Excellent investment opportunity in the heart of Los Angeles! This 2-bedroom, 1-bathroom home sits on a HUGE approximately 8,000 sq. ft. Lot, offering plenty of potential for an investor or buyer. The property is conveniently located approximately 8 minutes from Downtown Los Angeles, with easy access to the 110, 10, and 5 freeways. Close to shopping centers, dining, and more.
Property is being sold in its present AS-IS condition. Buyer and buyer’s agent are advised to independently verify all information, including property details, permits, zoning, and property square footage.
For sale
Listed by: Pinnacle Estate Properties • Adela Roushdi • Contact: 818-970-6466
$710,000
516 E 23rd St, Los Angeles, CA 90011
2beds
888sqft
Single Family Residence
Built in 1903
8,497 Square Feet Lot
$702,900 Zestimate®
$800/sqft
$-- HOA
What's special
- 19 days
- 160
- 6
Zillow last checked:
Listing updated:
Listed by:
Adela Roushdi DRE #01251048 818-970-6466,
Pinnacle Estate Properties
Source: CRMLS,MLS#: SR26180523
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 1
- Main level bedrooms: 1
Rooms
- Room types: Bedroom, Living Room
Bedroom
- Features: All Bedrooms Down
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: None
Features
- All Bedrooms Down
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total interior livable area: 888 sqft
Property
Parking
- Total spaces: 5
- Parking features: Driveway
- Garage spaces: 5
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
Lot
- Size: 8,497 Square Feet
- Features: 0-1 Unit/Acre, Flag Lot, Rectangular Lot
Details
- Additional structures: Guest House Detached, Storage
- Parcel number: 5127012003
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1903
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Available, Natural Gas Connected, Propane, Phone Available, Sewer Connected, Water Connected
Community & HOA
Community
- Features: Park, Sidewalks
- Security: Smoke Detector(s), Window Bars
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $800/sqft
- Tax assessed value: $468,180
- Date on market: 8/17/2026
- Cumulative days on market: 19 days
- Listing terms: Cash to New Loan,Conventional
Estimated market value
$702,900
$668,000 - $738,000
$2,715/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Listed for sale | $710,000+57.8%$800/sqft |
Source: | ||
| 12/7/2023 | Sold | $450,000+2.3%$507/sqft |
Source: Public Record Report a problem | ||
| 5/4/2007 | Sold | $440,000+41%$495/sqft |
Source: Public Record Report a problem | ||
| 12/5/2006 | Sold | $312,000+791.4%$351/sqft |
Source: Public Record Report a problem | ||
| 2/22/2005 | Sold | $35,000$39/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $468,180 +2% |
| 2025 | $5,799 +1.1% | $459,000 +2% |
| 2024 | $5,736 -19.6% | $450,000 -20.6% |
| 2023 | $7,133 +8.6% | $566,600 +5.9% |
| 2022 | $6,568 +18.2% | $535,000 +20.2% |
| 2021 | $5,555 -1.9% | $445,000 |
| 2020 | $5,664 | $445,000 +9.6% |
| 2019 | $5,664 +31.4% | $406,000 +18.4% |
| 2018 | $4,310 | $342,800 +14.4% |
| 2017 | $4,310 +14% | $299,600 |
| 2016 | $3,780 +0.4% | $299,600 +8.8% |
| 2015 | $3,763 +32.5% | $275,400 +27.4% |
| 2014 | $2,840 | $216,200 +21.7% |
| 2012 | -- | $177,600 |
| 2011 | -- | $177,600 |
| 2010 | -- | $177,600 |
| 2009 | -- | $177,600 -50.5% |
| 2008 | -- | $358,800 -16.9% |
| 2007 | -- | $431,600 +166.2% |
| 2006 | -- | $162,151 |
| 2005 | -- | $162,151 +4% |
| 2004 | -- | $155,856 +1.9% |
| 2003 | -- | $153,000 +678.5% |
| 2002 | -- | $19,653 +4% |
| 2000 | -- | $18,891 |
Find assessor info on the county website
Monthly payment
Est. payment
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Neighborhood: Central City
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