2323 Wall Street Los Angeles, CA $ 1,200,000
2323 Wall Street
$ 1,200,000
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2323 Wall Street

Los Angeles, CA, 90011
$ 1,200,000
Baths0.0 Sq 4,530

Monthly Estimate*

$ 7,976

2323 Wall Street, Los Angeles, CA 90011 - Image 1
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Studio

Multi-Family Home for sale in Los Angeles, CA

for $1,200,000. This 4,530 square foot home was built in 1903 on a lot size of 0.17.

We are pleased to offer for sale a five-unit apartment community located at 2323 Wall Street. The subject property is conveniently located just south of the 10 Freeway within the dense South Los Angeles Sub-Market. South Los Angeles, nestled south of downtown, is a dynamic urban neighborhood where diverse cultures intermingle, creating a rich mosaic of traditions and experiences. South LA's strong sense of community shines through at local parks and venues, while recent urban revitalization efforts have brought new businesses and dining options. Situated on a 7,500 square foot parcel, the property is comprised of two-bedroom and three-bedroom units (buyer to verify unit configuration). There is 25% rental upside through interior renovations. Two units will be delivered vacant allowing new ownership to immediately renovate in order to achieve market rental rates. Ownership is only responsible for paying water utilities, tenants pay gas & electric. The continued gentrification of the surrounding area along with the value-add potential for a new owner to renovate units and achieve superior future returns moving forward makes 2323 Wall Street an excellent acquisition opportunity. ***BUYER TO VERIFY UNIT CONFIGURATION***

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Multi-Family Active

Price

$ 1,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.17

Year Built

1903

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

0023337483

Features
General
Sewer None
Zoning LARD2
Year Built 1903
Levels Two
County Los Angeles
Net Operating Income 73355.0
New Construction No
Property Type C
HOA / Comm Assn No
Status Active
City Los Angeles
Buyer Agent Compensation 2.50
Senior Community Y/N No
MLS Area C42 - Downtown L.A.
Lot Size Square Feet 7502.0
Street Name Wall
Standard Status Active
Year Built Source Assessor
Buyer Agent Compensation Type %
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Exterior
Lot Size Area 7502.0
Building Area Total 4530.0
Lot Size Acres 0.17
Lot Size Units Square Feet
Land Lease Type Fee
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Interior
Total Stories 2
Street Suffix Street
Total Baths 0
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* Excluded Features
List By
Sean Rosenzweig

Listing Agent

Marcus & Millichap

Broker

Affordability Calculator

$7,976
Per Month
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0%
0%
Monthly Principal & Interest
$7,976
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
5/10/2024$1,200,000 -7.69% Price Down
4/3/2024$1,300,000 -1.89% Price Down
12/6/2023$1,325,000 Listed Price

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2323 Wall Street, Los Angeles, CA, 90011 is a Multi-Family Home for sale at $1,200,000 with 4,530 sqft and a lot size of 0.17. 2323 Wall Street is a studio with 0.0 baths and was built in 1903. The property's zip code is 90011 which is in Los Angeles, CA