610 E 24Th Street

Los Angeles, CA 90011

$1,250,000

List Price

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1910

calendar_month Built

Property 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.

Listing Information

List Price $1,250,000
Status Active
MLS BB24236061
Type Residential Income
Subtype Quadruplex
Year Built 1910
Lot Size 9,644
Structure Size N/A
DOM 1
Courtesy Of Redfin Corporation
Listing Agent Alin Glogovicean DRE#01327641

Interior Features

Laundry Information
Location(s) None
Total Bedroom
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Exterior Information

Maps

Listing information courtesy of: Alin Glogovicean, Redfin Corporation . *Based on information from the Association of REALTORS/Multiple Listing as of Nov 22nd, 2024 at 2:26 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.