610 East 24th Street

Los Angeles, CA 90011

$1,250,000
Price
12
Beds
6
Baths
4,429 Sq. Ft.
$282 / Sq. Ft.
4,429
Sq. Ft.
$282
per Sq. Ft.

Description

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...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.
  1. Listed by Alin Glogovicean • DRE #01327641 • Brokerage DRE #01521930 • Redfin Corporation

Property Details for 610 East 24th Street

Parking Spaces Total
4
Private Pool
No
Total Units
4.0
Building Type
Detached
Lot Size Source
Assessor
Living Area
4429
Assessor Parcel Number
5127-009-001
Property Attached YN
false
LISTING UPDATED: 11/21/2024 10:25 PM

Property Details for 610 East 24th Street

StatusActive
MLS #BB24236061
Days on Market2
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1910
Lot Size0.22 AC / 9,644 SF
CountyLos Angeles County

Building Information for 610 East 24th Street

Stories1Residences-Year Built1910Building Size-Lot Size0.22 AC / 9,644 SF

Property Information for 610 East 24th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $75,432
  • Gross Scheduled Income: $75,432
  • Net Operating Income: $44,132
Expense Details
  • Operating Expense: $31,300
  • New Taxes Expense: $11,500
  • Fuel Expense: $0
  • Pest Control Expense: $2,500
  • Electric Expense: $9,900
  • Insurance Expense: $4,500
  • Maintenance Expense: $400
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $44,132
Tax / Assessment Info
  • Tax Block: B
  • Tax Tract Number: 41.79
  • Tax Census Tract: 2264.10
  • CFD/Mello-Roos Fee: $779
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Curbs, Street Lights, Urban
Property / Structure Info
Interior Features
  • Laundry: No
  • Laundry Features: None
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: Back Yard, Corner Lot, Walkstreet
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage: Driveway, On street
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Driveway, Street
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $2,184
  • Unit Type Total Rent: $2,184
  • Unit Type Pro Forma: 3000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,875
  • Unit Type Total Rent: $1,875
  • Unit Type Pro Forma: 2500
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,119
  • Unit Type Total Rent: $1,119
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,108
  • Unit Type Total Rent: $1,108
  • Unit Type Pro Forma: 1500
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 610 East 24th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 610 East 24th Street

Taxable ValueLand$535,910Additions$411,979Total$947,889
Tax Record2024$12,151 ($1,013 / month)
Home Facts
Total Finished SqFt4,048 SqFtAbove Grade Finished SqFt4,048 SqFtLot Size9,641 SqFtStyleQuadraplexYear Built1910ZoningLARD2CountyLOS ANGELESAPN5127-009-001

Schools near 610 East 24th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
San Pedro Street Elementary School
PublicK to 5

John Adams Middle School
Public6 to 8

Thomas Jefferson Senior High School
Public9 to 12

Nava College Preparatory Academy
Public9 to 12

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.

Similar Homes

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610 East 24th Street is a multi-family home for sale in Los Angeles, CA 90011. This property was listed for sale on November 21, 2024 by Redfin Corporation, it's currently listed at $1,250,000. It has been on the market for a total of 2 days and was last sold on January 11, 2006. This listing's school district is Los Angeles Unified School District. Nearby schools include San Pedro Street Elementary School, John Adams Middle School and Thomas Jefferson Senior High School. 610 East 24th Street is a 12-bed, 6-bath, 4,429 sqft multi-family home built in 1910.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Redfin Corporation, Alin Glogovicean, DRE #01327641

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.