$749,000
For Sale

1616 W 24th Street

Los Angeles, CA 90007
1072 sqft | 2 beds | 1 bath | #25510669
Type:Purchase
Structure:House
Zone:Residential

Description

All offer looked at. Prime move-in-ready home in a spectacular location, just a short walk from the University of Southern California (USC) and USC Village. Perfect for USC faculty, staff, or student rental housing, this home offers an incredible opportunity for owner user or investor. This charming 2-bedroom, 1-bathroom home features hardwood floors, a fully equipped kitchen with appliances, a washer/dryer, and a beautifully tiled shower with a glass enclosure. Separate dining room and large living room. The neighborhood showcases true pride of ownership and a strong sense of community. Conveniently located just minutes from USC, Downtown LA, L.A. Live, the L.A. Coliseum, BMO Stadium, Trader Joe's, Expo Park, the Natural History Museum, the soon-to-open Lucas Museum of Narrative Art, and easy access to the 10 and 110 freeways. The property includes RTI-approved plans for an ADU with a separate address and private entry. Take advantage of the approved plans and generate an additional $3,000 per month in rental income for the upstairs. The plans allow for the addition of a 533-square-foot second unit with 2 bedrooms and 1 bathroom, as well as an extra bathroom in the main house. Everything is approved and ready to build! . Owner was previously renting the house for $3,200 a month. A total of $6,200+ a month makes for a great investment situated in the historic Adams-Normandie HPOZ.

  • Property Details
      • Property SubtypeSingle Family Residence
      • CountyLos Angeles
      • StoriesOne Level
      • Property TypePurchase
      • Original List Price$759,000
      • MLS #25510669
      • MLS #25510669
      • Cost749000
      • CoolingOther
      • Cooling FeaturesOther
      • HeatingWall
      • Square Feet1072
      • Year Built1906
      • ZoningLAR2
      • Price Per Sqft$698
      • Bedrooms2
      • Bathrooms1
      • Full Baths1

Location

Eduardo Bravo | Engel & Volkers Beverly HillsReal Estate Group
OR

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