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Two-Home Multifamily Property
New
For Sale
$1,495,000

1619 W 23rd St, Los Angeles, CA 90007

Updated residences on a corner lot include one home delivered vacant.

Property Size3,609 SF
Days on Market5

Property Features for 1619 W 23rd St

General Information

Standard status Active
Size 3,609 SF
Property subtype MULTI_FAMILY

Additional Details

Highway Access Yes

Building Details

Building Size 3,609 SF
Year Built 1908
Buildings 2
Tenancy Multi
Listing Agency: Keller Williams Beverly Hills
Listed By: Lee Ziff · License #01212150
Source: Rochellemaize
Added: Jul 30 Changed: Aug 3 Last Checked: Aug 3 at 7:16AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Beverly Hills

Investment Insights

Based on property information with market context.

This multifamily property includes two separate homes on one corner lot, with one residence facing W 23rd Street and the other on Raymond Avenue. The W 23rd Street home contains 3 bedrooms and 3 bathrooms and will be delivered vacant at closing. The Raymond Avenue residence offers 4 bedrooms and 4 bathrooms, with mature bamboo surrounding the home. Both residences have been updated with modern finishes. Built in 1908, the property offers a residential configuration suited to owner occupancy, rental use, or a combination of both, as supported by the existing layout.

The property is near USC, the Lucas Museum, Exposition Park, California Science Center, the African American Museum, Space Shuttle Endeavor, BMO Stadium, and Memorial Coliseum. Downtown Los Angeles, major freeways, and the Expo Line are also nearby.

Key Highlights

  • Two separate homes occupy one corner lot
  • W 23rd Street home includes 3 bedrooms and 3 bathrooms
  • Raymond Avenue home offers 4 bedrooms and 4 bathrooms

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Law Firm Real Estate Agency (Bike/Boat/Book/etc) Store Skin Care Clinic HVAC Service Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

5,227
Businesses Nearby

Demographics for 90007, CA

40,944
Population
14,153
Households
2.9
Avg Household Size
28
Median Age
29%
College-Educated
63%
High-School Grad
2.4 sq mi
ZIP Area
17,060
Density / Sq Mi
$36,032
Median Household Income
$21,176
Median Earnings
$1,480
Median Rent
$852,900
Median Home Value

Market

Average Price Trend$/SF for Multifamily properties in Los Angeles, CA

$513 Feb
$513 Mar
$506 Apr
$506 May
$304 Jun
$440 Jul

Properties on Market for Multifamily properties in Los Angeles

Feb
Mar
Apr
May
Jun
Jul

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Multifamily property - Updated residences on a corner lot include one home delivered vacant.
Where is this multifamily property located?
The property is located at 1619 W 23rd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Two separate homes occupy one corner lot; W 23rd Street home includes 3 bedrooms and 3 bathrooms; Raymond Avenue home offers 4 bedrooms and 4 bathrooms
More about this property
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