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510 E 23Rd Street

Los Angeles, CA 90011

$1,199,000

List Price

12

bed Beds

6

shower Baths

6,936 sqft

straighten / sqft

1907

calendar_month Built

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.

Listing Information

List Price $1,199,000
Status Active
MLS 24433997
Type Residential Income
Year Built 1907
Lot Size 8,494
Structure Size 6,936
DOM 11
Courtesy Of Keller Williams Realty Los Feliz
Listing Agent Grant Linscott DRE#01715002

Interior Features

Total Bedroom
Bedrooms 12
Total Bathroom
Bathrooms 6

Exterior Information

Maps

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Listing information courtesy of: Grant Linscott, Keller Williams Realty Los Feliz . *Based on information from the Association of REALTORS/Multiple Listing as of Sep 30th, 2024 at 5:50 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.