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$749,000
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Los Angeles Area Single Family Home

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1616 W 24th St Los Angeles, CA 90007

2 Bed
1 Baths
1072 sqft
MLS# 25556075
Welcome to your ideal investment or personal residence in the heart of one of LA's most sought-after neighborhoods! Just a mile from the University of Southern California (USC) and USC Village, This charming 2-bedroom, 1-bathroom. Offering an ideal blend of residential comfort and strong investment potential. Inside, you'll find an inviting layout featuring original hardwood floors, a spacious living room, formal dining area, and a well-appointed kitchen equipped with appliances and an in-unit washer and dryer. The bathroom has been updated with tasteful tile and a glass-enclosed shower, adding to the home's appeal. Situated in the Adams-Normandie Historic Preservation Overlay Zone (HPOZ), this home places you in close proximity to Downtown LA, L.A. Live, the Coliseum, BMO Stadium, Expo Park, Trader Joe's, and the future Lucas Museum of Narrative Art. Commuters will appreciate the quick access to the 10 and 110 freeways, making it easy to navigate the city. Adding to the value, the property comes with RTI (Ready-To-Issue) plans to build a 2-bedroom, 1-bathroom ADU (Accessory Dwelling Unit) with a private entrance and separate address. These plans also include a second bathroom addition to the main house, offering even more functionality. Once completed, the ADU is estimated to generate approximately $3,000 per month in rental income. The main home has previously rented for $3,200 per month, making the total potential income over $6,200 per month. Attractive financing options are also available. Buyers may qualify with as little as 3% down, no PMI, and interest rates as low as 5.875% (as of 5/5/25). Additional incentives include a 2% credit toward the purchase price and $1,500 toward processing and underwriting fees. These programs are available to both first-time and repeat buyers.
Listing Courtesy of Combined L.A. Westside (CLAW) / Coldwell Banker Realty / Danny Mahelka
$669,900
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Trilogy At Glen Ivy Area Single Family Home

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24038 Watercress Drive Corona, CA 92883

2 Bed
2 Baths
1758 sqft
MLS# OC25138002
Rare Tenaja Model in Trilogy at Glen Ivy – Stunning Views & Exceptional Features! This highly desired Tenaja model, rarely available, won’t last long in the gated Trilogy at Glen Ivy! Enjoy breathtaking city lights views to the Temescal Mountains and Estelle Mountain Peak, visible from the principal bedroom and living area. Built in 2004, this 1,758-square-foot home boasts 10-foot ceilings, creating an impressive atmosphere perfect for casual entertaining. The expansive, outward-facing kitchen with a breakfast bar opens to the great room and dining area, making it ideal for gatherings. Whether hosting formal dinners in the elegant dining room or enjoying a cozy meal in the kitchen nook, this home is designed for both relaxation and entertainment. The striking den off the great room offers extra space for larger gatherings, while the en-suite guest suite ensures privacy and comfort for your visitors. This Tenaja model stands out with its undulating walls and stylish architectural features, including custom arched doorways and Art Deco columns. The kitchen features an extended curved breakfast bar and an octagonal-shaped den, adding both charm and functionality. The master suite includes a spacious walk-in closet with organizers and access to separate patios off both the master and great room—perfect for enjoying your morning coffee or evening drink. The lush, tropical backyard features queen palms, mini date palms, and birds of paradise, along with a flagstone hardscape and a fire pit, creating an outdoor oasis. Two covered patios by Shea Homes offer ample space for dining al fresco. Inside, enjoy natural light from large premium dual-pane windows and a sense of privacy from neighbors, perfect for entertaining. The home’s low-maintenance design includes a concrete-tiled roof, stucco exterior, and rear landscape designed for water conservation. Recent upgrades include a new water heater, whole-house fan & microwave. The 5,227-square-foot lot also includes a fireplace, tech center desk area (or optional wet bar), a separate laundry room, and abundant storage. Located between Temecula Wine Country and Orange County, Trilogy offers exceptional 55+ living with amenities like a golf course, fitness center, indoor pool, tennis courts, and more. With over 40 clubs and exciting activities, this community offers a lifestyle like no other. The famous Glen Ivy Hot Springs and Tom’s Farms are just around the corner.
Listing Courtesy of CRMLS / Coldwell Banker Realty / Adam Alcaraz