Keegan Cin | Realtor® | License # DRE 01971604

Property

Los Angeles, CA 90011 610 E 24th Street

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Presented By: Alin Glogovicean with Redfin Corporation;
  • MLS# BB24236061
  • 11/21/2024
  • Request Tour
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  • Beds • 4
  • Baths • 2
  • SQFT • 4,429
  • Year Built • 1910

Home Details

HUGE PRICE REDUCTION!! Exceptional Multi-Unit Compound on Double Corner Lot!! Introducing a rare opportunity to acquire a meticulously maintained multi-unit property situated on a prime double corner lot. This unique compound features three distinct buildings, offering a blend of spacious living and investment potential, making it ideal for both long-term rentals and owner-occupancy. Main Residence: Four-Bedroom House!! At the heart of the property lies a separately fenced four-bedroom house, characterized by its impressive high ceilings and exceptionally large rooms. This home boasts generous closet space, ensuring ample storage for all your needs. The expansive yard provides a private outdoor retreat, perfect for family gatherings or serene relaxation. Detached Four-Bedroom, Two-Bathroom Home!! Adjacent to the main house is a detached four-bedroom, two-bathroom residence that has been remodeled to meet modern standards. With a newer roof, updated kitchen, and contemporary bathrooms, this home offers a fresh and inviting atmosphere. Spanish Style Duplex with Two-Bedroom Apartments!! Completing this remarkable compound is a charming Spanish duplex featuring two well-maintained two-bedroom apartments. Each unit is occupied by long-term tenants, ensuring a stable rental income stream for the new owner. The classic architecture and thoughtful design of these apartments contribute to the property’s overall appeal, making it an attractive option for renters. This property is legally classified as a five-plex, having converted one duplex into a single-family dwelling, further enhancing its investment potential. With a combination of long-term tenants and owner-occupancy opportunities, this compound presents a unique chance to capitalize on the booming rental market while enjoying the benefits of homeownership. Don’t miss this exceptional opportunity to invest in a well-maintained multi-unit property that offers both immediate rental income and the possibility for personal use. With its prime location, spacious units, and attractive features, this compound is poised to sell quickly. Whether you are an astute investor or seeking a beautiful residence with additional rental potential, this property is sure to exceed your expectations.
Presented By: Alin Glogovicean with Redfin Corporation;

Interior Features for 610 E 24th Street

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Total Stories1

Other Rooms

Entry Level1

General for 610 E 24th Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityLos Angeles
Community FeaturesCurbs, StreetLights, Urban
CountyLos Angeles
DirectionsSOUTH OF WASHINGTON/EAST OF MAPLE-WEST OF SAN PEDRO (10 FREEWAY OFF AT SAN PEDRO)
Electric Expense9900.0
Electric On Property Y/NNo
Entry Locationfront
Fuel Expense0.0
Garage Spaces0.0
Garage Y/NNo
Gross Income78432.0
HOANo
Home Warranty Y/NNo
Insurance Expense4500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCashToNewLoan, Conventional, Submit
Lot Size Square Feet9644.0
Lot Size UnitsSquareFeet
MLS AreaC42 - Downtown L.A.
MaintenanceExpense400.0
MobileHomeRemainsYNNo
Net Operating Income47132.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Operating Expense31300.0
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
SewerPublicSewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tax Lot2
Taxes$11,500
Total Actual Rent6286.0
Trash Expense0.0
Water Sewer Expense0.0
Year Built1910
Year Built SourcePublicRecords
ZoningLARD2

Exterior for 610 E 24th Street

Building Area Total4429.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard, CornerLot, Walkstreet
Lot Size Acres0.2214
Lot Size Area9644.0
Lot Size SourceAssessor
Number of Buildings3
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesDriveway, OnStreet
Private PoolNo
SpaNo
Total Parking4.0
Water SourcePublic
Waterfront Y/NNo

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $1,070,000
MLS#BB24236061
List Date 11/21/2024
Property Type Multi-Family
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