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    502 E 23rd Street E

    Los Angeles (City), CA 90011
    • $1,300,000
    • STATUS: Active
    • ON SITE: 14 days
    • ID#: DW21156676
    UPDATED: 28 min ago
    $1,300,000
    • 0
      BEDS
    • 0.09
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1904
    County:

    School Ratings & Info

    Description

    This building consists of 5 units total located in a very desirable area for investors, with easy access to freeways and 7 minutes driving time to the Staple Center and Down Town Los Angeles.The first level is a mini market available for an owner operator to come and open a business, the second floor consists of 4- 2 bedroom units, lots of potential.The store front unit is also available for lease.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-02T11:28:25.457. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
    www.theparsonsrealestateteam.com/homes/119442279
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    502 E 23rd Street E Los Angeles (City), CA 90011

    • Price: $1,300,000
    • Status: Active
    • Updated: 28 min ago
    • ID#: DW21156676
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.09
    Acres
    1904
    Built
    Neighborhood:
    C42 - Downtown L.A.
    County:
    Los Angeles
    Area:
    C42 - Downtown L.A.
    Property Description
    This building consists of 5 units total located in a very desirable area for investors, with easy access to freeways and 7 minutes driving time to the Staple Center and Down Town Los Angeles.The first level is a mini market available for an owner operator to come and open a business, the second floor consists of 4- 2 bedroom units, lots of potential.The store front unit is also available for lease.
    Exterior Features

    Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 5 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Common Walls No Common Walls Interior Features All Bedrooms Up

    Property Features

    Additional Parcels YN No Association Fee 0 Association YN No Common Interest Community Apartment Community Features Urban Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 120360 Gross Scheduled Income 120360 Insurance Expense 0 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 Exchange Net Operating Income 81860 New Construction YN No Number Of Separate Gas Meters 5 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 32000 Property Sub Type Mixed Use Rent Control YN Yes Senior Community YN No Sewer Sewer Tap Paid Special Listing Conditions Standard Trash Expense 0 Utilities Natural Gas AvailableNatural Gas ConnectedSewer AvailableSewer ConnectedSee RemarksWater AvailableWater Connected Vacancy Allowance 6500 Water Sewer Expense 0 Water Source Public

    Listing provided courtesy of Edison Echeverry of Peak Commercial Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2021-08-02T11:28:25.457. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Parsons Team | Keller Williams Realty. Licensed in the State of California, USA.
     
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    The Parsons Team | Keller Williams Realty
    251 S. Lake Ave #150
    Pasadena CA, 91101