CA > Los Angeles
Los Angeles, CA 90013,553 Ceres Ave
$1,850,000
Est. payment /mo
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5,430 SqFt
Active

553 Ceres Ave Los Angeles, CA 90013

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Jason Tomei

Jason Tomei

+1(702) 802-8142

UPDATED:

02/13/2025 07:01 AM

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,430 sqft

Price per Sqft $340

MLS Listing ID 25495039

Year Built 1903

Lot Size 3,858 Sqft

Acres 0.0886

Property Sub-Type Multi-Family

Property Description

Looking for a 8 cap day one with upside to a 10 cap- look no further. This 28 unit SRO building (SRO means Single Room Occupancy - they are like hotel rooms - no kitchens ) may be the right one for you. Located on the border of Downtowns thriving Arts District ( although it does touch Skid Row ) it is located on Ceres Street , which is only one street west of Central - the dividing line to the Arts District. This could be a cool starving artists rental community. Skid Row is going through some heavy revitalization with multiple developments being erected. $2B project on 5th and Central to name one of a few being worked on. We are on 6th and Central. There is also the $47.5-million Skid Row Connectivity & Safety Project in the works. Some of the rooms share common bathrooms on each floor. Some have private bathrooms. No Kitchens in these rooms.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LAM2

Rooms

Other Rooms None

Interior

Heating Forced Air

Cooling None

Equipment None

Exterior

Parking Features None

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

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 Calabasas

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Jason Tomei

Agent | RE.S.0176035

+1(702) 802-8142

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553 Ceres Ave