1026 E 23Rd Street

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.

Listing information courtesy of: Mark Perez, Circle Real Estate . *Based on information from the Association of REALTORS/Multiple Listing as of 01/31/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.