2223 S Highland Ave Los Angeles, CA 90016
Mid-City NeighborhoodEstimated payment $16,662/month
Total Views
1,216
16
Beds
17
Baths
6,641
Sq Ft
$436
Price per Sq Ft
Highlights
- No Units Above
- Modern Architecture
- Balcony
- Open Floorplan
- Neighborhood Views
- Living Room
About This Home
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
Listing Agent
Myunits.com Inc. Brokerage Phone: 805-973-7470 License #02064825 Listed on: 07/01/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,654
Year Built
- Built in 2024
Lot Details
- 5,013 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Fenced
- New Fence
- Landscaped
- Level Lot
Parking
- 4 Open Parking Spaces
- 1 Car Garage
Home Design
- Modern Architecture
- Quadruplex
- Turnkey
Interior Spaces
- 6,641 Sq Ft Home
- 3-Story Property
- Open Floorplan
- Recessed Lighting
- Living Room
- Neighborhood Views
Kitchen
- Gas Range
- Microwave
- Freezer
- Dishwasher
- Disposal
Flooring
- Laminate
- Tile
Bedrooms and Bathrooms
- 16 Bedrooms
- 17 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Outdoor Features
- Balcony
- Exterior Lighting
Utilities
- Central Heating and Cooling System
Listing and Financial Details
- Tax Lot 889
- Tax Tract Number 1566
- Assessor Parcel Number 5062018031
- $256 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Electric Expense $1,000
- Gardener Expense $1,200
- Insurance Expense $3,985
- Maintenance Expense $1,600
- New Taxes Expense $34,731
- Operating Expense $42,516
- Gross Income $220,800
- Net Operating Income $169,452
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $10,654 | $2,311,740 | $707,472 | $1,604,268 |
| 2024 | $10,654 | $867,000 | $693,600 | $173,400 |
| 2023 | $2,554 | $191,596 | $153,288 | $38,308 |
| 2022 | $2,445 | $187,840 | $150,283 | $37,557 |
| 2021 | $2,409 | $184,158 | $147,337 | $36,821 |
| 2019 | $2,341 | $178,698 | $142,968 | $35,730 |
| 2018 | $2,274 | $175,195 | $140,165 | $35,030 |
| 2016 | $2,170 | $168,394 | $134,723 | $33,671 |
| 2015 | $2,140 | $165,866 | $132,700 | $33,166 |
| 2014 | $2,158 | $162,618 | $130,101 | $32,517 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/01/2025 07/01/25 | For Sale | $2,895,000 | 0.0% | $436 / Sq Ft |
| 10/10/2024 10/10/24 | Price Changed | $4,750 | -1.0% | $3 / Sq Ft |
| 10/08/2024 10/08/24 | Off Market | $4,800 | -- | -- |
| 10/07/2024 10/07/24 | For Rent | $4,800 | +6.8% | -- |
| 09/04/2024 09/04/24 | For Rent | $4,495 | -6.4% | -- |
| 09/04/2024 09/04/24 | For Rent | $4,800 | 0.0% | -- |
| 06/15/2023 06/15/23 | Sold | $850,000 | -10.5% | $584 / Sq Ft |
| 03/27/2023 03/27/23 | Pending | -- | -- | -- |
| 03/20/2023 03/20/23 | Price Changed | $950,000 | -5.0% | $652 / Sq Ft |
| 03/19/2023 03/19/23 | For Sale | $999,999 | 0.0% | $687 / Sq Ft |
| 03/10/2023 03/10/23 | Pending | -- | -- | -- |
| 02/02/2023 02/02/23 | For Sale | $999,999 | -- | $687 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | None Listed On Document | |
| Gift Deed | -- | Wfg National Title | |
| Quit Claim Deed | -- | Fidelity National Title | |
| Grant Deed | $850,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Investors Title Company |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $1,500,000 | New Conventional | |
| Previous Owner | $1,314,627 | Construction | |
| Previous Owner | $400,000 | New Conventional | |
| Previous Owner | $100,000 | Credit Line Revolving | |
| Previous Owner | $320,800 | Unknown | |
| Previous Owner | $292,500 | Unknown | |
| Previous Owner | $163,500 | New Conventional |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: BB25147864
APN: 5062-018-031
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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