1360 W 24th St Los Angeles, CA 90007

$2,000,000 Sold Price as of 02/05/2020

11 Beds
11 Baths
3,908 Sq.Ft.

Off Market

$2,000,000 Sold Price as of 02/05/2020 Refinance Your Mortgage

Map preview of 1360 W 24th St, Los Angeles, CA 90007

Property Overview: 1360 W 24th St Los Angeles, CA has 11 bedrooms, 11 bathrooms, 3,908 living square feet and 5,741 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1360 W 24th St is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $240,000 for the down payment and will need roughly $24,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 1360 W 24th St

Last sold for $2,000,000 on February 5th, 2020

January, 2023
Jan 1, 2023

Date

Expired

CRMLS: 22218113

$2,345,000

Price
Nov 12, 2022

Date

Active

CRMLS: 22218113

$2,395,000

Price
Listing provided courtesy of CRMLS

NO RENT CONTROL. This USC adjacent student housing property has 2 separate dwellings included 11 bedrooms , 11 baths and has space for 6-8 parking spaces. With modern appliances and quartz counter tops , these units feel more luxurious than most surrounding student housing. Each unit has its own meter and air conditioning. Located on extra large lot , the projected monthly income is up to 11k! This property has been managed and maintained with great care and can be delivered vacant if desired. Great investor opportunity! Submit all offers.

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August, 2022
Aug 9, 2022

Date

Expired

CRMLS: 22144603

$2,395,000

Price
Apr 8, 2022

Date

Active

CRMLS: 22144603

$2,395,000

Price
Listing provided courtesy of CRMLS

We are pleased to offer for sale this brand new 2015 construction, Non-rent control eleven (11) bedroom + eleven (11) bathroom student housing investment opportunity, located within the DPS Patrol Zone, and walking distance to the USC campus & University Village.This investment features brand new hardwood floors, new copper plumbing, quartz counter-tops, stainless steel kitchen appliances, tiled showers with glass enclosures, and new in-unit washer & dryers. The property is approximately 4,100 rentable square feet on a 5,741 square foot lot and is comprised of two (2) separate structures, with a unit mix consisting of two (2) 3-bedroom + 3-bathroom units, and one (1) 5-bedroom + 5-bathroom unit. The property is currently being rented out as an Airbnb until August 2022, collecting gross rents of $11,000/month. As a student housing investment, this asset can easily collect approximately $1,250/room, generating a total $13,750/month. The subject property offers residents a highly desirable location - providing easy access to all of USC's landmarks, academic buildings, and entertainment options.

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April, 2021
Apr 1, 2021

Date

Expired

CRMLS: PW20199765

$2,300,000

Price
Sep 24, 2020

Date

Active

CRMLS: PW20199765

$2,300,000

Price
Listing provided courtesy of CRMLS

We are pleased to present the student housing triplex located at 1360 W 24th St .Built in 2015, the property consists of one 5 Bed/ 5 Bath unit and two 3 Bed / 3 Bath units. The property is in an excellent student housing location, one mile from the University of Southern California and a 5-minute drive from Downtown LA. The property is separately metered for all utilities and is gated for the security of tenants. The units are spacious and potentially suitable for double occupancy. One unit is leased currently. Two of the three (3 Bed and 5 bed) units were master-leased to a tenant who elected not to renew their option and will be delivered empty allowing a new buyer flexibility to lease them out at market rents.

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April, 2021
Apr 1, 2021

Date

Expired

CRMLS: RS20203381

$2,300,000

Price
Oct 3, 2020

Date

Active

CRMLS: RS20203381

$2,300,000

Price
Listing provided courtesy of CRMLS

Newly built in 2015. USC bus tram course "A" The student housing triplex located at 1360 W 24th St. The property consists of one 5 Bed/5 Bath unit and two 3 Bed/3 Bath units. The property is in an excellent student housing location, one mile from the University of Southern California and a 5-minute drive from Downtown LA. The property is separately metered for all utilities and is gated for the security of tenants. The units are spacious and potentially suitable for double occupancy. One unit is leased currently. Two of the three (3 Bed and 5 bed) units were master-leased to a tenant who elected not to renew their option and will be delivered vacant allowing a new buyer flexibility to lease them out at market rents.

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February, 2020
Feb 5, 2020

Date

Sold (Public Records)

Public Records

$2,000,000

Price
March, 2018
Mar 1, 2018

Date

Expired

CRMLS: 17266424

$2,199,900

Price
Sep 1, 2017

Date

Price Change

CRMLS: 17266424

$2,199,900

Price
Sep 1, 2017

Date

Active

CRMLS: 17266424

$21,999,000

Price
Listing provided courtesy of CRMLS

BUILT ON 2015. FULLY RENTED, UPGRADED FINISHED, CRAFTSMANSHIP KITCHEN CABINET WITH GRANITE TOPS, STAINLESS STEEL KITCHEN APPLIANCES, LAMINATED WOOD FLOOR TH-RU-OUT. EASY MAINTENANCE LANDSCAPE WITH PAVERS, SEPARATED WATER, GAS AND ELECTRIC METERS, MARBLE FINISHED BATHROOM FINISHES. DESIRABLE RENTAL UNITS FOR USC STUDENTS LOCATED ON THE USC BUS TRAM COURSE "A". HIGH RETURN INCOME PROPERTY.

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December, 2015
Dec 16, 2015

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 1360 W 24th St

Assessed Value (2020): $657,437

Year	Land Value	Improved Value	Assessed Value
2020	$316,472	$340,965	$657,437

About 1360 W 24th St

Detailed summary of property

1360 W 24th St is categorized with a use code of Triplex (3 Units, Any Combination) in Los Angeles, CA 90007 and last sold on February 5, 2020 for $2,000,000. This property has 11 bedrooms, 11 bathrooms, roughly 3,908 living square feet, and sits on an approximately 5,741 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 78.57% higher than the current median priced home. 1360 W 24th St was last sold on February 5, 2020 for $2,000,000. Local nearby listings include 2914 Kenwood Ave, 1520 S New Hampshire Ave and 1051 W 18th St. The average home in Los Angeles, CA is selling in 106 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. If you are the homeowner and looking to sell the home at 1360 W 24th St Los Angeles, CA 90007 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1360 W 24th St

Public county record property details

Beds: 11
Baths: 11
Year built: 2015
Sq. Ft.: 3,908
Lot Size: 5,741
Stories: --

Type: Triplex (3 Units, Any Combination)
Pool: No
Spa: No
County: Los Angeles
Lot#: 19
APN: 5055-003-029

The source for these homes facts are from public records.

90007 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$1,495,000

Median List Price/Sq.Ft.

$610

Median Sold Price

$1,025,000

Median Sold Price/Sq.Ft.

$777

Total Inventory

Median Sale to List Price %

100%

Avg Days on Market

Loan Type

Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

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