510 E  23rd St, Los Angeles, CA 90011
FOR SALE

510 E 23rd St
Los Angeles, CA 90011

Central City
  • 12 Beds
  • 6 Baths
  • 6,936 sqft
  • 12 Beds
  • 6 Baths
  • 6,936 sqft

$1,199,000

Est. Mortgage $7,648/mo*

Local Information

map showing home location
© Google
-- mins to
Commute Destination

Description

Buyers flaked at no fault of property! 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 by renovating and capture the 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.

Home Highlights

Parking
10 Open Spaces
Outdoor
No Info
A/C
Heating & Cooling
HOA
None
Price/Sqft
$173
Listed
101 days ago

Home Details for 510 E 23rd St

Interior Features

Beds & Baths
Number of Bedrooms: 12Number of Bathrooms: 6
Dimensions and Layout
Living Area: 6936 Square Feet
Appliances & Utilities
Appliances: OvenLaundry: Laundry Area
Heating & Cooling
Heating: WallHas CoolingAir Conditioning: Window Unit(s)Has HeatingHeating Fuel: Wall
Fireplace & Spa
Spa: None
Levels, Entrance, & Accessibility
Stories: 3Levels: Multi/Split
View
Has a ViewView: City Lights, City, Hills
Security
Security: Gated

Exterior Features

Exterior Home Features
Other Structures: None
Parking & Garage
Open Parking Spaces: 10No CarportNo GarageNo Attached GarageHas Open ParkingParking Spaces: 10Parking: Driveway,Gated
Pool
Pool: None
Water & Sewer
Sewer: In Street

Days on Market

Days on Market: 101

Property Information

Year Built
Year Built: 1907
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi FamilyArchitecture: Victorian

Price & Status

Price
List Price: $1,199,000Price Per Sqft: $173

Active Status

MLS Status: Active

Location

Direction & Address
City: Los Angeles

Agent Information

Listing Agent
Listing ID: 24-345665

Building

Building Area
Building Area: 6936 Square Feet

Lot Information

Lot Area: 8494.2 sqft

Listing Info

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

Rental

Owner Pays: Electricity, Gas, WaterHas Rent Control

Miscellaneous

Mls Number: 24-345665
Last check for updates: about 4 hours ago
Listing courtesy of Grant Linscott DRE # 01715002, (323) 487-9222
Keller Williams Realty Los Feliz, (323) 300-1000
Source: CLAW, MLS#24-345665

Price History for 510 E 23rd St

DatePriceEventSource
02/22/2024$1,199,000PendingToActiveCLAW #24-345665
02/12/2024$1,199,000PendingCLAW #24-345665
01/16/2024$1,199,000Listed For SaleCLAW #24-345665
01/16/2024ListingRemovedCLAW #23-272053
12/11/2023$1,299,000PendingCLAW #23-272053
12/01/2023$1,299,000PendingToActiveCLAW #23-272053
09/05/2023$1,299,000PendingCLAW #23-272053
08/22/2023$1,299,000PriceChange
CLAW #23-272053
07/13/2023$1,349,000PendingToActiveCLAW #23-272053
06/28/2023$1,349,000PendingCLAW #23-272053
06/06/2023$1,349,000Listed For SaleCLAW #23-272053

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Sold Date
Bed
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0.41
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0.54
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$943,000
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$1,625,000
09/12/23
12
6
8,718
0.82
Multi-Family Home
$940,000
06/30/23
11
5
4,695
0.41
Multi-Family Home
$700,000
02/28/24
4
3
3,146
0.90
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$700,000
12/04/23
18
7
4,787
0.34
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$814,000
01/17/24
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0.12
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$1,100,000
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72
36
3,520

Neighborhood Overview

See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Central City

  • Grice475
    "Close to market.laundromat and bus stops to go walking or car also close to school kinder to high school"
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  • Trulia User
    "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."
    6
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  • Sandra M.
    "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 "
    2
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  • Trulia User
    "City park after night events and after-school programs for kids available also shopping and market are closer to shop "
    1
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  • Trulia User
    "do not walk at night . it is too dangerous , be inside by 9 . store owners a super friendly and parking isn’t easily found "
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  • Trulia User
    "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 "
    1
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  • Trulia User
    "very culturally appreciated i felt so welcomed since i’ve been here, truly recommend this place , my #1 area"
    1
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  • Trulia User
    "Dogs are usually well behaved or kept inside. Dogs are always welcome in this community. Sometimes people don’t pick after their dog"
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  • Trulia User
    "Very close to the alley and downtown staples center Santa Monica beaches and dodger stadium tacos are everywhere and raspados and elotes "
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  • Stephanie P.
    "getting dangerous. lots of mental illness issues spilled over from skid row. theft, random attacks. would not recommend. looking to leave asap!"
    44
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  • Francisco T.
    "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 ! "
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  • Casey
    "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"
    11
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  • Raneika K. B.
    "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. "
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  • Prince_albert_5
    "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 "
    7
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  • Miss Kathy G.
    "all the neighborhood businesses maw and paw stores Food Market on Thursdays on South Central the festival every other year Jazz and Blues Festival"
    5
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  • Erickh32376
    "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."
    3
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  • Phillip R.
    "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."
    33
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  • Rebelgiant
    "I own a car so I drive. But there are plenty of transportation systems like the buses metro and trains."
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  • Joel G.
    "The grocery store is very close by, the train station is very close by and a parking garage is right across the street."
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  • Anzavelascolol
    "Well the newbies get to get to know more about the neighbors and the neighbors are really caring. "
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LGBTQ Local Legal Protections

Grant Linscott, Keller Williams Realty Los Feliz
© 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.
510 E 23rd St, Los Angeles, CA 90011 is a 12 bedroom, 6 bathroom, 6,936 sqft multi-family built in 1907. 510 E 23rd St is located in Central City, Los Angeles. This property is currently available for sale and was listed by CLAW on Jan 16, 2024. The MLS # for this home is MLS# 24-345665.