510 E 23rd Street, Los Angeles, CA 90011
- $999,000
- 12
- BD
- 6
- BA
- 6,936
- SqFt
- List Price
- $999,000
- Price Change
- ▼ $30,000 1774583393
- Status
- ACTIVE
- MLS#
- 26651931
- Year Built
- 1907
- Bedrooms
- 12
- Bathrooms
- 6
- Living Sq. Ft
- 6,936
- Lot Size
- 8,494
- Acres
- 0.20
- Days on Market
- 95
- Property Type
- Multifamily
- Style
- Victorian
- Stories
- Multi Level
Property Description
New Price! **Sellers open to carry with 40% down payment** - Spectacular offering of a 12-unit SRO 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 the units having their own separate exterior entrances and 6 total bathrooms with each bath between two 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.
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Additional Information
- Appliances
- Oven
- Pool Description
- None
- Heat
- Wall Furnace
- View
- City Lights, Hills
- Sewer
- Other
- Attached Structure
- Detached
- Number Of Units Total
- 12
Listing courtesy of Listing Agent: Grant Linscott (grantlinscottproperty@gmail.com) from Listing Office: Keller Williams Realty Los Feliz.
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