$1,250,000
For Sale

610 E 24th Street

Los Angeles, CA 90011
0.22 acres | #BB24236061
Listing OfficeRedfin Corporation
Type:Multi-Family
Structure:4 Family
Zone:Residential

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 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.

  • Property Details
      • Lot DescriptionBackYard, CornerLot, Walkstreet
      • Stories1
    • Measurements
      • Acres0.2214
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1910
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$1,250,000
  • Other
      • MLS #BB24236061

Location

Lynn O'NeilReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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