INVESTORS!

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Laminate, Tile

Fireplaces Type None

Fireplace No

Appliance Gas Cooktop, Water Heater

Laundry None

Exterior

Parking Features Uncovered

Pool None

Community Features Street Lights, Sidewalks, Urban

Utilities Available Electricity Available, Natural Gas Available, Sewer Connected, Water Connected

Roof Type Shingle

Accessibility Parking

Total Parking Spaces 7

Private Pool No

Building

Lot Description 2-5 Units/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 5117006013

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

CRMLS – RECore
Listed by Candice Uy T.N.G. Real Estate Consultants 562-895-0973

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David Mercado

David Mercado

Agent | License ID: 01391320

+1(619) 770-9634

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