1677 West 24th Street
$1,149,000
5
3
2,529
2,529
$454
Description
Prime Location Triplex Income Property, Ideal for Owner-Occupant or Investors. This beautifully crafted triplex offers a unique investment opportunity in one of the most sought-after neighborhoods in Los Angeles. Nestled between the vibrant culture of Koreatown, the bustling energy of Downtown LA, and the academic pulse of USC. This property presents a rare combination of prime location, quality craftsmanship, and steady rental income potential. Craftsman-style design, with stunning details including...Prime Location Triplex Income Property, Ideal for Owner-Occupant or Investors. This beautifully crafted triplex offers a unique investment opportunity in one of the most sought-after neighborhoods in Los Angeles. Nestled between the vibrant culture of Koreatown, the bustling energy of Downtown LA, and the academic pulse of USC. This property presents a rare combination of prime location, quality craftsmanship, and steady rental income potential. Craftsman-style design, with stunning details including built-in cabinetry, hardwood floors, and large windows that allow natural light to pour in. Unit 3 Upstairs (Vacant): 3BD 1 BA, Spacious and ready for immediate move-in, this unit offers a perfect opportunity for an owner-occupant to enjoy comfortable living while generating rental income from the other two units. Unit 1 & Unit 2 (Occupied):, Both 1BD 1 BA units are currently occupied by responsible tenants who consistently pay rent on time, offering a steady cash flow. These tenants take great care of the property, ensuring low turnover and minimal maintenance. Ideal for Owner-Occupants: With one unit currently vacant, this property is perfect for an owner who wants to live in one unit while enjoying the additional income from the other two. It's an excellent way to offset living expenses, with the potential for long-term financial growth. Huge backyard that can easily accommodate up to six parking spaces, a rare find in this neighborhood. The expansive outdoor space offers endless possibilities for future development. Prime Location: Just minutes from UCS, making it an ideal location for students or faculty. Koreatown is a vibrant cultural hub filled with dining, shopping, and entertainment. A short drive to Downtown LA, offering easy access to the city's business, arts, and entertainment districts. Close to major highways and public transportation, ensuring convenience for tenants and owner-occupants alike. This triplex offers more than just a comfortable living space it's a sound investment opportunity in one of LA's most rapidly appreciating areas. With steady, reliable tenants and the ability to generate additional income from the vacant unit, this property is poised for long-term growth. Don't miss out on this rare opportunity to own a beautifully crafted income property in a prime location with unbeatable potential. Whether you're an investor or looking for a home with income-generating capabilities, this triplex is a must-see!
- Listed by Janice Jeong Lee • DRE #01898929 • Brokerage DRE #01350852 • Dream Realty & Investments Inc
- Listed by Koeun Hwang • DRE #01718399 • Brokerage DRE #01718399 • Happy Haus Inc.
Property Details for 1677 West 24th Street
Zoning
LARD1.5
StyleCraftsman
Parcel Number5054002031
Total Units3.0
Living Area2529
Source Living AreaVendor Enhanced
AreaMid Los Angeles (C16)
Vacancy RateYes
LISTING UPDATED: 11/15/2024 10:42 AM
Property Details for 1677 West 24th Street
Status | Active |
---|---|
MLS # | 24-463003 |
Days on Market | 5 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1906 |
Lot Size | 0.16 AC / 6,764 SF |
County | Los Angeles County |
Building Information for 1677 West 24th Street
Stories2Residences-Year Built1906Building Size-Lot Size0.16 AC / 6,764 SF
Property Information for 1677 West 24th Street
Property History for 1677 West 24th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1677 West 24th Street
Taxable ValueLand$624,240Additions$478,584Total$1,102,824
Tax Record2024$13,767 ($1,147 / month)
Home Facts
Total Finished SqFt2,529 SqFtAbove Grade Finished SqFt2,529 SqFtLot Size6,762 SqFtStyleTriplexYear Built1906ZoningLARD1.5CountyLOS ANGELESAPN5054-002-031
Schools near 1677 West 24th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Public - | K to 12 | |||
Public - | 9 to 12 | |||
Public - | K to 10 |
Rating | School | Distance |
---|---|---|
Vermont Avenue Elementary School PublicK to 5 | ||
Foshay Learning Center PublicK to 12 | ||
West Adams Preparatory High School Public9 to 12 | ||
Sophia T. Salvin Special Education Center PublicK to 10 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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