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    663 W 23rd St

    Los Angeles, CA 90007
    • $1,900,000
    • STATUS: Active
    • ON SITE: 82 days
    • ID#: 20-631946
    Price Reduced
    UPDATED: 50 min ago
    $1,900,000
    • 9
      BEDS
    • 0.19
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,886
      SQFT
    • $389
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1908
    County:

    School Ratings & Info

    Description

    We are pleased to offer for sale this vacant 9-bedroom + 8-bathroom Co-Living/ Boarding House/ Student Housing investment opportunity located at 663 W. 23rd Street, walking distance to the internationally renowned University of Southern California (USC). Consisting of one single structure, this building was constructed of wood frame and stucco on a raised foundation built in 1908, with a square footage of 4,886 on a 8,268-square foot lot. The investment is comprised of a unit mix consisting of (5) 1+1, (1) 2+1, & (1) 2+2 room. The investment was previously ran as a Bed & Breakfast/ Hotel - and boasts spacious floor plans, secured gated entry, on-site laundry & parking for additional income, and updated copper plumbing throughout. The property is 100% vacant, well positioned only 1 block to DASH, and between Downtown Los Angeles and the USC campus & Village. The spacious lot may allow an investor to build (2) ADU's for additional income.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-12-04T11:42:28.613. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
    www.trulinerealty.com/homes/109964597
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    663 W 23rd St Los Angeles, CA 90007

    • Price: $1,900,000
    • Status: Active
    • Updated: 50 min ago
    • ID#: 20-631946
    9
    Beds
    0
    Baths
    0
    ½ Baths
    0.19
    Acres
    4,886
    SQFT
    $389
    $/SQFT
    1908
    Built
    Neighborhood:
    Downtown L.A.
    County:
    Los Angeles
    Area:
    Downtown L.A.
    Property Description
    We are pleased to offer for sale this vacant 9-bedroom + 8-bathroom Co-Living/ Boarding House/ Student Housing investment opportunity located at 663 W. 23rd Street, walking distance to the internationally renowned University of Southern California (USC). Consisting of one single structure, this building was constructed of wood frame and stucco on a raised foundation built in 1908, with a square footage of 4,886 on a 8,268-square foot lot. The investment is comprised of a unit mix consisting of (5) 1+1, (1) 2+1, & (1) 2+2 room. The investment was previously ran as a Bed & Breakfast/ Hotel - and boasts spacious floor plans, secured gated entry, on-site laundry & parking for additional income, and updated copper plumbing throughout. The property is 100% vacant, well positioned only 1 block to DASH, and between Downtown Los Angeles and the USC campus & Village. The spacious lot may allow an investor to build (2) ADU's for additional income.
    Exterior Features

    Lot Size Area 8268 Other Structures None Parking Garage Driveway Total Parking 5

    Interior Features

    Baths Total 8.00 Cooling Air Conditioning Equipment None Heating Other

    Property Features

    Assessed Total Value 311199 Gross Income 151200 Gross Operating Income 148200 Like Units1 5 Like Units2 1 Like Units3 1 Net Operating Income 109142.00 Number Of Buildings 1 Number Of Units 7 Sale Type Standard Source Living Area Title Company Source Lot Size Area Assessor Total Annual Expense 39058 Type Of Units Boarding Year Built Source Vendor Enhanced Zoning Lard1.5

    Listing provided courtesy of Davis Saadian DRE#01921748 of Brc Advisors- Bh.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-12-04T11:42:28.613. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
     
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    TruLine Realty
    8644 Wilshire Blvd. Suite 204
    Beverly Hills CA, 90211