510 E 23rd St, Los Angeles, CA 90011

$999,000
12
BD
6
BA
6,936
SqFt

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List Price
$999,000
Price Change
▼ $30,000 1774582884
MLS#
26651931
Year Built
1907
Bedrooms
12
Bathrooms
6
Living Sq. Ft
6,936
Lot Size
8,494
Days on Market
157
Property Type
Multifamily
Style
Victorian
Stories
3

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.

Additional Information

Other Buildings
None
Pool Description
None
Heat
Wall
Cooling
Window Unit(s)
View
City Lights, City, Hills
Number of Cars in Garage
Driveway, Gated
Water
In Street

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Calculator source: Real Geeks

Courtesy of Keller Williams Realty Los Feliz, Grant Linscott - CA DRE#01715002

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