$1,850,000
- Beds
- Unknown
- sq ft
- 5,430
553 Ceres Ave, Los Angeles, CA 90013
553 Ceres Ave
Los Angeles, CA 90013
- 60 days on market
Looking for a 8 cap day one with upside to a 10 cap- look no further. This 28 unit SRO building (SRO means Single Room Occupancy - they are like hotel rooms - no kitchens ) may be the right one for you. Located on the border of Downtowns thriving Arts District ( although it does touch Skid Row ) it is located on Ceres Street , which is only one street west of Central - the dividing line to the Arts District. This could be a cool starving artists rental community. Skid Row is going through some heavy revitalization with multiple developments being erected. $2B project on 5th and Central to name one of a few being worked on. We are on 6th and Central. There is also the $47.5-million Skid Row Connectivity & Safety Project in the works. Some of the rooms share common bathrooms on each floor. Some have private bathrooms. No Kitchens in these rooms.
Details
Property type
Lot size
3,858 sq ft
Price per sq ft
$341
Year built
1903
HOA
No
Price History
02/05/2025
CLAW #25495039
Listed
$1,850,000
Schools & Community
Neighborhood:
Downtown
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Status: Active
Tomo last checked: 04/06/2025 at 1:50 PM
Listing updated: 02/13/2025 at 5:35 AM
Listed by: Alex Galuz, Keller Williams Realty Calabasas Phone #: (818) 657-6500
MLS: CLAW #25495039
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