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$760,000
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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!
Full Property Details
Full Property Details for 1623 E 33rd St
General
- Sold For: $760,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25214333
- Added to Site: 127 day(s) ago
Interior
- Rooms/Areas: Kitchen, Living Room
- Fireplace(s): None
- Appliances: Gas Cooktop, Water Heater
- Flooring: Laminate, Tile
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
Parking
- Parking Features: Uncovered
- Parking: Uncovered
Location
- Area: C37 - Metropolitan South
- County: Los Angeles
- Development Name: C37 - Metropolitan South
- Driving Directions: South of Adams, North of Vernon, West of Alameda
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Roof: Shingle
- Entry Location: 1
- Square Feet: 2,438
- Year Built: 1958
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.1225
- Lot Size Source: Public Records
- Lot Description: 2-5 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $311.73
- Price Per Unit: 187000
Listed and Sold by T.N.G. Real Estate Consultants, Candice Uy
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Schools
Schools serving 1623 E 33rd St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Nevin Avenue Elementary School 1569 East 32nd Street, Los Angeles, CA 90011 | K-5 | 0.1 mi |
Dr. Julian Nava Learning Academies-School Of Business And Technology 1420 East Adams Boulevard, Los Angeles, CA 90011 | 6-8 | 1.8 mi |
Nava College Preparatory Academy 1319 East 41st Street, Los Angeles, CA 90011 | 9-12 | 0.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1623 E 33rd St
Date
Details
Price
Change
Source
10/14/2025
Sold
$760,000
1.6%
MLS
9/17/2025
Listed
$748,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1623 E. 33rd St, Los Angeles, CA 90011 (MLS# PW25214333) is a Multi-Family property that was sold at $760,000 on October 14, 2025. Want to learn more about 1623 E. 33rd St? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

