510 E 23rd ST
Los Angeles, CA, 90011
$929,000
12 Beds
6 Baths
6,936 SqFt
0.2 Acres
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MLS #26651931 image #0
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.

Property Details

Price:
$929,000
MLS #:
26651931
Status:
Active
Beds:
12
Baths:
6
Type:
Single Family
Neighborhood:
c42downtownla
Listed Date:
Feb 24, 2026
Finished Sq Ft:
6,936
Total Sq Ft:
6,936
Lot Size:
8,494 sqft / 0.20 acres (approx)
Year Built:
1907
VictorianCommunity GatedC42 – Downtown L.a.C42downtownlaHills

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Schools

Interior

Appliances
OV
Heating
WL
Levels
S

Exterior

Architectural Style
VIC
Parking Spots
10
Parking Total
10
Security Features
GC
Spa Features
NO
View
CI, HI

Financial

Gross Operating Income
$150,972
Net Operating Income
$75,886

Map

Community

Market Summary

Current real estate data for Single Family in Los Angeles as of Aug 22, 2026
7,924
Single Family Listed
91
Avg DOM
424
Avg $ / SqFt
$1,572,038
Avg List Price

Property Summary

    510 E 23rd ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90011. It is listed for $929,000 and features 12 beds, 6 baths, and has approximately 6,936 square feet of living space, and was originally constructed in 1907. The current price per square foot is $134. The average price per square foot for Single Family listings in Los Angeles is $424. The average listing price for Single Family in Los Angeles is $1,572,038.

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