Properties

Los Angeles, CA 90011 510 E 23rd Street

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Presented By: Grant Linscott with Keller Williams Realty Los Feliz;
  • MLS# 26651931
  • 02/24/2026
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  • Beds • 12
  • Baths • 1
  • SQFT • 6,936

Home Details

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.
Presented By: Grant Linscott with Keller Williams Realty Los Feliz;

Interior Features for 510 E 23rd Street

Bedrooms

Total Bedrooms12

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths6

Other Interior Features

LivingAreaSourceAssessor
Heating Y/NYes
Total Stories3

General for 510 E 23rd Street

AppliancesOven
Architectural StyleVictorian
Cap Rate7.3
CityLos Angeles
Community FeaturesGated
CountyLos Angeles
DirectionsUSE GOOGLE MAPS
Full Baths
Gross Income150972
HOANo
HeatingWall Furnace
LevelsMulti/Split
Living Area6936
Lot Size Square Feet8494
Lot Size UnitsSquare Feet
MLS AreaC42 - Downtown L.A.
Net Operating Income75886
New ConstructionNo
Number Of Units Total12
Open Parking Spaces10
Pool FeaturesNone
PossessionClose Of Escrow
PostalCityLOS ANGELES
Property TypeResidential Income
Rent Control Y/NYes
Security FeaturesGated Community
Senior Community Y/NNo
SewerOther
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Tenant PaysGas
ViewCity Lights, Hills
Year Built1907
Year Built SourceAssessor
ZoningLAR2

Exterior for 510 E 23rd Street

Building Area Total6936
Lot Dimensions50x169
Lot Size Acres0.195
Lot Size Area8494
Lot Size SourceAssessor
LotDimensionsSourceAssessor
Number of Buildings1
Parking FeaturesDriveway, Gated
Private PoolNo
SpaNo
Total Parking10

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $999,000
MLS#26651931
List Date 02/24/2026
Property Type Multi-Family
Phone 888.795.6274
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