510 E 23rd ST Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90011
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 6,936 sqft
Price per Sqft $165
MLS Listing ID 24433997
Bedrooms 12
Year Built 1907
Lot Size 8,494 Sqft
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 C42 - Downtown L.A.
Zoning LAR2
Interior
Heating Wall Furnace
Exterior
Garage Driveway,Gated
Pool None
Community Features Gated
View Y/N Yes
View City Lights,Hills
Building
Story 3
Sewer Other
New Construction No
Others
Special Listing Condition Standard