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12-Unit SRO Apartment Building

510 E 23rd St, Los Angeles, CA 90011

For Sale
$849,000

Individual exterior entrances and shared bathrooms define the building’s rooming-unit layout.

Property Size6,936 SF
Days on Market54

Property Features for 510 E 23rd St

General Information

Standard status Active
Size 6,936 SF
Property subtype MULTI_FAMILY

Site & Location

Neighborhood Historic South-Central
Highway Access Yes
Public Transit Yes

Units

Unit Mix 12 x SRO
Multifamily Units 12

Amenities

coin laundry
gated parking

Building Details

Building Size 6,936 SF
Year Built 1907
Buildings 1
Listing Agency: Keller Williams Realty Los Feliz
Listed By: Grant Linscott · License CA #01715002
Source: Rochellemaize
Added: Sep 22 Changed: Nov 13 Last Checked: Nov 12 at 1:39PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Los Feliz

Rey
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Investment Insights

Based on property information with market context.

Built in 1907, this 12-unit apartment building is configured for single-room occupancy. Each unit has its own exterior entrance, and the property has six bathrooms, with each shared by two units. A gated parking area accommodates 10 or more cars, and coin-operated laundry is on site.

The property is on East 23rd Street in Los Angeles, south of Downtown. Nearby destinations named for the area include South Park, LA Live, Crypto.com Arena, USC, the Arts District, Exposition Park, and Koreatown. Shops and public transportation are also identified as accessible from the neighborhood.

Key Highlights

  • 12 single‑room occupancy units, each with a separate exterior entrance
  • Six bathrooms, each shared by two units
  • Gated parking area with room for 10+ cars

Property Analytics

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Lease Details

12
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

3,453
Businesses Nearby

Demographics for 90011, CA

102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value
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Market

Average Price Trend$/SF for Apartment buildings in Los Angeles, CA

$379 Jul
$368 Aug
$367 Sep
$367 Oct

Properties on Market for Apartment buildings in Los Angeles

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Individual exterior entrances and shared bathrooms define the building’s rooming-unit layout.
Where is this apartment building located?
The property is located at 510 E 23rd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $849,000.
What are key features of this property?
This property features: 12 single‑room occupancy units, each with a separate exterior entrance; Six bathrooms, each shared by two units; Gated parking area with room for 10+ cars
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