1026 E 23rd Street, Los Angeles, California 90011, Los Angeles, - bed, bath
ACTIVE$649,000
1026 E 23rd Street, Los Angeles, California 90011
0Bed
0Bath
2,053Sqft
6,264Lot
Year Built
1928
Close
-
List price
$649K
Original List price
$649K
Price/Sqft
-
HOA
-
Days on market
-
Sold On
-
MLS number
SR25112778
Home ConditionPoor
Features
Good View: Neighborhood
Patio
ViewNeighborhood
About this home
Take Advantage of a FREE 20K dlls GRANT for First Time Home Buyers, Ask How to Apply!!! One of a Kind Property With 3 Legal Units. Main Home is 2 Bedrooms and 1 Baths; 2nd Unit is a Detached Structure with 1 Bedroom and 1 Bath and Plenty Room to Expand and 3rd Unit is a 1 bedroom and 1 Bath All With Separate Entrances. Live in One and Rent the Other Ones. Each Unit is Individually Metered for Gas and Electricity. This is a Valuable Layout and Opportunity for Future Additions of ADUs which is Common Around this Area of Los Angeles. This is a very Rare Opportunity to Find Properties at This Price in All LA County in Current Condition. All Types of Financing are Accepted. This Property is Minutes Away from USC, BMO Stadium, Downtown LA and Freeway Access. Act now as This Property will Sell Fast......
Nearby schools
3/10
Twenty-Eighth Street Elementary School
Public,•K-5•0.3mi
5/10
Twentieth Street Elementary School
Public,•K-5•0.4mi
5/10
San Pedro Street Elementary School
Public,•K-5•0.5mi
4/10
Quincy Jones Elementary School
Public,•K-5•0.6mi
5/10
Dolores Huerta Elementary School
Public,•K-5•0.7mi
3/10
Wadsworth Avenue Elementary School
Public,•K-5•0.9mi
/10
Maple Primary Center
Public,•K-1•0.9mi
4/10
Nevin Avenue Elementary School
Public,•K-5•0.9mi
2/10
Harmony Elementary School
Public,•K-5•1.0mi
3/10
Trinity Street Elementary School
Public,•K-5•1.0mi
4/10
Ricardo Lizarraga Elementary School
Public,•K-5•1.1mi
3/10
Sally Ride Elementary: A Smart Academy
Public,•K-5•1.4mi
4/10
Norwood Street Elementary School
Public,•K-5•1.5mi
2/10
Forty-Ninth Street Elementary School
Public,•K-5•1.7mi
5/10
West Vernon Avenue Elementary School
Public,•K-5•1.8mi
2/10
John W. Mack Elementary School
Public,•K-5•2.1mi
5/10
Menlo Avenue Elementary School
Public,•K-5•2.1mi
2/10
Marguerite Poindexter Lamotte Elementary
Public,•K-5•2.3mi
/10
Dr. James Edward Jones Primary Center
Public,•K-2•2.5mi
2/10
Dr. Julian Nava Learning Academies-School Of Business And Technology
Public,•6-8•0.6mi
4/10
John Adams Middle School
Public,•6-8•0.9mi
3/10
William Jefferson Clinton Middle School
Public,•6-8•1.1mi
3/10
George Washington Carver Middle School
Public,•6-8•1.4mi
2/10
John Muir Middle School
Public,•6-8•3.2mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•3.3mi
5/10
Santee Education Complex
Public,•9-12•0.5mi
3/10
Nava College Preparatory Academy
Public,•9-12•0.9mi
2/10
Thomas Jefferson Senior High School
Public,•9-12•1.0mi
3/10
Manual Arts Senior High School
Public,•9-12•2.2mi
4/10
West Adams Preparatory High School
Public,•9-12•2.2mi
Price History
Date
Event
Price
06/03/14
Sold
$290,000
05/22/00
Sold
$175,000
Neighborhood Comparison
| Subject | Average Home | Neighbourhood Ranking (24 Listings) | |
|---|---|---|---|
| Beds | 0 | 0 | |
| Baths | 0 | 0 | |
| Square foot | 2,053 | 1,988 | 52% |
| Lot Size | 6,264 | 5,364 | 84% |
| Price | $649K | $710K | 40% |
| Price per square foot | $316 | $348 | 32% |
| Built year | 1928 | 1923 | 72% |
| HOA | |||
| Days on market | 168 | 167 | 52% |
Condition Rating
Poor
The property was built in 1928 and the images show outdated kitchens and bathrooms. The overall condition appears to require substantial repairs and rehabilitation. The kitchens have old appliances and cabinets, and the bathrooms show signs of wear and tear. The exterior also appears to need work.
Pros & Cons
Pros
Income Potential: Property features 3 legal units, offering significant rental income potential.
Development Opportunity: Valuable layout with potential for future ADU additions, common in the area.
Separate Metering: Each unit is individually metered for gas and electricity, simplifying utility management.
Prime Location: Minutes away from USC, BMO Stadium, Downtown LA, and freeway access, enhancing desirability.
First Time Home Buyer Grant: Opportunity to leverage a $20,000 grant for first-time home buyers, making it more accessible.
Cons
Age of Property: Built in 1928, the property may require updates or repairs due to its age.
Potential Renovation: The property's condition may necessitate renovations to maximize its value and appeal.
Unknown Condition of Units: The description lacks specific details about the condition of each unit, potentially requiring further inspection.