3 months on rocket

2324 W Washington Blvd, Los Angeles, CA, 90018

$1,400,000

Home List Price

$10,000*

Closing Credit

8 Bedrooms
8 Baths
5,802 SqFt
$241/SqFt
House

Location

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2324 W Washington Blvd, Los Angeles$1,400,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingAssigned, Gated
Year Built1917
HeatingWall Furnace
CoolingWall/Window Unit(s)
MLS #24429941
Lot Size0.16 Acres
StatusActive

About 2324 W Washington Blvd

2324 W Washington Blvd, a prime investment opportunity located in the heart of Mid City. This 4-unit multifamily property boasts a desirable unit mix, with all four units featuring spacious 2-bedroom, 1.5-bathroom floor plans. Each unit is designed with comfort and convenience in mind, offering expansive living spaces that are perfect for both families and professionals alike.The building spans an impressive 5,802 square feet on a 7,000 square foot lot, providing ample space for tenants. Each unit includes a separate laundry room, and with in-unit washer and dryer hookups, adding to the convenience and appeal for tenants.One of the four units is currently vacant and has been fully renovated, making it rent-ready for the new owner or ideal for an owner-occupant. This beautifully updated unit presents an immediate opportunity to generate income or enjoy modern living in a thriving neighborhood.Parking is a breeze with 4 designated spots on the property, of which only 2 are currently tied to leases, offering flexibility for future arrangements. The property is zoned LAC2, providing potential for additional development or other uses in the future.This property qualifies for attractive low down payment residential financing, making it an excellent choice for both seasoned investors and first-time buyers looking to enter the multifamily market. Don't miss out on this rare opportunity to own a well-maintained and income-generating property in one of Los Angeles' most dynamic and centrally located neighborhoods. Please Do not Disturb The Tenants.

Property Details

Property Features

Property Information:

  • Architectural Style: Spanish
  • Year Built: 1917
  • Stories: 2
  • Living Area: 5,802 SqFt

Listing Office:

  • Office Name: RE/MAX One
  • Office Phone: (818) 366-3300
  • Listing Agent: Chase Simonton

Interior Features

Bedroom and Bathroom Information:

  • Total Bedroom Count: 8

Exterior Features

Parking Information:

  • Parking: Assigned, Gated

Lot Features

Lot Information:

  • Lot Size: 0.16 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: Washington Blvd & Arlington Ave

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,400,000
  • Price Per SqFt: $241/SqFt

Tax Information:

  • Annual Amount: $14,754
  • 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

2324 W Washington Blvd vs Los Angeles

93 DAYS ON ROCKET

+55 Days

$1,400,000

+$376.5K More

$241/SqFt

-$400 Less

KEY TAKEAWAY

This property is $376.5K more than the Median Sold Price and $400/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: #24429941

Listing Office:

  • Office Name: RE/MAX One
  • Office Phone: (818) 366-3300
  • Listing Agent: Chase Simonton

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, 11:55:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Jul 17, 2019Home Sold
$1,175,000
Oct 30, 1996Home Sold
$169,000

Tax History

YEARPROP. TAXASSESSMENT
2021$14,754$1,187,173
2020$3,693$1,175,000
2019$3,528$246,727
2018$3,465$241,890
2017$3,465$237,148

History based on county public records data.

Payment Calculator

$7,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$4,264

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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-466618
7
/10

  • 24th Street Elementary School

  • 2055 W 24th St

  • 0.34 miles

  • Public District Grades KG-4

school-card-donut-466619
6
/10

  • Carson - Gore Academy of Enviornmental Studies

  • 3200 W Washington Blvd

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-466620
6
/10

  • Mid-City's Prescott School of Enriched Sciences

  • 3150 W Adams Blvd

  • 0.61 miles

  • Public District Grades 1-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $45,455. Residents of Los Angeles, CA typically earn between $35k-100k each year. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 2324 W Washington Blvd

What is the listing price of this property?

The listing price of 2324 W Washington Blvd property is $1,400,000.

What type of property is this?

The property 2324 W Washington Blvd is a house located in Los Angeles, California, 90018.

Is this property for sale now?

Active Listing: 2324 W Washington Blvd 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 $14,754 (source: MLS/based on county public records data).

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

The last sale was on July 17, 2019 for $1,175,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 2324 W Washington Blvd has 8 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 2324 W Washington Blvd is 5,802 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 2324 W Washington Blvd is 1917.

Rocket Homes›California›Los Angeles County›Los Angeles›90018›2324 W Washington Blvd

This home is located at 2324 W Washington Blvd in Los Angeles, CA and zip code 90018 in the Central LA neighborhood. This 5,802 square foot home, which was built in 1917, sits on a 0.16 acre lot. Features: 8 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since August 20, 2024 and is currently priced at $1,400,000.

In October 2024, from all listings sold in Los Angeles, CA there were more than 598 sold above asking price, over 753 sold below and more than 191 were sold right at the asked price. Between September 2024 and October 2024, Los Angeles, CA real estate market has seen increase in the number of listings by 11.2%. In October 2024 median list price was $1,023,474 and the average listing age was 38 days.

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

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