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1030 W 23rd Street Los Angeles, CA $ 1,700,000
1030 W 23rd Street
$ 1,700,000
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1030 W 23rd Street

Los Angeles, CA, 90007
$ 1,700,000
Bedrooms13 Baths2.0 Sq 4,480

Monthly Estimate*

$ 10,467

Listed by Marcus & Millichap
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Multi-Family Home for sale in Los Angeles, CA

for $1,700,000 with 13 bedrooms and 2 full baths. This 4,480 square foot home was built in 1898 on a lot size of 0.1218.

We are pleased to offer for sale a 4-unit (3 + 1 ADU), 13-Bedroom student housing community located at 1030-1032.75 West 23rd Street. The property is situated north of Adams Boulevard and east of Hoover Street, within the USC Patrol Zone.The location offers walking-distance access to popular cafs, restaurants, and entertainment venues, and is only minutes from the University of Southern California (USC), the Los Angeles Memorial Coliseum, and Exposition Park. Its central position provides residents with convenient access to major employment hubs in Downtown Los Angeles and beyond, supported by nearby public transit and proximity to the I-10 and I-110 Freeways.Situated on an 5,304-square-foot lot, the property features two two-bedroom units, one four-bedroom units, and one newly constructed five-bedroom ADU. All units have been renovated with stainless steel kitchen appliances, laminate flooring, and modern bathroom finishes, showcasing a proven renovation program that resonates with USC students.1030 West 23rd street presents investors with a opportunity to acquire a well-managed USC student housing community within the sought-after USC Patrol ZoneThe Property is part of a five-property offering consisting of: (1) 1139-1143.75 West 27th Street (2) 2370-2372.5 Portland Street (3) 1030-1032.75 West 23rd Street (4) 1140-1142 West 25th St (5) 2325-2327 Portland Street. Properties may be purchased individually or in any combination thereof.

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Multi-Family Active

Price

$ 1,700,000

Bedrooms

13

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1218

Year Built

1898

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

26638857

Days on Market

2

Features
General
Living Area 4480
Zoning [Q]RD2-1XL-O-HPOZ
Year Built 1898
Stories Count 2
Levels Two
Gross Income 199740
County Los Angeles
Net Operating Income 132551
New Construction false
Property Type Residential Income
HOA false
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions North of Adams Boulevard and east of Hoover Street
City Los Angeles
Senior Community Y/N false
Number Of Units Total 4
MLS Area C42 - Downtown L.A.
Lot Size Units Square Feet
Lot Size Square Feet 5304
Standard Status Active
Cap Rate 7.8
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Interior
Total Stories 2
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 13
Total Baths 10
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Exterior
Parking Features None
Total Parking 0
Lot Size Area 5304
Number of Buildings 2
Building Area Total 4480
Lot Size Acres 0.1218
Lot Size Source Assessor
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* Excluded Features
List By
Marcus & Millichap

Broker

thesrgroup@marcusmillichap.com

Email

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$10,467
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/16/2026$1,700,000 Listed Price

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1030 W 23rd Street, Los Angeles, CA, 90007 is a Multi-Family Home for sale at $1,700,000 with 4,480 sqft and a lot size of 0.1218. 1030 W 23rd Street has 13 bedrooms, 2.0 baths, and was built in 1898. The property's zip code is 90007 which is in Los Angeles, CA