Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Bedrooms

2

Building size

2,560 sqft

Lot size

5,720 sqft

Year built

1905

Stories

1

Heating

Wall Furnace

Cooling

None

Pool

None

Status

Active

Days on market

19

MLS #

247858029

About this property

Incredible investment or owner-user opportunity in the heart of Los Angeles! This prime duplex delivers ultimate flexibility and immediate value. The property features a perfect setup: the upper unit will be delivered completely vacant, making it an absolute dream for an owner-occupant looking to house-hack or an investor wanting to hand-pick their next tenant at updated market terms. This remodeled upper unit features a new stove, sleek laminate flooring, washer/dryer hookups, and a spacious, formal dining room. The second unit features an unpermitted bonus bathroom and a stable, long-term tenant already in place. Both units offer comfortable, highly functional layouts. Situated proximate to DTLA, the property boasts an expansive, fenced-in backyard concrete parking area accessed off a maintained, paved alleyway. Retain immediate stability while capturing immediate upside. This multi-family asset is a rare find in today's market and a must-see! Schedule your tour today!"

Location

1373 E 23rd Street

Los Angeles, Los Angeles, CA, 90011