Los Angeles, CA 90007 1677 W 24th Street

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Presented By: Janice Jeong Lee with Dream Realty & Investments Inc;
  • California Regional MLS (CRMLS) - 25 - CA
  • MLS# 24463003
  • 11/12/2024
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Disclaimer: The information contained in this listing has not been verified by Sell Buy OC Homes and should be verified by the buyer.
  • Beds • 5
  • Baths • 3
  • SQFT • 2,529

Home Details

Prime Location Triplex Income Property, Ideal for Investors with steady income. 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. All 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. 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 USC, 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. 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! Motivated seller!
Presented By: Janice Jeong Lee with Dream Realty & Investments Inc;

Interior Features for 1677 W 24th Street

Bedrooms

Total Bedrooms5

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths3

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesNone
Total Stories2

General for 1677 W 24th Street

Additional Parcels Y/NNo
Architectural StyleCraftsman
Attached Garage No
Carport Y/NNo
CityLos Angeles
CountyLos Angeles
DirectionsE. of Normandie and N. of Adams
Full Baths
Garage Y/NNo
Gross Income71760.0
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet6764.0
Lot Size UnitsSquareFeet
MLS AreaC16 - Mid Los Angeles
MobileHomeRemainsYNNo
Net Operating Income0.0
New ConstructionNo
Number Of Units Total3
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
ViewCityLights
Year Built1906
ZoningLARD1.5

Exterior for 1677 W 24th Street

Building Area Total2529.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.1553
Lot Size Area6764.0
Number of Buildings1
Parking FeaturesUncovered
Private PoolNo
SpaNo
Total Parking6.0
Waterfront Y/NNo

Additional Details

Price History

Hal Schlegel

Broker Associate
Price $1,150,000
MLS#24463003
List Date 11/12/2024
Property Type Multi-Family
Phone 714.742.6515
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