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906 23rd Street

Los Angeles, CA 90011

$1,195,000 Price
Est. Payment: $ 0/mo
0
Bed
0
Bath
6,234 Sq. Ft.
$192 / Sq. Ft.

906 23rd Street

Los Angeles, CA 90011

$1,195,000 Price
$0/mo
0
Bed
0
Bath
6,234
Sq. Ft.
25% Price Reduction! A possible affordable housing development opportunity at 906 E 23rd Street, just south of Downtown Los Angeles. The 6,232 sq. ft. lot currently has an 8648 sq. ft. structure that will be delivered vacant at close of escrow. Located in a dense community with an easy commute to Downtown and close to multiple Metro local lines, Metro A Line (Blue) to Long Beach and Metro E Line (Gold) to Santa Monica. The property is located in the Opportunity Zone which offer incentives for investing in low-income communities. Opportunity Zones programs offer three tax incentives through a qualified Opportunity Fund. Property is also centered in the Enterprise Zone which the Federal, State and City governments provide economic incentives to stimulate local investment and employment through tax and regulation relief and improvement of public services. Located 2 miles from USC and the LA Convention Center, close to the Fashion District Downtown and the Los Angeles Trade Technical College. Maximum Unit Count is 4 (four) Units 2 units plus a 1,200 sq. ft ADU and a 500 sq. ft. JADU. Maximum Build Size is 10,800 sq. ft. for all livable structures. Heigth Limit is 3 Stories (33 ft.) Property down the street is building a three story duplex and 2 two story ADUs. a total of three buildings. Maximum Build Size is 16,200 sq. ft for all livable structures. (Information provided by Flipro.) Contact LA1 for further information.
PROPERTY INFORMATION
MLS # 24426808 Lot Size 6,234 Sq. Ft.
HOA Fees $0/Monthly Property Type N/A
Price $ 1,195,000
Price Per SqFt: $ 192
DOM 266 Days
Address 906 23rd Street Type Land
City Los Angeles Sq.Ft. 6,234 Sq. Ft.
Postal Code 90011 Garage N/A
County Los Angeles Year Built
Bed / Bath 0 / 0 Parking N/A
Built In Status Active
INTERIOR FEATURES
Has Appliances Yes
EXTERIOR FEATURES
WALKSCORE
MORTGAGE CALCULATOR
  • Principal & Interest:
  • Property Tax:   $1,275
  • Home Insurance:$119
  • HOA Fees:$0
  • Mortgage Insurance:


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PRICE HISTORY
Date Event Price
08/12/2024 Listed $1,595,000
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Listing provided courtesy of Herbert L McGurk, Coldwell Banker Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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.
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