240 S Avenue 24, Los Angeles, CA 90031
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240 S Avenue 24 Los Angeles, CA 90031

$950,000
  • 4 Beds
  • 2 Baths
  • 1,330 Sq.Ft.
For Sale
$950,000 Get Pre-Qualified

Map preview of 240 S Avenue 24, Los Angeles, CA 90031

Property Overview: 240 S Avenue 24 Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,330 living square feet and 2,720 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Two charming legal units delivered 100% VACANT in the trendiest part of booming Lincoln Heights! Located in the heart of it all just one block south of the adorable coffee shops and restaurants on N Broadway this versatile property has much to offer! Two distinct and perfectly appointed units with separate entrances offer a unique opportunity for multigenerational living, passive income or a phenomenal investment portfolio addition in an area that is off the charts with rapidly increasing value growth! Both units are spacious, super private and totally move in ready! The downstairs unit offers a comfortable living space with 2 bedrooms, 1 bathroom, a full kitchen, and a spacious living room. The upstairs unit has its own private entrance, boasting 2 bedrooms, 1 bathroom, and a sunny kitchen / lounge area. In addition there's an expansive backyard courtyard area that offers additional value to the occupants and could be great for lounging / entertaining, pets or future expansion. Each unit benefits from off street parking and separate electric meters. All situated in the vibrant, culturally rich and ever evolving Lincoln Heights neighborhood, this type of gem doesn't come along too often!

Listed by Jessica Romero | BRE #01920921 | Keller Williams Realty
Last checked: 5 minutes ago | Last updated: July 2nd, 2024 | Source CRMLS | DOM: 2
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Home details

Lot Sq. Ft
2,720
HOA Dues
$0/mo
Year built
1972
Garage
--
Property Type:
Single Family Home
Status
Active
MLS#
AR24134360
City
Los Angeles
County
Los Angeles
Time on Site
2 days

Open Houses for 240 S Avenue 24

Saturday, Jul 6th: 2:00pm-5:00pm
Sunday, Jul 7th: 2:00pm-5:00pm
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Property Details for 240 S Avenue 24

Interior Features
Cooling Information
  • Has Cooling
  • Ductless
Heating Information
  • Has Heating
  • Ductless
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Downstairs Bedrooms: 2
  • Downstairs Bathrooms: 1
  • Eating Area: Area
  • Flooring: Tile
  • Living Room
Kitchen Information
  • Has Appliances
  • Gas Range, Refrigerator
Bathroom Information
  • # of Baths (Full): 2
Interior Features
  • Granite Counters
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • Has Patio
  • No Pool
  • Pool Features: None
  • Concrete
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Lot Information
  • Lot Features: Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 2
  • Parcel Number: 5204005029
  • Year Built Source: Assessor
  • Entry Level: 1
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Schools
School Information
  • High School District: Los Angeles Unified
Location / Neighborhood
Location Information
  • Directions: Broadway and Daly
Neighborhood Information
  • Community Features: Curbs
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Sale History for 240 S Avenue 24

Last sold for $720,000 on April 28th, 2023
  • July, 2024

  • Jul 1, 2024

    Date

    Active

    CRMLS: AR24134360

    $950,000

    Price

  • April, 2023

  • Apr 28, 2023

    Date

    Sold

    CRMLS: TR23036159

    $720,000

    Price

  • Mar 4, 2023

    Date

    Active

    CRMLS: TR23036159

    $735,000

    Price

  • Listing provided courtesy of CRMLS

    This beautiful 4 bedroom, 2 bath home is located in the heart of Los Angeles, providing the perfect getaway from the hustle and bustle of downtown while still being close enough to enjoy all the action. The home has been newly upgraded with new windows, bathroom appointments, and kitchen, ensuring that it is not only beautiful but also functional and efficient. The downstairs of the home features a full kitchen and 2 large bedrooms with contemporary colors and finishes, providing ample space for relaxing and entertaining. The upstairs unit is completely separate from the downstairs and boasts 2 large bedrooms and a kitchenette, making it an ideal option for those who want to rent out one unit while living in the other. This single-family home can also be utilized as a duplex, providing even more flexibility and rental income opportunities. The addition of beautiful flower frescos painted on the block walls of the large backyard is a lovely touch that adds to the home's charm and beauty. It provides a peaceful and serene outdoor space for residents to relax and unwind after a long day or to entertain guests. The home's location in a wonderful area of Los Angeles is yet another reason why it is so attractive. Whether you're looking for great restaurants, shopping, entertainment, or outdoor activities, there is something for everyone nearby. With its spacious and modern design, flexible living options, and prime location, this beautiful 4 bedroom, 2 bath home is the perfect place to call home in the heart of Los Angeles.

