622 E 24th Street Los Angeles, CA 90011
Multi-Family (2-4 Units)
MLS #: DW24194100
Courtesy Of Century 21 Allstars
$749,900
5 beds
|
2 baths
|
1,232 sq ft
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Estimated monthly payments:
$3,278/mo.* (recalculate)
Property InformationDescription
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.
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.
Features
- Age: Over 50 Years Old
- Amenities: Dock
- Architecture Style: Other
MAP & DIRECTIONS
School Information
622 E 24th Street, Los Angeles, CA 90011
| Other Nearby Schools | Distance | Type | Grades | School Rating |
|---|---|---|---|---|
| 28th Street School | 0.3 mi | Public | KG-5 | C- |
| Santee Education Complex | 0.4 mi | Public | 9-12 | C |
| Frida Kahlo High School | 0.4 mi | Public | 9-12 | D- |
| San Pedro Street Elementary | 0.4 mi | Public | PK-5 | C- |
| Dolores Huerta Elementary School | 0.5 mi | Public | KG-5 | B |
| John Adams Middle School | 0.6 mi | Public | 6-8 | B- |
| Youthbuild Charter School Of California | 0.6 mi | Public | 9-12 | D |
| Orthopaedic Hospital | 0.7 mi | Public | 9-12 | A |
| Quincy Jones Elementary | 0.7 mi | Public | KG-5 | D |
| Synergy Charter Academy | 0.7 mi | Public | KG-5 | B |
| 20th Street Elementary School | 0.7 mi | Public | KG-5 | C |
| Tri-c Community Day | 0.7 mi | Public | 7-12 | D- |
| Central High School | 0.7 mi | Public | 9-12 | D |
| Maple Primary Center | 0.8 mi | Public | PK-1 | |
| St Turibius School | 0.8 mi | Private | KG-8 | |
| Early College Academy-la Trade Tech College | 0.8 mi | Public | 9-12 | B+ |
| Matrix For Success Academy | 0.8 mi | Public | 9-12 | D- |
| William Jefferson Clinton Middle School | 0.9 mi | Public | 6-8 | C- |
| Accelerated Charter Elementary School | 0.9 mi | Public | KG-6 | B- |
| Animo Jackie Robinson High School | 0.9 mi | Public | 9-12 | B |
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.
Demographic Data
Los Angeles, CA 90011
| Median Age: | 30.9 |
|---|---|
| Married: | 45% |
| Number of Households: | 22,316 |
| Households with Children: | 55.7% |
Los Angeles, CA 90011
Demographic Data
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Occupancy Types
- 0 Vacant
- 0 Owned
- 0 Rented
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Transportation to Work
- 0 Drive
- 0 Public Transportation
- 0 Walk / Bike / Other
- 0 Work at Home
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