553 Ceres Avenue, Los Angeles, CA 90013

Local realty services provided by:Better Homes and Gardens Real Estate Oak Valley
553 Ceres Avenue,Los Angeles, CA 90013
$1,850,000
  • - Beds
  • - Baths
  • 5,430 sq. ft.
  • Multi-family
  • Active
Listed by:alex galuz
Office:keller williams realty calabasas
MLS#:25495039
Source:CRMLS

Price summary

  • Price:$1,850,000
  • Price per sq. ft.:$340.7

About this home

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.

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Home facts

  • Year built:1903
  • Listing Id #:25495039
  • Added:189 day(s) ago
  • Updated:August 13, 2025 at 01:10 PM

Rooms and interior

  • Living area:5,430 sq. ft.

Heating and cooling

  • Heating:Forced Air

Structure and exterior

  • Year built:1903
  • Building area:5,430 sq. ft.
  • Lot area:0.09 Acres

Finances and disclosures

  • Price:$1,850,000
  • Price per sq. ft.:$340.7
Based on information from California Regional Multiple Listing Service, Inc. as of August 14, 2025 . 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.