  • April, 2023

  • Apr 28, 2023

    Date

    Sold

    CRMLS: TR23040956

    $720,000

    Price

  • Mar 14, 2023

    Date

    Active

    CRMLS: TR23040956

    $735,000

    Price

  • Listing provided courtesy of CRMLS

    This beautiful 4 bedroom, 2 bath home is located in the heart of Los Angeles, providing the perfect getaway from the hustle and bustle of downtown while still being close enough to enjoy all the action. The home has been newly upgraded with new windows, bathroom appointments, and kitchen, ensuring that it is not only beautiful but also functional and efficient. The downstairs of the home features a full kitchen and 2 large bedrooms with contemporary colors and finishes, providing ample space for relaxing and entertaining. The upstairs unit is completely separate from the downstairs and boasts 2 large bedrooms and a kitchenette, making it an ideal option for those who want to rent out one unit while living in the other. This single-family home can also be utilized as a duplex, providing even more flexibility and rental income opportunities. The addition of beautiful flower frescos painted on the block walls of the large backyard is a lovely touch that adds to the home's charm and beauty. It provides a peaceful and serene outdoor space for residents to relax and unwind after a long day or to entertain guests. The home's location in a wonderful area of Los Angeles is yet another reason why it is so attractive. Whether you're looking for great restaurants, shopping, entertainment, or outdoor activities, there is something for everyone nearby. With its spacious and modern design, flexible living options, and prime location, this beautiful 4 bedroom, 2 bath home is the perfect place to call home in the heart of Los Angeles.

  • March, 2023

  • Mar 1, 2023

    Date

    Expired

    CRMLS: SB22044616

    $778,000

    Price

  • Mar 7, 2022

    Date

    Active

    CRMLS: SB22044616

    $839,000

    Price

  • Listing provided courtesy of CRMLS

    LOCATION LOCATION LOCATION! This beautiful remodeled 2 stories 4bed/2bath is the perfect family home. It is situated in a highly Desirable Lincoln Heights neighborhood nextdoor to Bank Of America, eye doctor's office, restaurants, coffee shops, bus stops, Chinatown, USC hospital, LAC + USC Medical center are all within few minutes walking distances. Fantastic location. Super easy accessible to Dodger stadium, Pasadena, Glendale, Burbank and all FWY. 5, 10 & 110. Minutes drive to Los Angeles downTown & Hollywood. First floor is living room and kitchen with open floor plan and windows letting tons of natural light throughout. There is one bedroom and one full bathroom on the ground level. 3 bright bedrooms and 1 full bathroom on the 2nd floor. New double pane windows. The large backyard can be a perfect entertainment place for family and friends gathering. The backyard features a nice gathering space surrounded by a hand painted artistic tropical plants and flowers paradise mural! The front and back yard fenced with attractive white vinyl fence. Please call listing agent if more detail info needed.

  • June, 2017

  • Jun 16, 2017

    Date

    Sold (Public Records)

    Public Records

    $415,000

    Price

  • March, 2016

  • Mar 17, 2016

    Date

    Sold (Public Records)

    Public Records

    --

    Price

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Tax History for 240 S Avenue 24

Assessed Value (2020): $440,401
Year Land Value Improved Value Assessed Value
2020 $307,750 $132,651 $440,401

Home Value Compared to the Market

This property vs the competition

240 S Avenue 24 is listed 20.83% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $772 and this home is listed at $714.29 per/sqft which puts the price per square foot 7.48% lower than the median price per square foot for the city of Los Angeles.

About 240 S Avenue 24

Detailed summary of property

240 S Avenue 24 is a single family home located in Los Angeles, CA 90031 and is currently for sale. This house offers 4 bedrooms, 2 bathrooms, roughly 1,330 living square feet, and sits on an approximately 2,720 square foot lot. 240 S Avenue 24 was first listed on ArdentRealEstateGroup.com on July 1, 2024. The homeowner is currently asking $950,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $772. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 20.83% lower than the median priced home. Local competing homes currently for sale include 2670 Carleton Ave, 536 Montecito Dr and 4527 E Rose Hill Dr. While the average home in Los Angeles, CA is selling in 100 days, 240 S Avenue 24 has a days on market of 2 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. For more information on this home for sale at 240 S Avenue 24 Los Angeles, CA 90031 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 240 S Avenue 24

Public county record property details
Beds
3
Baths
2
Year built
1972
Sq. Ft.
1,190
Lot Size
2,720
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
19,20
APN
5204-005-029

The source for these homes facts are from public records.

90031 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$828,000
Median List Price/Sq.Ft.
$661
Median Sold Price
$750,000
Median Sold Price/Sq.Ft.
$662
Total Inventory
33
Median Sale to List Price %
108.89%
Avg Days on Market
22
Loan Type
Conventional (11.11%), FHA (0%), VA (11.11%), Cash (0%), Other (11.11%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.