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Listed by Alberto Meza • Century 21 Allstars
$ 749,900
Est. payment /mo
New
622 East 24th Street Los Angeles, CA 90011
1,232 SqFt
UPDATED:
01/11/2025 02:39 PM
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,232 sqft
Price per Sqft $608
MLS Listing ID DW-24194100
Year Built 1890
Lot Size 4,580 Sqft
Property Description
LOCATION! This exceptional property is situated in a prime location in Los Angeles, just a stone's throw away from the University of Southern California (USC), Exposition Park, and various renowned museums. The proximity to downtown Los Angeles enhances its appeal, making it an ideal investment opportunity for those seeking to capitalize on the vibrant urban lifestyle and cultural offerings of the area. The neighborhood boasts excellent accessibility to public transportation, shopping centers, dining options, and recreational facilities. The property consists of two units, each with distinct characteristics that cater to different living arrangements or investment strategies, for the front unit features three bedrooms and one bathroom. It is designed to accommodate larger families or groups looking for more space. This unit will be delivered vacant at the close of escrow, providing immediate flexibility for new owners, Section 8 pays for a 3 Bed $3,915, on title front unit shows like a 2 Bed/1 Bath, the second unit comprises two bedrooms and one bathroom, tenant pays $1,300 - section 8 Pays $3,052, It offers a cozy living environment suitable for smaller families or individuals seeking a comfortable home near USC and downtown Los Angeles. Both units are titled separately, allowing for various ownership possibilities such as live-in arrangements or rental opportunities. While both unit requires some exterior work, it presents an excellent opportunity for buyers to enhance its curb appeal and overall value. The current tenants have resided in the rear unit for over 20 years and have demonstrated kindness by maintaining the interior of their home. Their long-term presence indicates stability within the property, which can be appealing to prospective buyers who value tenant reliability, the exterior work needed can be viewed as an opportunity for improvement rather than a drawback; it allows new owners to customize the property according to their vision while potentially increasing its market value. Professional photos coming soon.
Location
State CA
County Los Angeles
Zoning LARD2
Interior
Laundry Common Area
Exterior
Parking Features Gated
Pool None
Community Features Sidewalks, Street Lights, Suburban
Building
Lot Description 0-1 Unit/Acre
Sewer Public Sewer