929 W 23rd Street, Los Angeles, CA 90007

$1,285,000
5
BD
4
BA
2,006
SqFt
Sold Price
$1,285,000
List Price
$1,350,000
Closing Date
Mar 09, 2023
Status
CLOSED
MLS#
23229323
Year Built
1900
Bedrooms
5
Bathrooms
4
Living Sq. Ft
2,006
Lot Size
7,075
Acres
0.16
Days on Market
49
Property Type
Single Family Residential
Style
Other
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.

Additional Information

Pool Description
None
Heat
Central
Cooling
Yes
Cooling Description
Central Air
Attached Structure
Detached

Listing courtesy of Listing Agent: Adam Shamooelian (Adam@shamooeliangroup.com) from Listing Office: Keller Williams Beverly Hills.

Listing sold by Mason Shieh from D. Wahl Realty

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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.