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622 E 24th Street, Los Angeles, CA 90011

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For Sale

$749,900

5 beds • 2 baths • 1,232 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $608.69
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

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.
MLS# DW24194100

Courtesy Of Century 21 Allstars

(562) 863-2121

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Dock
  • Architecture Style
    Other

Map and Directions

Directions to 622 E 24th Street, Los Angeles, CA 90011

Home seller CENTURY 21 Allstars

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CENTURY 21 Allstars

(562) 863-2121
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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.

† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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