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Image 1 - 524 East 23rd Street, Los Angeles, CA 90011, USA - House for sale
Image 2 - 524 East 23rd Street, Los Angeles, CA 90011, USA - House for sale
Image 3 - 524 East 23rd Street, Los Angeles, CA 90011, USA - House for sale
Image 4 - 524 East 23rd Street, Los Angeles, CA 90011, USA - House for sale
Home For Sale In Los Angeles, California
524 East 23rd Street, Los Angeles, CA 90011, USA

Home For Sale In Los Angeles, California

house for sale
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Listed: 03/07/24

524 East 23rd Street, Los Angeles, CA 90011, USA

12 Bed:
6 Bath:
6,936 Sq Ft Living Area:
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Price
$ 1,2M

About This House

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 …  Full description

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Historic South-Central Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.