5 months on rocket

2323 Wall St, Los Angeles, CA, 90011

$1,300,000

Home List Price

$10,000*

Closing Credit

11 Bedrooms
5 Baths
4,530 SqFt
$287/SqFt
House
Schools Nearby

Location

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2323 Wall St, Los Angeles$1,300,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingNone
Year Built1903
MLS #23337483
Lot Size0.17 Acres
StatusActive

About 2323 Wall St

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***

Property Details

Property Features

Property Information:

  • Year Built: 1903
  • Stories: 2
  • Living Area: 4,530 SqFt

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (310) 909-5500
  • Listing Agent: Sean Rosenzweig

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 11

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.17 Acres

School Info

Assigned Schools Information:

  • Santee Education Complex, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • John Adams Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • San Pedro Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: East of Maple Avenue and South of Washington Boulevard.

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,300,000
  • Price Per SqFt: $287/SqFt

Tax Information:

  • Annual Amount: $9,978
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

2323 Wall St vs Los Angeles

152 DAYS ON ROCKET

+118 Days

$1,300,000

+$313.5K More

$287/SqFt

-$345 Less

KEY TAKEAWAY

This property is $313.5K more than the Median Sold Price and $345/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #23337483

Listing Office:

  • Office Name: Marcus & Millichap
  • Office Phone: (310) 909-5500
  • Listing Agent: Sean Rosenzweig

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2024, 12:55:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jan 21, 2005Home Sold
$400,000
May 17, 1999Home Sold
$187,246
May 18, 1993Home Sold
$195,000

Tax History

YEARPROP. TAXASSESSMENT
2021$9,978$762,060
2020$9,699$754,247
2019$9,548$739,459
2018$8,582$724,961
2017$8,582$650,000

History based on county public records data.

Payment Calculator

$6,556

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,964

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6762181
6
/10

  • San Pedro Street Elementary School

  • 1635 S San Pedro St

  • 0.44 miles

  • Public District Grades KG-5

school-card-donut-6762182
8
/10

  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 6.24 miles

  • Public Magnet Grades KG-6

school-card-donut-6762183
6
/10

  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 21.52 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-6762184
6
/10

  • John Adams Middle School

  • 151 W 30th St

  • 0.45 miles

  • Public Magnet Grades 6-8

school-card-donut-6762185
4
/10

  • Studio

  • 2211 W Avenue 30

  • 5.72 miles

  • Public District Grades 6-8

High School

school-card-donut-6762186
3
/10

  • Santee Education Complex

  • 1921 Maple Ave

  • 0.29 miles

  • Public District Grades 9-12

school-card-donut-6762187
8
/10

  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 3.08 miles

  • Public Magnet Grades 9-12

school-card-donut-6762188
8
/10

  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 17.84 miles

  • Public Magnet Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $23,918. Typical income of Los Angeles, CA residents is less than $35k annually. The majority of families are married, with kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2323 Wall St

What is the listing price of this property?

The listing price of 2323 Wall St property is $1,300,000.

What type of property is this?

The property 2323 Wall St is a house located in Los Angeles, California, 90011.

Is this property for sale now?

Active Listing: 2323 Wall St is For Sale (Active/New) which means the seller is accepting offers.

What are the assigned schools for this property?

The assigned schools for 2323 Wall St are:
San Pedro Street Elementary School: GreatSchools Rating 6/10
Melrose Avenue Elementary School: GreatSchools Rating 8/10
Point Fermin Elementary School: GreatSchools Rating 6/10
John Adams Middle School: GreatSchools Rating 6/10
Studio: GreatSchools Rating 4/10
Santee Education Complex: GreatSchools Rating 3/10
Math, Science, & Technology Magnet Academy at Roosevelt High School: GreatSchools Rating 8/10
Daniel Pearl Journalism & Communications Magnet: GreatSchools Rating 8/10

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $9,978 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on January 21, 2005 for $400,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2323 Wall St has 11 bedrooms and 5 bathrooms.

What is the square footage of this property?

The property 2323 Wall St is 4,530 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2323 Wall St is 1903.

Rocket Homes›California›Los Angeles County›Los Angeles›90011›2323 Wall St

This home is located at 2323 Wall St in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This 4,530 square foot home, which was built in 1903, sits on a 0.17 acre lot. Features: 11 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since December 06, 2023 and is currently priced at $1,300,000.

Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. The number of listings in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. In April 2024, listings were on the market for 34 days. During the same period, the median list price in this real estate market was $986,427.

From Rocket Homes Real Estate and based on county public records data.

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