654 E 24th Street Los Angeles, CA $ 5,995,000
654 E 24th Street
$ 5,995,000
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654 E 24th Street

Los Angeles, CA, 90011
$ 5,995,000
Bedrooms120 Baths0.10 Sq 8,240

Monthly Estimate*

$ 41,877

Listed by Action Realty Task Holdings
654 E 24th Street, Los Angeles, CA 90011 - Image 1
654 E 24th Street, Los Angeles, CA 90011 - Image 2
654 E 24th Street, Los Angeles, CA 90011 - Image 3
654 E 24th Street, Los Angeles, CA 90011 - Image 4
654 E 24th Street, Los Angeles, CA 90011 - Image 5
654 E 24th Street, Los Angeles, CA 90011 - Image 6

Multi-Family Home for sale in Los Angeles, CA

for $5,995,000 with 120 bedrooms and 10 half baths. This 8,240 square foot home was built in 1914 on a lot size of 0.4813.

Samuel Kim and Mooney Lee are pleased to present 24 st East Los Angeles This Liquor Store includes and building and Apartment and one 3 bedroom house an 6-unit apartment building and 4 Unit have above of Liquor store. Property income from Liquor store and 6 unit duplex apartment and other 4 unit up stair and one house This property stands as one of the most attractive multifamily investments in the Sale entire county, boasting a compelling Capitalization Rate ( Cap Rate) on current rental income. A rare opportunity to take advantage of positive leverage.

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Multi-Family Active

Price

$ 5,995,000

Bedrooms

120

Half Bath

10

Property Type

Multi-Family

Taxes

$ 0

Style

Quadruplex

Lot Size

0.4813

Year Built

1914

Town/City

Los Angeles

County/Region

Los Angeles

MLS | Web ID

PW24062474

Days on Market

34

Features
General
Interior Features Unfurnished AllBedroomsUp AllBedroomsDown
Sewer PublicSewer
Heating Electric
Cooling None
Utilities WaterAvailable
Roof Wood
Appliances WaterHeater
Exterior Features TVAntenna
Zoning LAC2
HOA 0.0
Garage Spaces 0.0
Pool Features None
Security Features WindowBars
Construction Materials WoodSiding
Year Built 1914
Electric Standard
Tenant Pays AllUtilities CableTV
View None
Stories 2
Levels Two
Property SubType Quadruplex
Gross Income 228000.0
Community Features Park
Accessibility None
County Los Angeles
Net Operating Income 191855.0
Operating Expense 20000.0
Insurance Expense 3000.0
New Construction N
Property Type ResidentialIncome
Association Amenities Other
HOA / Comm Assn N
Attached Garage N
Contingency All Tenants live now It is no show But only after Offering.
Garage Y/N N
Special Listing Conditions Standard
Status Active
Directions *** South of #10 Freeway North of #105 East of #110
City Los Angeles
Disclosures SellerDisclosure WaterRights
Entry Location S
View Y/N N
Senior Community Y/N N
Total Units 12
MLS Area C34 - Los Angeles Southwest
Lot Size Square Feet 20967.0
Private Pool N
Waterfront Y/N N
Carport Y/N N
Street Name 24th
Listing Terms CashtoExistingLoan
Spa Features None
Property Attached Y/N Y
Land Lease Y/N N
Electric Expense 0.0
Home Warranty Y/N N
Current Financing None
Fuel Expense 0.0
Trash Expense 0.0
Water Sewer Expense 8400.0
Lease Renewal Y/N N
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N Y
Days on Market 22
Building Area Units SquareFeet
Standard Status Active
Year Built Source PublicRecords
Tax Lot 10
Property Sub Type Additional Quadruplex
Taxes 12145.0
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Interior
Flooring Wood
Fireplace Features None
Total Stories 2
Common Walls Item1CommonWall
Basement (Y/N) N
Air Conditioning Y/N N
Heating Y/N Y
Window Features Blinds
Fireplace Y/N N
Street Suffix Street
Laundry Features None
Entry Level 1
Electric On Property Y/N N
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Exterior
Fencing BarbedWire
Parking Features None
Lot Features Item01UnitAcre
Water Source Public
Total Parking 0.0
Lot Size Area 20967.0
Foundation Details ConcretePerimeter
Number of Buildings 3
Spa N
Building Area Total 8240.0
Lot Size Acres 0.4813
Lot Size Units SquareFeet
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 2
Road Frontage Type CityStreet
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
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Internal Only
Street Number 1 654
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* Excluded Features
List By
Action Realty Task Holdings

Broker

(714) 367-8558

Phone

Affordability Calculator

$41,877
Per Month
100%
0%
0%
Monthly Principal & Interest
$41,877
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
273443 Elementary School
272636 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/5/2024$5,290,000 -3.82% Price Down
3/29/2024$5,500,000 Listed Price

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654 E 24th Street, Los Angeles, CA, 90011 is a Multi-Family Home for sale at $5,995,000 with 8,240 sqft and a lot size of 0.4813. 654 E 24th Street has 120 bedrooms, 0.10 baths, and was built in 1914. The property's zip code is 90011 which is in Los Angeles, CA