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Sold for $850,000 on 06/15/23
  • Listing Provided by: 
    $850,000

    2223 S Highland Ave, Los Angeles, CA 90016

    --beds
    --baths
    6,641sqft
    Quadruplex
    Built in 2024
    -- sqft lot
    $2,831,500 Zestimate®
    $128/sqft
    $5,082 Estimated rent

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    $5,082/mo

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    $5,082/mo

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    $5,209/mo

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    $5,209/mo

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    What's special

    Introducing 2223 S Highland Ave, a newly built, fully leased, modern fourplex in the heart of Mid-City, one of Los Angeles’ most dynamic and rapidly evolving neighborhoods. Completed in 2024, this thoughtfully designed property offers four spacious units, each featuring four bedrooms and 3.5 to 4.5 bathrooms—a highly desirable layout for today’s renters. Designed with modern living in mind, each unit showcases open-concept floor plans, abundant natural light, and contemporary finishes. The sleek kitchens are equipped with quartz countertops, custom cabinetry, and stainless steel appliances, seamlessly flowing into inviting living and dining areas. Additional features include in-unit laundry, private balconies, and ample storage, ensuring maximum comfort and convenience for tenants. The property is separately metered for gas, electricity, and water, reducing expenses and increasing efficiency for investors. Located in Mid-City, one of LA’s most sought-after neighborhoods, this property is perfectly positioned between Culver City, West Adams, and Downtown LA—areas known for their booming job markets, cultural hotspots, and vibrant culinary scenes. Just minutes from some of the city's most beloved dining and cultural hotspots, residents can enjoy coffee at Highly Likely, indulge in Italian cuisine at Cento, savor coastal Mexican flavors at Chulita, and explore the contemporary art exhibitions at Thinkspace Gallery. With trendy restaurants, boutique cafes, and creative spaces just around the corner, this location provides an exciting urban lifestyle with excellent rental demand. With its prime location, strong rental market, and low-maintenance new construction, 2223 S Highland Ave presents an exceptional opportunity for investors seeking

    Zillow last checked: 7 hours ago

    Listing updated: July 03, 2025 at 06:53am

    Source: CRMLS,MLS#: BB25147864MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Heating
    • Central
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Freezer, Disposal, Gas Range, Microwave, Refrigerator, Dryer, Washer
    • Laundry: Inside
    Features
    • Balcony, Open Floorplan, Recessed Lighting
    • Flooring: Laminate, Tile
    • Common walls with other units/homes: 1 Common Wall,No One Above,No One Below
    Interior area
    • Total structure area: 6,641
    • Total interior livable area: 6,641 sqft

    Property

    Parking
    • Total spaces: 5
    • Parking features: Garage
    • Garage spaces: 1
    • Uncovered spaces: 4
    Features
    • Levels: Three Or More
    • Stories: 3
    • Entry location: 1
    • Pool features: None
    • Fencing: New Condition
    • Has view: Yes
    • View description: Neighborhood
    Lot
    • Size: 5,013 sqft
    • Features: Landscaped, Level, Street Level
    Details
    • Parcel number: 5062018031
    • Zoning: LARD2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Modern
    • Property subtype: Quadruplex
    • Attached to another structure: Yes
    Condition
    • Turnkey
    • New construction: No
    • Year built: 2024

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & neighborhood

    Community
    • Community features: Curbs, Street Lights, Sidewalks
    Location
    • Region: Los Angeles

    HOA & financial

    Other financial information
    • Total actual rent: 18400

    Other

    Other facts
    • Listing terms: Submit
    • Road surface type: Paved
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    Estimated market value
    $2,831,500