553 Ceres Avenue, Los Angeles, CA 90013 (MLS # 25495039)

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PRICE $1,850,000 dsIDX morgage calculator
BEDS 0
BATHS 0
HOME SIZE 5,430 sqft
LOT SIZE 3,860 sqft

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.

DAYS ON MARKET 57 LAST UPDATED 2/5/2025
YEAR BUILT 1903 COMMUNITY Downtown L.A.
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
AREA Downtown L.A.
GARAGE None
HEAT Forced Air
LOT 3858 sq ft
PARKING None
STORIES 2
ZONING LAM2
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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Listed with Keller Williams Realty Calabasas

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Based on information from California Regional Multiple Listing Service, Inc. as of 4/2/25 9:55 PM PDT 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. Properties may or may not be listed by the office/agent presenting the information

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