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12-Unit Victorian Apartment Building
For Sale
$929,000

510 E 23rd St, Los Angeles, CA 90011

Residential Income, Victorian, Los Angeles, CA

Property Size6,936 SF
Lot Size0.20 Acres
Price / SF$133.94
Days on Market189

Property Features for 510 E 23rd St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR2
Bedrooms 12
Bathrooms 6
Full bathrooms 12
Rooms Bedroom 11, Bathroom 5, Bathroom 3, Bedroom 10, Bathroom 2, Bedroom 3, Bathroom 6, Bathroom 4, Bathroom 11, Bathroom 1, Bedroom 2, Bedroom 4, Bedroom 12, Bedroom 1, Bedroom 8, Bedroom 6, Bedroom 7, Bedroom 9, Bathroom 9, Bathroom 12, Bedroom 5, Bathroom 8, Bathroom 7, Bathroom 10
Parking 10
Parking features Gated, Driveway
Appliances Oven
View City, Hills
Directions USE GOOGLE MAPS
Subdivision Downtown L.A.
Standard status Active
APN 5127-012-004
Size 6,936 SF
Lot size 0.20 Acres

Utilities

Cooling system Window Unit(s)

Building Details

Year built 1907
Floors in Building 3
Number of units 12
Architectural style Victorian
Listing Agency: Keller Williams Realty Los Feliz
Listed By: Grant Linscott · License #01715002
Added: Feb 24 Changed: Aug 31 Last Checked: Sep 1 at 6:06PM
MLS# 26651931

Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Built in 1907, this 6,936-square-foot Victorian apartment property contains 12 single-room occupancy units. Each unit has its own exterior entrance, while six bathrooms serve the building with one bathroom shared between every two units. The property also includes an oven, window-unit cooling, and a coin-operated laundry operation generating $6,302/year in additional income.

Set on 0.195 acres in Los Angeles’ Historic Central neighborhood, the building is positioned just south of Downtown Los Angeles. The location provides access to shops, public transportation, and freeways, with employment and entertainment destinations including South Park, LA Live, and Crypto Arena nearby. USC, Exposition Park, the Arts District, and Koreatown are also identified in the surrounding area.

Zoned LAR2, the property includes a gated driveway and a large parking area accommodating 10+ cars. Its separate entrances, shared-bathroom layout, and on-site laundry are central features of the existing configuration.

Key Highlights

  • 12 SRO units within a 6,936‑square‑foot Victorian building
  • Six total bathrooms, with each bathroom shared by two units
  • Each unit has a separate exterior entrance

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Accounting Firm Pet Grooming Service Supermarket Acupuncture (Bike/Boat/Book/etc) Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

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

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - SRO property with private exterior entrances, shared bathrooms, gated parking, and on-site coin laundry.
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 $929,000.
What are key features of this property?
This property features: 12 SRO units within a 6,936‑square‑foot Victorian building; Six total bathrooms, with each bathroom shared by two units; Each unit has a separate exterior entrance
More about this property
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