2323 Wall Street Los Angeles, CA $ 1,300,000
2323 Wall Street
$ 1,300,000
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2323 Wall Street

Los Angeles, CA, 90011
$ 1,300,000
Bedrooms11 Baths5.0 Sq 4,530

Monthly Estimate*

$ 9,081

Listed by Marcus & Millichap
2323 Wall Street, Los Angeles, CA 90011 - Image 1
2323 Wall Street, Los Angeles, CA 90011 - Image 2
2323 Wall Street, Los Angeles, CA 90011 - Image 3
2323 Wall Street, Los Angeles, CA 90011 - Image 4
2323 Wall Street, Los Angeles, CA 90011 - Image 5
2323 Wall Street, Los Angeles, CA 90011 - Image 6

Multi-Family Home for sale in Los Angeles, CA

for $1,300,000 with 11 bedrooms and 5 full baths. This 4,530 square foot home was built in 1903 on a lot size of 0.1722.

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

$ 1,300,000

Bedrooms

11

Full Bath

5

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.1722

Year Built

1903

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

23337483

Days on Market

147

Features
General
Zoning LARD2
Year Built 1903
Stories 2
Levels Two
Gross Income 119160.0
County Los Angeles
Net Operating Income 72190.0
New Construction N
Property Type ResidentialIncome
HOA / Comm Assn N
Attached Garage N
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions East of Maple Avenue and South of Washington Boulevard.
City Los Angeles
View Y/N N
Senior Community Y/N N
Total Units 5
MLS Area C42 - Downtown L.A.
Lot Size Square Feet 7502.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name Wall
Property Attached Y/N N
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Days on Market 119
Standard Status Active
Year Built Source Assessor
Cap Rate 5.55
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Exterior
Parking Features None
Total Parking 4.0
Lot Size Area 7502.0
Number of Buildings 2
Spa N
Building Area Total 4530.0
Lot Size Acres 0.1722
Lot Size Units SquareFeet
Lot Size Source Assessor
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Interior
Total Stories 2
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N N
Fireplace Y/N N
Full Baths 0
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Street Suffix Street
Total Bedrooms 11
Electric On Property Y/N N
Total Baths 5
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Internal Only
Street Number 1 2323
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* Excluded Features
List By
Marcus & Millichap

Broker

(213) 943-1897

Phone

Affordability Calculator

$9,081
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,081
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% 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
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
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 $1,300,000 with 4,530 sqft and a lot size of 0.1722. 2323 Wall Street has 11 bedrooms, 5.0 baths, and was built in 1903. The property's zip code is 90011 which is in Los Angeles, CA