Please stand by!
USDAProperties.com is making sense of this chaotic market...

 

 

 

$950000   Price Analysis
Agent Details  share icon     map icon  QR
240 S Avenue 24
Los Angeles, CA 90031
4 bed 2 bath 1330 SqFt ($714/SqFt)
2720SqFt lot. Built 1972
Listed 2024-07-01, Taxes $5513
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Two charming legal units delivered 100% VACANT in the trendiest part of booming Lincoln Heights!

Located in the heart of it all 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 lving, 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 big 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 cour tyard area that offers additional value to the occupants and could be tremendous 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!


Presented by Jessica Romero at
Keller Williams Realty.


Property MLS #AR24134510 from CRMLS

Bedrooms: 4

Granite Counters
Flooring: Tile

Appliances: Gas Range, Refrigerator
Appliances YN: Yes
Laundry Features: Inside

Living Room

Cooling Features: Ductless
Heating Features: Ductless
Heating: Yes

Full Bathrooms: 2

Lot Description: Yard
Lot Size Acres: 0.0624426
Lot Size Source: Assessor
Lot Size Square Feet: 2720

Parking Features: Parking YN: Yes, Parking Features: Driveway

Number of Units: 2
Bedrooms in Unit-1: 2
Total Bathrooms in Unit-1: 1

Calculated Total Monthly Association Fees: 0

Rent Control: Yes

Community Features: Curbs

Source Listing Status: Active
County: Los Angeles
Source Property Type: Residential Income
Area: 677 - Lincoln Hts
Source Neighborhood: 677 - Lincoln Hts
Number of Separate Electric Meters: 2
Parcel Number: 5204005029
Postal Code Plus 4: 2210
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$136705 + $317156
$453861
$5513
2021$134025 + $310938
$444963
$5444
2020$132651 + $307750
$440401
$5497
2019$130050 + $301716
$431766
$5282
2018$38113 + $13758
$51871
$692
2017$37366 + $13489
$50855
$674
2016$36634 + $13225
$49859
$644
2015$36084 + $13027
$49111
$635
2014$35378 + $12772
$48150
$644
2013$35219 + $12715
$47934
$644
2012$34529 + $12466
$46995
$651
2010$33852 + $12222
$46074
$642
2009$33679 + $12160
$45839
$621
2009$33599 + $12131
$45730
$621
2008$33019 + $11922
$44941
$599
2007$32372 + $11689
$44061
$573

Listed 2024-07-01
$950000
CRMLS
Listed 2024-07-01
$950000
CRMLS
Sold 2023-04-28
$720000
CRMLS
Listed 2023-03-14
$735000
CRMLS
Listed 2023-03-04
$735000
CRMLS
Listing removed 2022-11-27
$0
CRMLS
Relisted 2022-09-17
$778000
CRMLS
Listing removed 2022-08-30
$0
CRMLS
Price Changed 2022-06-30
$798000
CRMLS
Relisted 2022-06-08
$819000
CRMLS
Listing removed 2022-06-04
$0
CRMLS
Price Changed 2022-05-01
$828000
CRMLS
Relisted 2022-03-22
$839000
CRMLS
Listing removed 2022-03-21
$0
CRMLS
Listed 2022-03-08
$839000
CRMLS
Sold 2017-06-16
$415000
CRMLS
Listed 2017-03-26
$439999
CRMLS

Total Square Feet Living: 1330
Year Built: 1972
Building Features: 1
Common Walls: No Common Walls
Entry Level: 1
Entry Location: Front door
Property Age: 52
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Single Family Residence
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

Albion Street Elementary School is a public elementary school located approximately 0.3 miles away.
directions icon Map directions

Florence Nightingale Middle School is a public middle school located approximately 1 miles away.
directions icon Map directions

Alliance Susan And Eric Smidt Technology High School is a public high school located approximately 0.2 miles away.
directions icon Map directions

Sacred Heart Elementary School is a private elementary and middle school located approximately 0.3 miles away.
directions icon Map directions

Click Thumbnail Images To View Full Size
unknownhouse_viewunknownliving_roomliving_room
living_roomkitchenkitchenkitchenliving_room
dining_roomkitchenbedroombedroombedroom
bedroombathroombathroombedroombedroom
bedroomlaundry_roomlaundry_roomunknownunknown
unknownkitchenkitchenkitchendining_room
dining_roomunknownbedroombedroombathroom
bedroombedroombedroombedroomunknown
unknownhouse_viewporchroad_viewporch
porchporchporchporchunknown
house_viewunknownhouse_viewfloor_plan

The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.