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Ernie Caponera

ernie@newport-properties.com +1(714) 606-0926

$999,000

Est. payment - /mo

12 Beds

6 Baths

6,936 SqFt

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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 6,936 sqft

Price per Sqft $144

MLS Listing ID 26651931

Bedrooms 12

HOA Y/N No

Year Built 1907

Lot Size 8,494 Sqft

Lot Dimensions Assessor

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.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LAR2

Interior

Heating Wall Furnace

Fireplace No

Appliance Oven

Exterior

Parking Features Driveway, Gated

Pool None

Community Features Gated

View Y/N Yes

View City Lights, Hills

Total Parking Spaces 10

Private Pool No

Building

Story 3

Entry Level Multi/Split

Sewer Other

Architectural Style Victorian

Level or Stories Multi/Split

New Construction No

Others

Senior Community No

Tax ID 5127012004

Security Features Gated Community

Special Listing Condition Standard

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Listed by Grant Linscott Keller Williams Realty Los Feliz #01715002

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"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(714) 606-0926

ernie@newport-properties.com

2747 E COAST HWY Unit 200, CORONA DEL MAR, California, 92625, USA

510 E 23rd ST Los Angeles, CA 90011

Ernie Caponera

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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510 E 23rd ST