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1017 E 24Th St, Los Angeles, CA 90011
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1017 E 24Th St Los Angeles, CA 90011

$926,000 Sold Price as of 01/12/2022
  • 6 Beds
  • 5 Baths
  • 3,268 Sq.Ft.
Sold
$926,000 Sold Price as of 01/12/2022 Refinance Your Mortgage
Map preview of 1017 E 24Th St, Los Angeles, CA 90011

Property Overview: 1017 E 24Th St Los Angeles, CA has 6 bedrooms, 5 bathrooms, 3,268 living square feet and 6,518 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: This is the first time available on the Market in over 40 years!!! Property is being sold fully occupied with long term tenants paying under market. This property is a great buy and hold value add. Please do not disturb and or walk on the property. Send offers subject to interior inspection with proof of funds and pre approval.

Listed by Colt Maloney | BRE #01952570 | Figure 8 Realty
Co-listed by Edward Faktorovich | BRE #01401897 | Figure 8 Realty
Last checked: 4 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 47

Home details

Lot Sq. Ft
6,518
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21779996
City
Los Angeles
County
Los Angeles
Time on Site
978 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,820
  • Total Rent: $1,820
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,340
  • Total Rent: $1,340
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,190
  • Total Rent: $1,190
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,045
  • Total Rent: $1,045
  • Pro Forma/Market Rent: $1,600
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,270
  • Total Rent: $1,270
  • Pro Forma/Market Rent: $1,600
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.3
  • Gross Scheduled Income: --
  • Net Operating Income: $56,680
  • Gross Operating Income: $79,980
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 1017 E 24Th St

Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned, Covered, Driveway
Lot Information
  • Lot Size Source: Other
Property Information
  • Total # of Units: 5
  • Parcel Number: 5131019017
Location / Neighborhood
Location Information
  • Directions: Google Maps
View more facts & features

Local Los Angeles Agent

Sale History for 1017 E 24Th St

Last sold for $926,000 on January 12th, 2022

  • September, 2021

  • Sep 16, 2021

    Date

    Pending

    CRMLS: 21779996

    $1,200,000

    Price

  • Sep 3, 2021

    Date

    Active

    CRMLS: 21779996

    $1,200,000

    Price

Tax History for 1017 E 24Th St

Assessed Value (2020): $190,100
Year Land Value Improved Value Assessed Value
2020 $51,302 $138,798 $190,100

Home Value Compared to the Market

This property vs the competition

1017 E 24Th St sold on January 12, 2022 for 24.79% lower than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $273.87 per/sqft which puts the price per square foot 63.73% lower than the current median sale per square foot for the city of Los Angeles.

About 1017 E 24Th St

Detailed summary of property

1017 E 24Th St is a multi family that recently sold in Los Angeles, CA 90011. This multi family property offered 6 bedrooms, 5 bathrooms, roughly 3,268 living square feet, and sits on an approximately 6,518 square foot lot. 1017 E 24Th St was first listed on ArdentRealEstateGroup.com on September 3, 2021. The homeowner sold the property for $926,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 24.79% lower than the current median priced home. Local homes that are currently for sale include 1623 E 33rd St, 3811 Trinity St and 1247 E Vernon Ave. While the average home in Los Angeles, CA is selling in 94 days, 1017 E 24Th St has a days on market of 47 days. There are currently 3580 homes for sale in the Los Angeles real estate market and 2422 of them are single family homes while 1059 of them are condos and 93 are townhomes. For more information on this home for sale at 1017 E 24Th St Los Angeles, CA 90011 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1017 E 24Th St

Public county record property details
Beds
9
Baths
5
Year built
--
Sq. Ft.
3,268
Lot Size
6,518
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
17
APN
5131-019-017

The source for these homes facts are from public records.

90011 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$650,000
Median List Price/Sq.Ft.
$457
Median Sold Price
$550,000
Median Sold Price/Sq.Ft.
$405
Total Inventory
40
Median Sale to List Price %
104.76%
Avg Days on Market
54
Loan Type
Conventional (33.33%), FHA (25%), VA (0%), Cash (33.33%), Other (8.33%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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