FOR SALE
2323 Wall St
Los Angeles, CA 90011
Central City
11 Beds
5 Baths
4,530 sqft
- 11 Beds
- 5 Baths
- 4,530 sqft
11 Beds
5 Baths
4,530 sqft
Local Information
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Commute Destination
Description
We are pleased to offer for sale a five-unit apartment community located at 2323 Wall Street. The subject property is conveniently located just south of the 10 Freeway within the dense South Los Angeles Sub-Market. South Los Angeles, nestled south of downtown, is a dynamic urban neighborhood where diverse cultures intermingle, creating a rich mosaic of traditions and experiences. South LA's strong sense of community shines through at local parks and venues, while recent urban revitalization efforts have brought new businesses and dining options. Situated on a 7,500 square foot parcel, the property is comprised of two-bedroom and three-bedroom units (buyer to verify unit configuration). There is 25% rental upside through interior renovations. Two units will be delivered vacant allowing new ownership to immediately renovate in order to achieve market rental rates. Ownership is only responsible for paying water utilities, tenants pay gas & electric. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate units and achieve superior future returns moving forward makes 2323 Wall Street an excellent acquisition opportunity. ***BUYER TO VERIFY UNIT CONFIGURATION***
Home Highlights
Parking
None
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$287
Listed
37 days ago
Home Details for 2323 Wall St
Interior Features |
|---|
Beds & Baths Number of Bedrooms: 11Number of Bathrooms: 5 |
Dimensions and Layout Living Area: 4530 Square Feet |
Heating & Cooling Heating: OtherHas CoolingAir Conditioning: OtherHas HeatingHeating Fuel: Other |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
Exterior Features |
|---|
Exterior Home Features Other Structures: None |
Parking & Garage No CarportNo GarageNo Attached GarageParking Spaces: 4Parking: None |
Days on Market |
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Days on Market: 37 |
Property Information |
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Year Built Year Built: 1903 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Price & Status |
|---|
Price List Price: $1,300,000Price Per Sqft: $287 |
Active Status |
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MLS Status: Active |
Location |
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Direction & Address City: Los Angeles |
Agent Information |
|---|
Listing Agent Listing ID: 23-337483 |
Building |
|---|
Building Area Building Area: 4530 Square Feet |
Lot Information |
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Lot Area: 7501.032 sqft |
Listing Info |
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Special Conditions: Standard |
Compensation |
|---|
Buyer Agency Commission: 2.5Buyer Agency Commission Type: % |
Notes The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed |
Miscellaneous |
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Mls Number: 23-337483 |
Last check for updates: about 20 hours ago
Listing courtesy of Sean Rosenzweig DRE # 01406343, (310) 513-3144
Marcus & Millichap, (310) 909-5500
Source: CLAW, MLS#23-337483
Price History for 2323 Wall St
| Date | Price | Event | Source |
|---|---|---|---|
| 04/03/2024 | $1,300,000 | PriceChange | CLAW #23-337483 |
| 12/05/2023 | $1,325,000 | Listed For Sale | CLAW #23-337483 |
| 01/21/2005 | $400,000 | Sold | N/A |
| 05/17/1999 | $187,246 | Sold | N/A |
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Property Taxes and Assessment
| Year | 2023 |
|---|---|
| Tax | $10,575 |
| Assessment | $792,845 |
Home facts updated by county records
Comparable Sales for 2323 Wall St
Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.40 | Multi-Family Home | $770,000 | 08/02/23 | 9 | 5 | 3,618 | |
0.48 | Multi-Family Home | $1,335,000 | 08/01/23 | 11 | 6 | 3,857 | |
0.49 | Multi-Family Home | $943,000 | 12/08/23 | 8 | 6 | 3,837 | |
0.37 | Multi-Family Home | $1,230,000 | 11/29/23 | 10 | 10 | 7,316 | |
0.87 | Multi-Family Home | $940,000 | 06/30/23 | 11 | 5 | 4,695 | |
0.46 | Multi-Family Home | $700,000 | 02/28/24 | 4 | 3 | 3,146 | |
0.34 | Multi-Family Home | $814,000 | 01/17/24 | 5 | 3 | 1,990 | |
0.73 | Multi-Family Home | $665,000 | 07/13/23 | 6 | 5 | 2,752 | |
0.19 | Multi-Family Home | $725,000 | 09/15/23 | 4 | - | 3,692 | |
0.54 | Multi-Family Home | $320,000 | 02/23/24 | 4 | 4 | 2,064 |
Neighborhood Overview
Neighborhood stats provided by third party data sources.
