3 months on rocket

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

$1,199,000

Home List Price

$10,000*

Closing Credit

12 Bedrooms
6 Baths
6,936 SqFt
$173/SqFt
House
Schools Nearby

Location

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510 E 23rd St, Los Angeles$1,199,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingDriveway, Gated
Year Built1907
HeatingWall Furnace
ViewCity Lights, Hills
MLS #24345665
Lot Size0.20 Acres
StatusActive

About 510 E 23rd St

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Victorian
  • Year Built: 1907
  • Stories: 3
  • Living Area: 6,936 SqFt

Listing Office:

  • Office Name: Keller Williams Realty Los Feliz
  • Office Phone: (323) 300-1000
  • Listing Agent: Grant Linscott

Interior Features

Interior Information:

  • Appliances: Oven

Bedroom and Bathroom Information:

  • Total Bedroom Count: 12

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: City Lights, Hills

Parking Information:

  • Parking: Driveway, Gated

Lot Features

Lot Information:

  • Lot Size: 0.20 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

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: USE GOOGLE MAPS

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,199,000
  • Price Per SqFt: $173/SqFt

Tax Information:

  • Annual Amount: $6,205
  • Tax Year: 2021
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Housing Market Comparison

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

Med. Sold Price

$975.9K

Med. Price/SqFt

$628

Avg. Days On Market

34

# of Sold Homes

1403

510 E 23rd St vs Los Angeles

99 DAYS ON ROCKET

+65 Days

$1,199,000

+$223K More

$173/SqFt

-$455 Less

KEY TAKEAWAY

This property is $223K more than the Median Sold Price and $455/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: #24345665

Listing Office:

  • Office Name: Keller Williams Realty Los Feliz
  • Office Phone: (323) 300-1000
  • Listing Agent: Grant Linscott

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: 4/25/2024, 3:25:18 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

Sep 13, 2007Home Sold
$350,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,205$424,969
2020$6,045$420,356
2019$5,881$412,115
2018$5,726$404,035
2017$5,726$396,114

History based on county public records data.

Payment Calculator

$6,052

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,661

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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-211257
6
/10
  • San Pedro Street Elementary School

  • 1635 S San Pedro St

  • 0.39 miles

  • Public District Grades KG-5

school-card-donut-211258
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 6.27 miles

  • Public Magnet Grades KG-6

school-card-donut-211259
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 21.53 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-211260
6
/10
  • John Adams Middle School

  • 151 W 30th St

  • 0.50 miles

  • Public Magnet Grades 6-8

school-card-donut-211261
4
/10
  • Studio

  • 2211 W Avenue 30

  • 5.70 miles

  • Public District Grades 6-8

High School

school-card-donut-211262
3
/10
  • Santee Education Complex

  • 1921 Maple Ave

  • 0.28 miles

  • Public District Grades 9-12

school-card-donut-211263
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 3.03 miles

  • Public Magnet Grades 9-12

school-card-donut-211264
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 17.88 miles

  • Public Magnet Grades 9-12

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. Most families are married, with kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 510 E 23rd St

What is the listing price of this property?

The listing price of 510 E 23rd St property is $1,199,000.

What type of property is this?

The property 510 E 23rd St is a house located in Los Angeles, California, 90011.

Is this property for sale now?

Active Listing: 510 E 23rd 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 510 E 23rd 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 $6,205 (source: MLS/based on county public records data).

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

The last sale was on September 13, 2007 for $350,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 510 E 23rd St has 12 bedrooms and 6 bathrooms.

What is the square footage of this property?

The property 510 E 23rd St is 6,936 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 510 E 23rd St is 1907.

Rocket HomesCaliforniaLos Angeles CountyLos Angeles90011510 E 23rd St

This home is located at 510 E 23rd St in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This 6,936 square foot home, which was built in 1907, sits on a 0.20 acre lot. Features: 12 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since January 16, 2024 and is currently priced at $1,199,000.

Los Angeles, CA housing market in March 2024 saw over 628 listings sold above listed price, more than 196 sold at listed price and over 579 sold below. The number of homes for sale in Los Angeles, CA increased by 10.8% between February 2024 and March 2024. The median list price of listings available in March 2024 was $975,970, while the average time on the real estate market was 34 days.

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

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