Price Reduction
Address
663 W 23rd Street Los Angeles, CA
Price
$ 1,997,500
Property Attributes
  • MLS#20631946
  • TypeIncome
  • CountyLOS ANGELES
  • CityLos Angeles
  • AreaDowntown L.A.
  • Zip90007
  • Style
  • Price$ 1,997,500
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size7,841 SqFt
Listing Provided Courtesy Of:
Davis Saadian with BRC Advisors- BH
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.

Price History
9/12/2020 Listed $2,145,000
10/9/2020 7% - $1,997,500

General Features

Co-Listing Agent Last Name Soumekh
Co-Listing Agent Last Name Sherwin
Co-Listing Agent State License # 02022101
Co-listing Agent Sherwin Soumekh - BRE#02022101
Directions 663 W. 23rd Street, LA 90007
Listing Agent Davis Saadian - BRE#01921748
Listing Agent State License 01921748
MLS Area C42 - Downtown L.A.
Parking Features Driveway
Special Listing Conditions Standard
Total Units 7
Zoning LARD1.5

Interior Features

Total Stories 2

Exterior Features

Lot Size Acres 0.1800
Lot Size Area 8268.0000
Lot Size Source Assessor
Lot Size Square Feet 8268.00
Lot Size Units Square Feet
Number of Buildings 1
Parking Y/N Yes

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 90007

Price
AVG $1.99M
$2M
Visits
AVG 25
14
Year Built
AVG 1936
1908
Walkscore
AVG 83
84
Data Provided by Walkscore ® not using MLS data

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