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622 E 24Th Street

Los Angeles, CA 90011

$749,900

List Price

N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten / sqft

1890

calendar_month Built

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.

Listing Information

List Price $749,900
Status Active
MLS DW24194100
Type Residential Income
Subtype Duplex
Year Built 1890
Lot Size 4,580
Structure Size N/A
Courtesy Of Century 21 Allstars
Listing Agent Alberto Meza DRE#02201262

Interior Features

Laundry Information
Location(s) Common Area
Total Bedroom
Bedrooms N/A
Total Bathroom
Bathrooms N/A

Exterior Information

Maps

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Listing information courtesy of: Alberto Meza, Century 21 Allstars . *Based on information from the Association of REALTORS/Multiple Listing as of Oct 7th, 2024 at 9:21 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.