NOT LISTED FOR SALE

622 E 24th St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $559,000 - $1,005,539

4 Beds
2 Baths
1,232 Sq Ft
$664/Sq Ft Est. Value

Sale Details

Date Sold: July 21, 2021

Last sale price $560,000 $455 Per Sq Ft

Est. 46% increase in value since last sale

Current estimated payment $5,046 / mo

45 Days on Market

Highlights

  • Private Yard
  • Landscaped
  • 1-minute walk to Trinity Park Legends Court
  • Laundry Room
  • 1-Story Property

About This Home

As of July 2021

LOOKING FOR AN INCOME PRODUCING PROPERTY? Here's your bread and butter income property.
Take advantage of the great location and add to your investment portfolio. Just minutes from all that is happening in Downtown Los Angeles & USC.
Front House presents 3 spacious bedrooms, large bathrooms, each unit has their private parking , HUGE yard, and plenty of driveway parking, units have been very well maintained. TENANTS ARE VERY COOPERTIVE & RENTS ARE CURRENT. Being sold with tenants.

Last Agent to Sell the Property

Humberto Lopez

Century 21 A Better Service License #01400409 Listed on: 03/26/2021

Century 21 A Better Service

Last Buyer's Agent

ALIDA NUNEZ

CENTURY 21 CITRUS REALTY INC License #02070960

CENTURY 21 CITRUS REALTY INC

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1890

Lot Details

  • 4,579 Sq Ft Lot
  • No Common Walls
  • Landscaped
  • Private Yard
  • Front Yard

Home Design

  • Duplex

Interior Spaces

  • 1,232 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Laundry Located Outside

Outdoor Features

  • Exterior Lighting

Listing and Financial Details

  • Legal Lot and Block 8 / B
  • Tax Tract Number 38
  • Assessor Parcel Number 5127009007

Community Details

Overview

  • 2 Buildings
  • 2 Units

Building Details

  • Rent Control
  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Trash Expense $60
  • Water Sewer Expense $220
  • Operating Expense $280
  • Gross Income $3,050
  • Net Operating Income $2,770

Property Details

Home Type

Multi-Family

Year Built

Built in 1890

Lot Details

4,579 Sq Ft Lot

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 220.00
  • Zoning: LARD2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Parcel Number: 5127009007
  • Year Built: 1890
  • Special Features: None

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 454.55

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Outside
  • Sewer: Public Sewer
  • Trash Expense: 60.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Landscaped, Yard
  • Lot Size Sq Ft: 4579.00
  • Lot Size Acres: 0.1051

Multi Family

  • Gross Income: 3050.00
  • Gross Scheduled Income: 3050.00
  • Lot Size Area: 4579.0000 Square Feet
  • Net Operating Income: 2770.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 280.00
  • Rent Control: Yes
  • Total Expenses: 280.00

Tax Info

  • Tax Block: B
  • Tax Census Tract: 2264.10
  • Tax Lot: 8
  • Tax Tract Number: 38

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 26, 2021
Closed on
Jun 21, 2021
Sold by
Bought by
Seller's Agent
Humberto Lopez
Century 21 A Better Service
Buyer's Agent
ALIDA NUNEZ
CENTURY 21 CITRUS REALTY INC
List Price
$580,000
Sold Price
$560,000
Premium/Discount to List
-$20,000
-3.45%
Current Estimated Value
$818,135

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$258,135
Avg. Annual Appreciation
8.11%
Original Mortgage
$392,000
Outstanding Balance
$352,929
Interest Rate
2.96%
Mortgage Type
New Conventional
Estimated Equity
$465,206

Purchase Details

Closed on
Sep 24, 2020
Sold by
Bought by

Purchase Details

Closed on
Apr 16, 2017
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$240,000
Interest Rate
4.02%
Mortgage Type
New Conventional

Purchase Details

Closed on
Oct 6, 2006
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$250,000
Interest Rate
6.46%
Mortgage Type
New Conventional

Purchase Details

Closed on
May 5, 2006
Sold by
Bought by

Purchase Details

Closed on
Apr 13, 2006
Sold by
Bought by

Purchase Details

Closed on
Jul 8, 2002
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$62,000
Interest Rate
6.6%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$560,000 Fidelity National Title
-- Accommodation
-- Accommodation
-- Accommodation
-- Accommodation
-- Lawyers Title
-- Financial Title Company
-- Accommodation
-- Accommodation
-- Landsafe Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $392,000
Previous Owner $240,000
Previous Owner $250,000
Previous Owner $62,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
07/21/2021 07/21/21 Sold $560,000 -3.4% $455 / Sq Ft
05/10/2021 05/10/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $580,000 -- $471 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $7,373 $594,276 $424,483 $169,793
2024 $7,263 $582,624 $416,160 $166,464
2023 $7,125 $571,200 $408,000 $163,200
2022 $6,795 $560,000 $400,000 $160,000
2021 $6,505 $531,494 $279,841 $251,653
2020 $7,460 $600,272 $245,008 $355,264
2019 $7,167 $588,503 $240,204 $348,299
2018 $7,093 $576,965 $235,495 $341,470
2016 $6,499 $531,021 $184,702 $346,319
2015 $6,404 $523,045 $181,928 $341,117
2014 $6,434 $512,800 $178,365 $334,435
Source: Public Records

Agents Affiliated with this Home

  • Humberto Lopez

    Seller's Agent in 2021

    Humberto Lopez

    Century 21 A Better Service

    (323) 447-8363

    1 in this area

    21 Total Sales

    Humberto Lopez
    Section Image

  • A

    Buyer's Agent in 2021

    ALIDA NUNEZ

    CENTURY 21 CITRUS REALTY INC

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21035058

California Regional Multiple Listing Service (CRMLS)

APN: 5127-009-007

California Los Angeles County Los Angeles 90011 Historic South Central

622 E 24th St, Los Angeles, CA

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

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. Properties may or may not be listed by the office/agent presenting the information

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