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1623 E. 33rd St Los Angeles, CA 90011
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Key Details
Sold Price $760,000
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW25214333
Sold Date 10/14/25
Bedrooms 8
Lot Size 5,336 Sqft
Property Sub-Type Res Income 2-4 Units
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
Zoning Public Rec
Direction South of Adams, North of Vernon, West of Alameda
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5117006013
Acceptable Financing Cash, Exchange
Listing Terms Cash, Exchange
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Bought with Candice Uy T.N.G. Real Estate Consultants
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