1024 W 24th Street

Los Angeles, CA 90007

  • 13 Bed(s)
  • 0 Bath(s)
  • 9,478 Sqft
  • 7246
    Sqft(Lot)
$3,450,000

Description

Please do not walk the property or disrupt tenants. contact listing team for details. we are pleased to offer for sale a 16-unit (14 + 2 adu) apartment community located at 1024 w. 24th street. the subject property is located north of adams boulevard and east of hoover street, within the usc patrol zone. the property is within walking distance of popular cafes, restaurants, and entertainment venues, as well as minutes from the university of southern california (usc), the coliseum, and exposition park. its central location provides residents with convenient access to major employment hubs in downtown los angeles, and beyond, supported by nearby public transit options and proximity to the i-10 and i-110 freeways. situated on a 10,542-square-foot parcel, the property features one studio, five bachelors, seven one-bedroom units, and three two-bedroom units. the unit-mix consists of two recently added adus. 56% of the units have been turned and renovated over the last 18 months, providing, a proven interior renovation strategy to capture usc students. 1024 w. 24th street presents investors with a rare opportunity to acquire a mid-sized, value-add property close to the usc campus. a new investor can continue to operate as student housing or convert to section 8 rentals as leases expire, which offers $200+ rent premiums.

  • Property Type

    Residential Income

  • County

    Los Angeles

  • Style

    Residential Income

  • AD ID

    48545184

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Property Details

  • Bedroom Information

    • Total Bedrooms : 13

    Bathroom Information

    • Total Baths: 16
    • Full Baths: 0
    • Half Baths: 0

  • Building Information

    • Year Built: 1963
    • Building Area Total: 9,478

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.1663
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7246

  • Listing Price Information

    • Original List Price: 3,450,000
    • Listing Contract Date: 2025-02-03

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 5124008018

  • Garage and Parking

    • Garage Description: None

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: C42 - Downtown L.A.
    • Directions: East of Hoover Street & North of West Adams Boulevard
    • Zoning: LARD1.5
    • Source Property Type: Residential Income
    • Area: C42 - Downtown L.A.

    Building and Construction

    • Property Age: 62
    • Year Built Source: Assessor
    • Total Square Feet Living: 9478
    • Levels or Stories: Multi/Split
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BuyOwner last updated this listing 05/10/2025 @ 16:13

  • MLS: 25495795
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 13 bedrooms which is for sale, it has 9,478 sqft, 7,246 sized lot, and 0 parking. are nearby neighborhoods.