1 month on rocket

654 E 24th St, Los Angeles, CA, 90011

$5,995,000

0 Baths
Multi
Schools Nearby

Location

Image provided by Mapbox

Property Highlights

Home TypeQuadruplex
ParkingNone
Year Built1914
HeatingElectric
CoolingNone
FireplaceNone
ViewNone
MLS #PW24062474
Lot Size0.48 Acres
StatusActive

About 654 E 24th St

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.

Property Details

Property Features

Property Information:

  • Year Built: 1914
  • Stories: 2

Listing Office:

  • Office Name: Action Realty Task Holdings
  • Office Phone: (714) 367-8558
  • Listing Agent: Mooney Lee

Interior Features

Interior Information:

  • Appliances: Water Heater
  • Flooring Type: Wood
  • Interior: Unfurnished, All Bedrooms Up, All Bedrooms Down
  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None
  • Exterior: TV Antenna

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.48 Acres

Utilities

Utilities Information:

  • Heating: Electric
  • Cooling: None

School Info

Assigned Schools Information:

  • Santee Education Complex, Public District Grades 9-12
  • Math, Science, & Technology Magnet Academy at Roosevelt High School, Public Magnet Grades 9-12
  • Daniel Pearl Journalism & Communications Magnet, Public Magnet Grades 9-12
  • John Adams Middle School, Public Magnet Grades 6-8
  • Studio, Public District Grades 6-8
  • San Pedro Street Elementary School, Public District Grades KG-5
  • Melrose Avenue Elementary School, Public Magnet Grades KG-6
  • Point Fermin Elementary School, Public Magnet Grades KG-5

Other

Directions Information:

  • Directions: *** South of #10 Freeway North of #105 East of #110

Price Information

Listing Price Info

Price Summary:

  • List Price: $5,995,000

Tax Information:

  • Annual Amount: $11,451
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

Med. Sold Price

$986.4K

Med. Price/SqFt

$631

Avg. Days On Market

34

# of Sold Homes

1534

654 E 24th St vs Los Angeles

37 DAYS ON ROCKET

+3 Days

$5,995,000

+$5.0M More

KEY TAKEAWAY

This property is $5.0M more than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #PW24062474

Listing Office:

  • Office Name: Action Realty Task Holdings
  • Office Phone: (714) 367-8558
  • Listing Agent: Mooney Lee

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/5/2024, 5:20:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 21, 1991Home Sold
$505,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,451$841,494
2020$11,139$832,866
2019$10,904$816,537
2018$10,644$800,528
2017$10,644$784,832

History based on county public records data.

Payment Calculator

$29.9K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$18K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-6580976
6
/10
  • San Pedro Street Elementary School

  • 1635 S San Pedro St

  • 0.40 miles

  • Public District Grades KG-5

school-card-donut-6580977
8
/10
  • Melrose Avenue Elementary School

  • 731 N Detroit St

  • 6.43 miles

  • Public Magnet Grades KG-6

school-card-donut-6580978
6
/10
  • Point Fermin Elementary School

  • 3333 S Kerckhoff Ave

  • 21.42 miles

  • Public Magnet Grades KG-5

Middle School

school-card-donut-6580979
6
/10
  • John Adams Middle School

  • 151 W 30th St

  • 0.58 miles

  • Public Magnet Grades 6-8

school-card-donut-6580980
4
/10
  • Studio

  • 2211 W Avenue 30

  • 5.78 miles

  • Public District Grades 6-8

High School

school-card-donut-6580981
3
/10
  • Santee Education Complex

  • 1921 Maple Ave

  • 0.42 miles

  • Public District Grades 9-12

school-card-donut-6580982
8
/10
  • Math, Science, & Technology Magnet Academy at Roosevelt High School

  • 456 S Mathews St

  • 2.96 miles

  • Public Magnet Grades 9-12

school-card-donut-6580983
8
/10
  • Daniel Pearl Journalism & Communications Magnet

  • 6649 Balboa Blvd

  • 18.03 miles

  • Public Magnet Grades 9-12

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,780. Most Los Angeles, CA residents have annual incomes less than $35k. The majority of families are married, with kids. Most residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaLos Angeles CountyLos Angeles90011654 E 24th St

This home is located at 654 E 24th St in Los Angeles, CA and zip code 90011 in the South LA neighborhood. This home, which was built in 1914, sits on a 0.48 acre lot. It has been listed on Rocket Homes since March 29, 2024 and is currently priced at $5,995,000.

Los Angeles, CA housing market in April 2024 saw over 701 listings sold above listed price, more than 204 sold at listed price and over 629 sold below. The number of listings in Los Angeles, CA increased by 14.9% between March 2024 and April 2024. Listings spent 34 days on the market in April 2024, and had a median list price of $986,427 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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