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!
Sold for $760,000 on 10/14/25
Listing Provided by:
Candice Uy DRE #02003122 562-895-0973,
T.N.G. Real Estate Consultants
Bought with: T.N.G. Real Estate Consultants
$760,000
1623 E 33rd St, Los Angeles, CA 90011
16beds
8baths
2,438sqft
Quadruplex
Built in 1958
-- sqft lot
$759,900 Zestimate®
$312/sqft
$1,770 Estimated rent
Owner options
What's special
Zillow last checked: 8 hours ago
Listing updated: October 15, 2025 at 09:38am
Listing Provided by:
Candice Uy DRE #02003122 562-895-0973,
T.N.G. Real Estate Consultants
Bought with:
Candice Uy, DRE #02003122
T.N.G. Real Estate Consultants
Source: CRMLS,MLS#: PW25214333
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 8
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Cooktop, Water Heater
- Laundry: None
Features
- Flooring: Laminate, Tile
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,438
- Total interior livable area: 2,438 sqft
Property
Parking
- Total spaces: 7
- Parking features: Uncovered
- Uncovered spaces: 7
Accessibility
- Accessibility features: Parking
Features
- Entry location: 1
- Pool features: None
Lot
- Size: 5,336 sqft
- Features: 2-5 Units/Acre
Details
- Parcel number: 5117006013
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Roof: Shingle
Condition
- New construction: No
- Year built: 1958
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Natural Gas Available, Sewer Connected, Water Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Street Lights, Sidewalks, Urban
Location
- Region: Los Angeles
Other
Other facts
- Listing terms: Cash,Cash to New Loan,1031 Exchange
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Estimated market value
$759,900