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Sold for $835,000
  • Listed by: Keller Williams Realty • Jessica Romero • Contact: 626-204-3300
    Bought with: Keller Williams Realty - Los Feliz
    Tax assessed value
    $835,000

    240 S Avenue 24, Los Angeles, CA 90031

    4beds
    1,330sqft
    Single Family Residence
    Built in 1972
    2,720 Square Feet Lot
    $810,200 Zestimate®
    $628/sqft
    $3,836 Estimated rent

    Home value

    $810,200

    $753,000 - $859,000

    $3,836/mo

    Zestimate® history
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    What's special

    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!

    Zillow last checked:

    Listing updated:

    Listed by:

    Jessica Romero DRE #01920921 626-414-7464,

    Keller Williams Realty

    Bought with:

    James Peddie, DRE #01942468

    Keller Williams Realty - Los Feliz

    Source: CRMLS,MLS#: AR24134360MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 2
    • Full bathrooms: 2
    • Main level bathrooms: 1
    • Main level bedrooms: 2
    Rooms
    • Room types: Living Room
    Heating
    • Ductless
    Cooling
    • Ductless
    Appliances
    • Included: Gas Range, Refrigerator
    • Laundry: Inside
    Features
    • Granite Counters
    • Flooring: Tile
    • Has fireplace: No
    • Fireplace features: None
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total interior livable area: 1,330 sqft

    Property

    Parking
    • Parking features: Driveway
    Features
    • Levels: Two
    • Stories: 2
    • Entry location: Front door
    • Patio & porch: Concrete
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: None
    Lot
    • Size: 2,720 Square Feet
    • Features: Yard
    Details
    • Parcel number: 5204005029
    • Zoning: LARD1.5
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Condition
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Curbs
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $628/sqft
    • Tax assessed value: $835,000
    • Annual tax amount: $10,166
    • Date on market: 7/1/2024
    • Cumulative days on market: 80 days
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    3/27/2025Listing removed$2,228$2/sqft
    Source: Zillow Rentals Report a problem
    1/24/2025Price change$2,228-10%$2/sqft
    Source: Zillow Rentals Report a problem
    1/9/2025Price change$2,475-14.7%$2/sqft
    Source: Zillow Rentals Report a problem
    1/1/2025Listed for rent$2,900-7.9%$2/sqft
    Source: Zillow Rentals Report a problem
    11/8/2024Sold$835,000-7.1%$628/sqft
    Source: CRMLS #AR24134360 Report a problem
    10/8/2024Pending sale$899,000$676/sqft
    Source: CRMLS #AR24134510 Report a problem
    10/5/2024Listing removed$3,150$2/sqft
    Source: CRMLS #AR24175204 Report a problem
    9/30/2024Price change$3,150-7.4%$2/sqft
    Source: CRMLS #AR24175204 Report a problem
    9/18/2024Listed for sale$899,000+24.9%$676/sqft
    Source: CRMLS #AR24134510 Report a problem
    8/23/2024Listed for rent$3,400-7.6%$3/sqft
    Source: CRMLS #AR24175204 Report a problem
    4/28/2023Sold$720,000-2%$541/sqft
    Source: Public Record Report a problem
    3/31/2023Pending sale$735,000$553/sqft
    Source: CRMLS #TR23040956 Report a problem
    3/4/2023Listed for sale$735,000+77.1%$553/sqft
    Source: CRMLS #TR23036159 Report a problem
    12/5/2018Listing removed$3,680$3/sqft
    Source: Mandyliu Report a problem
    11/3/2018Price change$3,680-1.9%$3/sqft
    Source: Mandyliu Report a problem
    8/13/2018Price change$3,750+13.7%$3/sqft
    Source: Mandyliu Report a problem
    8/10/2018Listed for rent$3,299$2/sqft
    Source: Mandyliu Report a problem
    6/16/2017Sold$415,000-5.7%$312/sqft
    Source: Public Record Report a problem
    4/30/2017Pending sale$439,999$331/sqft
    Source: HOMEQUEST REAL ESTATE CORP. #IV17064782 Report a problem
    4/4/2017Price change$439,999-6.8%$331/sqft
    Source: HOMEQUEST REAL ESTATE CORP. #IV17064782 Report a problem
    1/23/2017Listed for sale$472,000$355/sqft
    Source: Owner Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$10,166 +12.4%$835,000 +13.7%
    2024$9,040 +56.3%$734,400 +58.6%
    2023$5,782 +4.9%$462,938 +2%
    2022$5,514 +1.3%$453,861 +2%
    2021$5,444 -1%$444,963 +1%
    2020$5,497 $440,401 +2%
    2019$5,497 +5.3%$431,766 +732.4%
    2018$5,218 +653.9%$51,871 +2%
    2017$692 +2.5%$50,855 +2%
    2016$675 +4.7%$49,859 +1.5%
    2015$645 0%$49,111 +2%
    2014$645 $48,150 +2.5%
    2012-- $46,995 +2%
    2011-- $46,074 +0.8%
    2010-- $45,730 -0.2%
    2009-- $45,839 +2%
    2008-- $44,941 +2%
    2007-- $44,061 +2%
    2006-- $43,198
    2005-- $43,198 +4%
    2004-- $41,522 +1.9%
    2003-- $40,762 +2%
    2002-- $39,963 +4%
    2000-- $38,414
    Find assessor info on the county website

    Neighborhood: Lincoln Heights

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $810,200
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    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $810,200