What Locals Say about Central City
- Grice475
- Resident
- 3mo ago
"Close to market.laundromat and bus stops to go walking or car also close to school kinder to high school"
- Trulia User
- Resident
- 6mo ago
"I lived here for 10 years. Not Very bad area, friendly different type of people. Buses running all day and cars and children and schools and stores to go to, even Donut store."
- Sandra M.
- Resident
- 9mo ago
"School, college, laundromats, stores , walking , neighbors, knowing where to go food places , and beaches, movies and parks the coliseum and shopping for clothes and our car washes shopping for furniture "
- Trulia User
- Resident
- 9mo ago
"City park after night events and after-school programs for kids available also shopping and market are closer to shop "
- Trulia User
- Resident
- 1y ago
"do not walk at night . it is too dangerous , be inside by 9 . store owners a super friendly and parking isn’t easily found "
- Trulia User
- Visitor
- 1y ago
"fairs, after-school programs, parks, markets near, late night food and coffee. meeting areas to gather with friends, public transportation near by 24 hour availability. churches, biking, shopping with local shop keepers. 24 hour Laundromat, medical care close, bakeries, drug stores, ATM at most businesses "
- Trulia User
- Resident
- 1y ago
"very culturally appreciated i felt so welcomed since i’ve been here, truly recommend this place , my #1 area"
- Trulia User
- Resident
- 2y ago
"Dogs are usually well behaved or kept inside. Dogs are always welcome in this community. Sometimes people don’t pick after their dog"
- Trulia User
- Prev. Resident
- 3y ago
"Very close to the alley and downtown staples center Santa Monica beaches and dodger stadium tacos are everywhere and raspados and elotes "
- Stephanie P.
- Resident
- 3y ago
"getting dangerous. lots of mental illness issues spilled over from skid row. theft, random attacks. would not recommend. looking to leave asap!"
- Francisco T.
- Resident
- 3y ago
"Ive lived in this neighborhood for about 11 years and it is a fairly good neighborhood that is near downtown , and transportation. There is however a bit of homeless , and graffiti . There also is sometimes robbery but this neighborhood is fairly good and its fun ! "
- Casey
- Prev. Resident
- 4y ago
"Mainly warehouses so it’s not as loud. Close to USC campus so it’s becoming safer. There are a great deal of homeless however"
- Raneika K. B.
- Resident
- 4y ago
"There is no grass for dogs to enjoy. People that walk their dogs clearly don’t care about the neighborhood because they don’t clean their dogs waste. "
- Prince_albert_5
- Resident
- 4y ago
"My street it’s very traffic and noisy and my work street it’s very bad and unsafe and I hope I can move to some where very soon "
- Miss Kathy G.
- Resident
- 4y ago
"all the neighborhood businesses maw and paw stores Food Market on Thursdays on South Central the festival every other year Jazz and Blues Festival"
- Erickh32376
- Resident
- 5y ago
"Everything! It’s all a mess, streets here are not so safe when it’s dark. The rent is to high and I can barely afford any money to pay for my rent."
- Phillip R.
- Resident
- 5y ago
"no problem no more the usual. near the bus and schools. an after school program near by. no break ins that i heard of. no vandalism. graffiti yes trash yes. i lived here 10 years."
- Rebelgiant
- Resident
- 5y ago
"I own a car so I drive. But there are plenty of transportation systems like the buses metro and trains."
- Joel G.
- Resident
- 5y ago
"The grocery store is very close by, the train station is very close by and a parking garage is right across the street."
- Anzavelascolol
- Resident
- 5y ago
"Well the newbies get to get to know more about the neighbors and the neighbors are really caring. "
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Sean Rosenzweig, Marcus & Millichap
© 2024 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2024-01-24 14:45:40 PST. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed.
2323 Wall St, Los Angeles, CA 90011 is a 11 bedroom, 5 bathroom, 4,530 sqft multi-family built in 1903. 2323 Wall St is located in Central City, Los Angeles. This property is currently available for sale and was listed by CLAW on Mar 20, 2024. The MLS # for this home is MLS# 23-337483.