George Kpachavi, Listing Office: Keller Williams Realty-Studio City
$10,000
closing credit¹
1677 W 24th St Los Angeles, CA 90007
Property details
About 1677 W 24th St
Prime Location Triplex Income Property, Ideal for Owner-Occupant or Investors. 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. Unit 3 Upstairs (Vacant): 3BD 1 BA, Spacious and ready for immediate move-in, this unit offers a perfect opportunity for an owner-occupant to enjoy comfortable living while generating rental income from the other two units. Unit 1 & Unit 2 (Occupied):, Both 1BD 1 BA 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. Ideal for Owner-Occupants: With one unit currently vacant, this property is perfect for an owner who wants to live in one unit while enjoying the additional income from the other two. It's an excellent way to offset living expenses, with the potential for long-term financial growth. 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 UCS, 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 and owner-occupants alike. 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!
Highlights
Summary
- MLS Number: 24463003
- MLS Name: CRMLS
- Office Name: Dream Realty & Investments Inc
- Office Phone: (213) 380-8949
- Listing Agent: Janice Jeong Lee
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. 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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
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Last updated on: 1/30/2025, 11:55:54 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,149,000
1677 W 24th St
$10,000
closing credit¹
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0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Mar 03, 2022 | Home Sold | $1,060,000 |
Dec 11, 2017 | Home Sold | $830,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,102,824 | $13,767 |
2023 | $1,081,200 | $13,506 |
2022 | $889,924 | $10,905 |
2021 | $872,476 | $10,762 |
History based on county public records data.
Nearby schools
6
Vermont Avenue Elementary
Public District KG-5
0.5 mi
•1435 W 27th St
7
24th Street Elementary School
Public District KG-4
0.6 mi
•2055 W 24th St
3
John W. Mack Elementary
Public District KG-5
0.7 mi
•3020 S Catalina St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $47,054. Typical income of Los Angeles, CA residents is less than $<35k annually. The majority of families are single, no kids. Residents of this area typically have high school diploma education.
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Frequently asked questions
About 1677 W 24th St
This home is located at 1677 W 24th St in Los Angeles, CA and zip code 90007 in the South LA neighborhood. This 2,529 square foot home, which was built in 1906, sits on a 0.16 acre lot. Features: 5 bedrooms, 3 bathrooms. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $1,149,000.
Los Angeles, CA housing market in December 2024 saw over 524 listings sold above listed price, more than 203 sold at listed price and over 740 sold below. In December 2024 in Los Angeles, CA there were 5.3% less homes for sale than in November. In December 2024 median list price was $1,026,634 and the average listing age was 41 days.