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12-Unit Victorian Apartment Building
New
For Sale
$849,000

510 E 23rd St, Los Angeles, CA 90011

Residential Income, Victorian, Los Angeles, CA

Property Size6,936 SF
Lot Size0.20 Acres
Price / SF$122.40
Days on Market3

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 10, Bathroom 12, Bedroom 4, Bedroom 11, Bedroom 5, Bathroom 9, Bedroom 6, Bedroom 12, Bathroom 4, Bathroom 1, Bathroom 7, Bedroom 2, Bathroom 5, Bedroom 3, Bedroom 8, Bathroom 3, Bathroom 2, Bathroom 6, Bedroom 1, Bedroom 7, Bathroom 10, Bedroom 9, Bathroom 8, Bathroom 11
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)

Amenities

coin laundry

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: Sep 22 Changed: Sep 23 Last Checked: Sep 24 at 12:06PM
MLS# 26967409

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 SRO units, each with its own exterior entrance. The building includes coin-operated laundry, window unit cooling, and an oven. A gated driveway and parking area accommodate 10+ cars, adding practical on-site vehicle capacity.

The property occupies 0.195 acres at 510 E 23rd St in Los Angeles, within the Historic Central area south of Downtown Los Angeles. It is near employment and entertainment destinations including South Park, LA Live, and Crypto Arena, as well as USC, the Arts District, Exposition Park, and Koreatown. The surrounding area is described as highly walkable, with access to freeways, shops, and public transportation.

The property is identified with LAR2 zoning and features Victorian architectural styling.

Key Highlights

  • 12‑unit SRO apartment property
  • 6,936 square feet on 0.195 acres
  • Built in 1907 with Victorian architectural style

Property Analytics

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Current Use

Apartment buildings

Suggested Use

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

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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 residences offer separate exterior entrances, coin laundry, and gated vehicle parking.
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‑unit SRO apartment property; 6,936 square feet on 0.195 acres; Built in 1907 with Victorian architectural style
More about this property
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