1576 W 24Th St Los Angeles, CA 90007

$485,000 Sold Price as of 10/09/2015

4 Beds
4 Baths
3,040 Sq.Ft.

Off Market

$485,000 Sold Price as of 10/09/2015 Refinance Your Mortgage

Map preview of 1576 W 24Th St, Los Angeles, CA 90007

Property Overview: 1576 W 24Th St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 3,040 living square feet and 2,456 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

1576 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 $772. 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 $63,700. 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 1576 W 24Th St

Last sold for $485,000 on October 9th, 2015

December, 2019
Dec 25, 2019

Date

Canceled

CRMLS: 19473576

$849,000

Price
Jun 25, 2019

Date

Price Change

CRMLS: 19473576

$849,000

Price
Jun 3, 2019

Date

Active

CRMLS: 19473576

$895,000

Price
Listing provided courtesy of CRMLS

We are pleased to offer for sale this four (4) unit investment opportunity located at 1576 W. 24th Street, just a short distance from the internationally renowned University of Southern California (USC). This two-story building, consisting of one structure, was constructed of wood frame and stucco on a raised foundation built in 1923 with a square footage of 3,040 on a 2,456-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of four (4) 1+1 units. The subject property is 100% occupied, and is subject to the City of Los Angeles rent control regulation. The investment boasts spacious floor plans, secured gated entry, washer & dryers within 3 of the 4 units, new silicone roof, double pane windows, and individually metered for gas and electricity.

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May, 2019
May 29, 2019

Date

Expired

CRMLS: 19449118

$895,000

Price
May 16, 2019

Date

Active

CRMLS: 19449118

$895,000

Price
May 10, 2019

Date

Active Under Contract

CRMLS: 19449118

$895,000

Price
Mar 29, 2019

Date

Active

CRMLS: 19449118

$895,000

Price
Listing provided courtesy of CRMLS

In the heart of Mid City sited on a prime location, is this Spanish style fourplex. All units are one bedroom/one bath and individually metered. Two up two down with great curb appeal. Improvements include all new windows in all four units and a new roof. All units have been pest treated. The spacious living rooms in all units get an abundance of natural light. Lots of potential for rental growth. Close proximity to USC for all of you Trojan fans. Great investment for the savvy investor.

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May, 2018
May 29, 2018

Date

Sold

CRMLS: 315008286

$485,000

Price
Listing provided courtesy of CRMLS

Great investment opportunity! Charming Spanish style four-plex residential income property located in the rapidly gentrifying West Adams Neighborhood in the heart of Los Angeles. Approximately 1 mile from the USC campus. The property features four spacious 1 bedroom - 1 bathroom units. 4 gas meters, 4 electricity meters.

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June, 2017
Jun 2, 2017

Date

Sold

CRMLS: P0-315008286

$485,000

Price
Listing provided courtesy of CRMLS

Great investment opportunity! Charming Spanish style four-plex residential income property located in the rapidly gentrifying West Adams Neighborhood in the heart of Los Angeles. Approximately 1 mile from the USC campus. The property features four spacious 1 bedroom - 1 bathroom units. 4 gas meters, 4 electricity meters.

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October, 2015
Oct 9, 2015

Date

Sold (Public Records)

Public Records

$485,000

Price
December, 2005
Dec 22, 2005

Date

Sold (Public Records)

Public Records

$620,000

Price

Tax History for 1576 W 24Th St

Assessed Value (2020): $524,978

Year	Land Value	Improved Value	Assessed Value
2020	$368,026	$156,952	$524,978

About 1576 W 24Th St

Detailed summary of property

1576 W 24Th St is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90007 and last sold on October 9, 2015 for $485,000. This property has 4 bedrooms, 4 bathrooms, roughly 3,040 living square feet, and sits on an approximately 2,456 square foot lot. Homes in Los Angeles are selling for a median price of $1,274,000 and a median price per square foot of $791. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 61.93% lower than the current median priced home. 1576 W 24Th St was last sold on October 9, 2015 for $485,000. Local nearby listings include 1207 S Harvard Blvd, 2826 W 11th St and 1732 W 35Th St. The average home in Los Angeles, CA is selling in 100 days. There are currently 3938 homes for sale in the Los Angeles real estate market and 2648 of them are single family homes while 1176 of them are condos and 106 are townhomes. If you are the homeowner and looking to sell the home at 1576 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 1576 W 24Th St

Public county record property details

Beds: 4
Baths: 4
Year built: 1923
Sq. Ft.: 3,040
Lot Size: 2,456
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 12,13
APN: 5054-017-027

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

$1,380,000

Median List Price/Sq.Ft.

$501

Median Sold Price

$525,000

Median Sold Price/Sq.Ft.

$589

Total Inventory

Median Sale to List Price %

102.94%

Avg Days on Market

Loan Type

Conventional (50%), FHA (0%), VA (0%), Cash (50%), Other (0%)

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(714) 706-1823

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