$1,099,000
 $5,900 est/mo Sourced by Back At You

510 E 23rd Street,Los Angeles, CA 90011

Los Angeles, CA 90011

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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.

Details

MLS #25477527
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1907
Days On Site115
Listing Provided ByKeller Williams Realty Los Feliz | Grant Linscott

Features

Bed(s)12
Bath(s)6
SQ Feet6,936
Story(s)3
Units12
Building(s)1
ZoningLAR2
Acreage0.20
Property ViewYes

Interior

HeatingWall Furnace
Heating Yes / NoYes
AppliancesOven

Exterior

Security FeaturesGated Community

Parking

Parking FeaturesDriveway, Gated

Utilities

SewerOther

Location

Community FeaturesGated

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Learn More About This Property

StateCA
CountyLos Angeles
CityLos Angeles
Zip Code90011
AreaC42 Downtown L.A.
Sourced by Back At You
Listing Updated: July 1, 2025 at 8:21:24 PM PDT