510 E 23rd St, Los Angeles, CA 90011 – 24-433997

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$1,149,000

Est. payment - /mo

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12 BD

6 BA

6,936 SqFt

Price Dropped by $50K

510 E 23rd St Los Angeles, CA 90011

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Norma Mardelli

norma@mardellirealestate.com +1(818) 400-3794

UPDATED:

11/14/2024 09:31 PM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 6,936 sqft

Price per Sqft $165

MLS Listing ID 24-433997

Style Victorian

Bedrooms 12

Year Built 1907

Lot Size 8,494 Sqft

Acres 0.195

Property Description

Spectacular offering of a 12-unit building in the Historic Central submarket of Los Angeles. Just south of downtown LA, this stylish building provides the perfect opportunity to add value as well as significant upside in rents. The unit mix is 12 Single Room Occupancies (SRO) with 6 two bedroom tandem units with separate exterior entrances to the 2nd bedrooms and 6 one bedroom units. There is a large gated parking area with room for 10+ cars. Coin Laundry brings in an additional $6,302/year. Located in the heart of the Historic Central neighborhood, just south of Downtown LA and Los Angeles, the property is near local employment, and entertainment centers such as South Park, LA Live and Crypto Arena. Also, rapidly developing areas like USC, the Arts District, Exposition Park and Koreatown. The neighborhood is considered highly walkable with easy access to freeways, shops and public transportation.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Wall

Cooling Window Unit(s)

Equipment None

Laundry Laundry Area

Exterior

Parking Features Driveway, Gated

Garage Spaces 10.0

Pool None

View Y/N Yes

View City Lights, City, Hills

Building

Story 3

Sewer In Street

Water In Street

Architectural Style Victorian

Level or Stories Multi/Split

Others

Special Listing Condition Standard

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The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Keller Williams Realty Los Feliz