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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

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: 3 minutes ago | Last updated: July 2nd, 2024 | Source CRMLS | DOM: 4
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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#
AR24134510
City
Los Angeles
County
Los Angeles
Time on Site
3 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 2
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $4,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $0
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Open Houses for 240 S Avenue 24

Saturday, Jul 6th: 2:00pm-5:00pm
Sunday, Jul 7th: 2:00am-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
  • Flooring: Tile
  • Living Room
Kitchen Information
  • Has Appliances
  • Gas Range, Refrigerator
Interior Features
  • Granite Counters
  • Levels: Two
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
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
Location / Neighborhood
Location Information
  • Directions: Broadway and Daly
Neighborhood Information
  • Community Features: Curbs
View more facts & features

Local Los Angeles Agent

Sale History for 240 S Avenue 24

View property's historical transactions

  • July, 2024

  • Jul 1, 2024

    Date

    Active

    CRMLS: AR24134510

    $950,000

    Price

Tax History for 240 S Avenue 24

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

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 1828 Camden Ave #101, 1840 W 66th St and 1240 S Corning St #207. While the average home in Los Angeles, CA is selling in 100 days, 240 S Avenue 24 has a days on market of 4 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
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

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.

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