1677 W 24th Street, Los Angeles, CA 90007 - Berkshire Hathaway HomeServices California Properties

1677 W 24th Street, Los Angeles, CA 90007

$1,149,000 Approx. USD 5 beds, 3 baths
2,529 sqft

Listing Agent


Janice Jeong Lee | realtorjanicelee@gmail.com
Lic#: 01898929
Broker: Courtesy of Dream Realty & Investments Inc

Co Listing Agent


Koeun Hwang | 5909908@gmail.com
Lic#: 01718399
Broker: Courtesy of Happy Haus Inc.

Agent Remarks

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!

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 24463003
Price: $1,149,000
Beds: 5
Baths: 3
Built in 1906
2,529 sqft
2 stories
0.16 acres
Lot size: 0.1553
County: Los Angeles
Property style: Craftsman
Zoning: LARD1.5
Parking description: Uncovered
Heating description: Wall Furnace
MLS area: C16 - Mid Los Angeles

Last Updated: 12/12/2024

 Days On Market (DOM): 151

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This listing belongs to the C16 - Mid Los Angeles MLS area

The style of this listing is Craftsman.
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Lat/Long: 34.034800, -118.299716.
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Source: CRM. Also Available in 25505025,

DISCLAIMER: There is NO WARRANTY, expressed or implied, for the accuracy of this information or its applicability to your financial situation. Please consult your financial and/or tax advisor. GET PRE-APPROVED The loan's interest rate will depend upon the specific characteristics of the loan transaction and credit profile up to the time of closing.

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