2323 Wall Street, Los Angeles
Los Angeles Home For Sale
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***
Property Details
Additional Information
-
- City:
- Los Angeles
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- County:
- Los Angeles
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- Zip:
- 90011
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- MLS® #:
- 23337483
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- Bedrooms:
- 11
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- Bathrooms:
- 5
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- Square Ft:
- 4,530
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- Lot Size:
- 0.17
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- Levels:
- Two
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- HOA Dues:
- $
Price Change History for 2323 Wall Street, Los Angeles, (MLS® #23337483)
| Date | Details | Price | Change |
|---|---|---|---|
| Active Under Contract (from Active) | – | – | |
| Price Reduced | $1,200,000 | $100,000 (7.69%) | |
| Price Reduced (from $1,325,000) | $1,300,000 | $25,000 (1.89%) |
Based on information from California Regional Multiple Listing Service, Inc. as of July 23rd, 2024 at 5:55pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.