8 days on rocket

1677 W 24th St, Los Angeles, CA, 90007

$1,149,000

Home List Price

$10,000*

Closing Credit

5 Bedrooms
3 Baths
2,529 SqFt
$454/SqFt
House

Location

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1677 W 24th St, Los Angeles$1,149,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingUncovered
Year Built1906
HeatingWall Furnace
ViewCity Lights
MLS #24463003
Lot Size0.16 Acres
StatusActive

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!

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1906
  • Stories: 2
  • Living Area: 2,529 SqFt

Listing Office:

  • Office Name: Dream Realty & Investments Inc
  • Office Phone: (213) 380-8949
  • Listing Agent: Janice Jeong Lee

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • View: City Lights

Parking Information:

  • Parking: Uncovered

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: E. of Normandie and N. of Adams

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,149,000
  • Price Per SqFt: $454/SqFt

Tax Information:

  • Annual Amount: $10,763
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1542

1677 W 24th St vs Los Angeles

8 DAYS ON ROCKET

-30 Days

$1,149,000

+$125.5K More

$454/SqFt

-$187 Less

KEY TAKEAWAY

This property is $125.5K more than the Median Sold Price and $187/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24463003

Listing Office:

  • Office Name: Dream Realty & Investments Inc
  • Office Phone: (213) 380-8949
  • Listing Agent: Janice Jeong Lee

IDX 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.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/21/2024, 11:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Dec 11, 2017Home Sold
$830,000

Tax History

YEARPROP. TAXASSESSMENT
2021$10,763$872,476
2020$10,445$863,531
2019$10,313$846,600
2018$1,120$830,000
2017$1,120$61,561

History based on county public records data.

Payment Calculator

$5,802

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,511

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-271211
6
/10

  • Vermont Avenue Elementary

  • 1435 W 27th St

  • 0.47 miles

  • Public District Grades KG-5

school-card-donut-271212
7
/10

  • 24th Street Elementary School

  • 2055 W 24th St

  • 0.62 miles

  • Public District Grades KG-4

school-card-donut-271213
3
/10

  • John W. Mack Elementary

  • 3020 S Catalina St

  • 0.67 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,054. The majority of Los Angeles, CA residents have income less than $35k annually. The majority of families are single, no kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1677 W 24th St

What is the listing price of this property?

The listing price of 1677 W 24th St property is $1,149,000.

What type of property is this?

The property 1677 W 24th St is a house located in Los Angeles, California, 90007.

Is this property for sale now?

Active Listing: 1677 W 24th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $10,763 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on December 11, 2017 for $830,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1677 W 24th St has 5 bedrooms and 3 bathrooms.

What is the square footage of this property?

The property 1677 W 24th St is 2,529 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1677 W 24th St is 1906.

Rocket Homes›California›Los Angeles County›Los Angeles›90007›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.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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