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929 W 23rd St Los Angeles, CA 90007
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Key Details
Sold Price $1,285,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 2,006 sqft
Price per Sqft $640
MLS Listing ID 23-229323
Sold Date 03/09/23
Style Other
Bedrooms 5
Full Baths 3
Half Baths 1
HOA Y/N No
Year Built 1900
Lot Size 7,075 Sqft
Acres 0.1624
Property Sub-Type Single Family Residence
Property Description
A Victorian transitional style with many Craftsman elements, the home has been lovingly restored over the years, interior and exterior, including foundation, roof, exterior siding restoration and paint, new electrical, plumbing, stainless steel kitchen appliances, on-site washer & dryer, brand new bathroom renovations including tiled showers with glass enclosures, and much more. This fully renovated 4 bedroom + 3.5 bathroom + Detached Recreational Room, is ready to move in for any home buyers looking to move into the fast growing area as well as having the dual potential to achieve incredible rents as a USC Student Housing Investment Opportunity. Located in the highly desirable DPS Patrol Zone, and walking distance to the University of Southern California (USC), the property is approximately 2,006 rentable square feet on a large 7,075 square foot lot. The subject property is comprised of one large 4bd + 3.5 bth home in the front, with an additional rec room in the rear. The home will be delivered vacant, giving any buyer the opportunity to maximize rental income by increasing the number of bedroom/bathroom to accommodate more students. In addition, there's an excellent value-add opportunity to construct and ADU, and further increase cash flow for an owner-user or investor(Buyer to Verify). This is a rapidly growing neighborhood, a true community located in the heart of the USC ecosystem and is minutes away from campus as well as the USC Village, Trader Joe's, City Target and lots of great amenities and restaurants.
Location
State CA
County Los Angeles
Area Downtown L.A.
Zoning LARD1.5
Rooms
Other Rooms Other
Dining Room 0
Interior
Heating Central
Cooling Central
Flooring Hardwood
Fireplaces Type Other
Equipment Other
Laundry Other
Exterior
Parking Features Other
Garage Spaces 4.0
Pool None
View Y/N Yes
View Other
Building
Story 2
Architectural Style Other
Others
Special Listing Condition Standard
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Bought with D. Wahl Realty