1623 E. 33rd St, Los Angeles, CA 90011
- $760,000
- Sold Price
- $760,000
- List Price
- $748,000
- Closing Date
- Oct 14, 2025
- Status
- CLOSED
- MLS#
- PW25214333
- Year Built
- 1958
- Lot Size
- 5,336
- Acres
- 0.12
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 4
- Property Type
- Multifamily
- 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!
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Additional Information
- Appliances
- Gas Cooktop, Water Heater
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Roof
- Shingle
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 4
- Gross Scheduled Income
- $66,436
- Operating Expense
- 13692
- Parking Spaces
- 7
Listing courtesy of Listing Agent: Candice Uy (candzuy@gmail.com) from Listing Office: T.N.G. Real Estate Consultants.
Listing sold by Candice Uy from T.N.G. Real Estate Consultants
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.