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 Details
Property Features
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (310) 777-6200
Listing Agent: Herbert L McGurk
Lot Features
Lot Information:
Lot Size: 0.14 Acres
Other
Directions Information:
Directions: East of San Pedro Street, North of Adams Blvd.
Price Information
Listing Price Info
Price Summary:
List Price: $1,195,000
Tax Information:
Annual Amount: $1,015
Tax Year: 2021
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Housing Market Comparison
See how this home compares to others in Los Angeles, CA.
This property is $173.4K more than the Median Sold Price in Los Angeles, CA.
Based on homes sold in the last 12 months
MLS Details
MLS Information:
MLS Name: CRMLS
MLS Number: #24426808
Listing Office:
Office Name: Coldwell Banker Realty
Office Phone: (310) 777-6200
Listing Agent: Herbert L McGurk
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available. Data displayed may be a portion of, and not a complete set of all listings published in the MLS. Last updated on: 12/22/2024, 3:20:58 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Property Sales & Tax
Tax History
YEAR
PROP. TAX
ASSESSMENT
2021
$1,015
$527,398
2020
$999
$521,992
2019
$1,001
$511,758
2018
$1,119
$501,724
2017
$1,119
$491,887
History based on county public records data.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
We're sorry, we currently don't have assigned school data for this listing.
Nearby Schools
3
/10
28th Street School
2807 Stanford Ave
Distance between this listing and this school0.34 miles
Public District Grades KG-5
4
/10
San Pedro Street Elementary
1635 S San Pedro St
Distance between this listing and this school0.42 miles
Public District Grades PK-5
5
/10
20th Street Elementary School
1353 E 20th St
Distance between this listing and this school0.48 miles
Public District Grades KG-5
Nearby Schools
6
/10
Synergy Kinetic Academy
1420 E Adams Blvd
Distance between this listing and this school0.73 miles
Public Charter Grades 6-8
4
/10
Dr. Julian Nava Learning Academy - School of Business & Tech
1420 E Adams Blvd
Distance between this listing and this school0.73 miles
Public District Grades 6-8
6
/10
John Adams Middle School
151 W 30th St
Distance between this listing and this school0.82 miles
Public District Grades 6-8
Nearby Schools
5
/10
Santee Education Complex
1921 Maple Ave
Distance between this listing and this school0.51 miles
Public District Grades 9-12
1
/10
Frida Kahlo High School
1924 S Los Angeles St
Distance between this listing and this school0.58 miles
Public District Grades 9-12
2
/10
Central High School
716 E 14th St
Distance between this listing and this school0.64 miles
The neighbors living near this home have an average income of $40,132. The majority of Los Angeles, CA residents have income between $35k-100k annually. Most families are married, with kids. The most common level of education of people living in this area is high school diploma.
All data provided by Home Junction and Claritas
Frequently Asked Questions About 906 E 23rd St
What is the listing price of this property?
The listing price of 906 E 23rd St property is $1,195,000.
What type of property is this?
The property 906 E 23rd St is land located in Los Angeles, California, 90011.
Is this property for sale now?
Active Listing: 906 E 23rd St is For Sale (Active/New) which means the seller is accepting offers.
What is the annual property tax for this property?
According to the records, the last property tax for 2021 is $1,015 (source: MLS/based on county public records data).
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This home is located at 906 E 23rd St in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This home sits on a 0.14 acre lot. It has been listed on Rocket Homes since August 12, 2024 and is currently priced at $1,195,000.
While more than 512 listings in Los Angeles, CA in November 2024 were sold above asking price, there were more than 177 listings sold at asking price, and more than 657 were sold below. The inventory of homes for sale in Los Angeles, CA between October 2024 and November 2024 decreased by 0.6%. The median list price of listings available in November 2024 was $1,021,532, while the average time on the real estate market was 38 days.
From Rocket Homes Real Estate and based on county public records data.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. 
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