2323 Wall Street
2323 Wall Street
$1,300,000
11
5
4,530
4,530
$287
Description
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...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
- Listed by Sean Rosenzweig • DRE #01406343 • Brokerage DRE #01240999 • Marcus & Millichap
Property Details for 2323 Wall Street
Zoning
LARD2
Parcel Number5127013025
Total Units5.0
Living Area4530
Source Living AreaAssessor
AreaDowntown L.A. (C42)
Vacancy Rate2
Lot Size Area7502
Location
LISTING UPDATED: 04/03/2024 10:34 AM
Property Details for 2323 Wall Street
Status | Active |
---|---|
MLS # | 23-337483 |
Days on Market | 149 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1903 |
Lot Size | 0.17 AC / 7,502 SF |
County | Los Angeles County |
Location
Building Information for 2323 Wall Street
Stories2Residences-Year Built1903Building Size-Lot Size0.17 AC / 7,502 SF
Payment Calculator
$7,976 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 2323 Wall Street
Property History for 2323 Wall Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 2323 Wall Street
Taxable ValueLand$378,746Additions$414,099Total$792,845
Tax Record2023$10,575 ($881 / month)
Home Facts
Total Finished SqFt4,530 SqFtAbove Grade Finished SqFt4,530 SqFtLot Size7,500 SqFtStyleMulti-Family Res (5+ Units)Year Built1903ZoningLARD2CountyLOS ANGELESAPN5127-013-025
Schools near 2323 Wall Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
San Pedro Street Elementary School PublicK to 5 | ||
John Adams Middle School Public6 to 8 | ||
Nava College Preparatory Academy Public9 to 12 | ||
Thomas Jefferson Senior High School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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