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12-Bedroom Residential Income - 510 E 23rd Street, Los Angeles, CA

$849,000

510 E 23rd Street, Los Angeles, CA

510 E 23rd Street, Los Angeles, CA 90011 - $849,000 · 12 bd 6 ba Multi-Family Home for Sale, photo 1 510 E 23rd Street, Los Angeles, CA 90011 - $849,000 · 12 bd 6 ba Multi-Family Home for Sale, photo 2 510 E 23rd Street, Los Angeles, CA 90011 - $849,000 · 12 bd 6 ba Multi-Family Home for Sale, photo 3 510 E 23rd Street, Los Angeles, CA 90011 - $849,000 · 12 bd 6 ba Multi-Family Home for Sale, photo 4 510 E 23rd Street, Los Angeles, CA 90011 - $849,000 · 12 bd 6 ba Multi-Family Home for Sale, photo 5
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Description

Spectacular offering of a 12-unit SRO building just south of Downtown LA in the Historic Central submarket - SELLER WILL CARRY with 35% or more down. 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.

Property details

Bedrooms
12
Bathrooms
6
Square feet
6,936
Year built
1907
Property type
Residential Income
Lot size
8,494 sqft

Location

510 E 23rd Street • Los Angeles, CA 90011

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Listed by

Grant Linscott · Keller Williams Realty Los Feliz

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Listing courtesy of Keller Williams Realty Los Feliz. Information deemed reliable but not guaranteed.

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