622 E 24th ST Los Angeles, CA 90011
1,232 SqFt
UPDATED:
12/11/2024 06:49 PM
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Hold
Purchase Type For Sale
Square Footage 1,232 sqft
Price per Sqft $608
MLS Listing ID DW24194100
HOA Y/N No
Year Built 1890
Lot Size 4,578 Sqft
Acres 0.1051
Property Description
The property consists of two units, each with distinct characteristics that cater to different living arrangements or investment strategies, for the front unit features three bedrooms and one bathroom. It is designed to accommodate larger families or groups looking for more space. This unit will be delivered vacant at the close of escrow, providing immediate flexibility for new owners, Section 8 pays for a 3 Bed $3,915, on title front unit shows like a 2 Bed/1 Bath, the second unit comprises two bedrooms and one bathroom, tenant pays $1,300 - section 8 Pays $3,052, It offers a cozy living environment suitable for smaller families or individuals seeking a comfortable home near USC and downtown Los Angeles. Both units are titled separately, allowing for various ownership possibilities such as live-in arrangements or rental opportunities.
While both unit requires some exterior work, it presents an excellent opportunity for buyers to enhance its curb appeal and overall value. The current tenants have resided in the rear unit for over 20 years and have demonstrated kindness by maintaining the interior of their home. Their long-term presence indicates stability within the property, which can be appealing to prospective buyers who value tenant reliability, the exterior work needed can be viewed as an opportunity for improvement rather than a drawback; it allows new owners to customize the property according to their vision while potentially increasing its market value. Professional photos coming soon.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LARD2
Interior
Laundry Common Area
Exterior
Pool None
Community Features Sidewalks, Street Lights, Suburban
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Special Listing Condition Standard
Confidential INFO
TERMS 1031 Exchange,Cash,Conventional,FHA,FHA 203(k),VA Loan
LIST AGRMT Exclusive Right To Sell
LIST SERVICE Full Service
SHOW CONTACT TYPE See Remarks
SHOW CONTACT NAME By Appointment Only
SHOW CONTACT PH 562-359-6674
SHOW INSTRUCTIONS PROPERTY IS NOT AVAILABLE FOR SHOWINGS, SUBMIT OFFER SUBJECT TO INTERIOR TO GET ACCESS Please submit offer to interior inspection to get interior access, any questions please call or text listing agent at (562) 359-6674, DON'T DISTURB TENANTS All buyers need to send PRE-QUAL, DU & POF, before showing the property. Buyers need to be cross qualify with sellers preferred lender before opening escrow Email for the offers please send to: Mezza.c21abs@gmail.com & CC: ettoregonzallini@gmail.com
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