About 1623 E. 33rd St
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!
Features of 1623 E. 33rd St
| MLS® # | PW25214333 |
|---|---|
| Price | $748,000 |
| Bedrooms | 8 |
| Bathrooms | 4.00 |
| Acres | 0.12 |
| Type | Residential Income |
| Sub-Type | Res Income 2-4 Units |
| Status | Closed |
Community Information
| Address | 1623 E. 33rd St |
|---|---|
| Area | LOS ANGELES (90011) |
| City | Los Angeles |
| County | Los Angeles |
| State | CA |
| Zip Code | 90011 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | No |
| Pool | N/K |
Interior
| Cooling | Wall/Window |
|---|---|
| Fireplace | Yes |
Exterior
| Lot Description | Sidewalks |
|---|
Additional Information
| Days on Market | 12 |
|---|---|
| Zoning | Public Rec |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | T.N.G. Real Estate Consultants |
|---|