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!
For sale
$1,149,000
1677 W 24th St, Los Angeles, CA 90007
5beds
3baths
2,529sqft
Est.:
Multi Family
Built in 1906
-- sqft lot
$-- Zestimate®
$454/sqft
$-- HOA
What's special
Craftsman-style designHuge backyardLarge windowsBuilt-in cabinetryHardwood floors
- 146 days
- on Zillow |
- 171 |
- 7 |
Zillow last checked: 7 hours ago
Listing updated: December 11, 2024 at 12:21pm
Listed by:
Janice Jeong Lee DRE # 01898929 310-713-2812,
Dream Realty & Investments Inc 213-380-8949,
Koeun Hwang DRE # 01718399 213-590-9908,
Happy Haus Inc.
Source: CLAW,MLS#: 24-463003

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 3
Heating
- Wall
Cooling
- Other
Appliances
- Laundry: None
Interior area
- Total structure area: 2,529
- Total interior livable area: 2,529 sqft
Property
Parking
- Total spaces: 6
- Parking features: Open
- Has uncovered spaces: Yes
Features
- Levels: Two
- Stories: 2
- Has view: Yes
- View description: City
Lot
- Size: 6,764.87 Square Feet
Details
- Additional structures: None
- Parcel number: 5054002031
- Zoning: LARD1.5
- Special conditions: Standard
- Other equipment: None
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Craftsman
- Property subtype: Multi Family
Condition
- Year built: 1906
Community & HOA
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $454/sqft
- Tax assessed value: $1,081,200
- Annual tax amount: $13,767
- Date on market: 12/12/2024
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