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$ 999,000
Est. payment /mo
Active
510 E 23rd Street Los Angeles, CA 90011
6,936 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 6,936 sqft
Price per Sqft $144
MLS Listing ID CL26651931
HOA Y/N No
Year Built 1907
Lot Size 8,494 Sqft
Acres 0.195
Property Sub-Type Other
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.
Location
State CA
County Los Angeles
Zoning LAR2
Interior
Heating Wall Furnace
Fireplace No
Exterior
View Y/N true
View City Lights, Hills
Building
Water Other
New Construction No
Others
Tax ID 5127012004
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Listed by Grant Linscott • Keller Williams Realty Los Feliz