510 E 23rd Street Active

Los Angeles,CA 90011

$ 1149000

- Bed

0 Bath

6936 SqFt


Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 6,936 sqft

Price per Sqft $165

MLS Listing ID CL24433997

HOA Y/N No

Year Built 1907

Lot Size 8,494 Sqft

Acres 0.2

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 Listing

Zoning LAR2

Interior

Heating Wall Furnace

Fireplace No

Exterior

Utilities Available Other Water/Sewer

View Y/N true

View City Lights,Hills

Building

Water Other

New Construction No

Others

Tax ID 5127012004

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