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1659 W 24th St, Los Angeles, CA 90007
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1659 W 24th St Los Angeles, CA 90007

$980,631 Sold Price as of 05/31/2019
  • 12 Beds
  • 4 Baths
  • 3,648 Sq.Ft.
Sold
$980,631 Sold Price as of 05/31/2019 Refinance Your Mortgage
Map preview of 1659 W 24th St, Los Angeles, CA 90007

Property Overview: 1659 W 24th St Los Angeles, CA has 12 bedrooms, 4 bathrooms, 3,648 living square feet and 5,313 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Excellent opportunity to own an income property in Mid-City Los Angeles. All four units (two upstairs & two downstairs - separately metered gas & electric) have 3 bedrooms, 1 bathroom, with laundry hookups inside each. There is a shared back-yard. Newer roof and exterior paint. Close to Downtown Los Angeles, USC, West LA and easy access to the freeway.

Listed by Jeff Rusell | BRE #01275750 | eXp Realty of California Inc
Last checked: 6 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 13

Home details

Lot Sq. Ft
5,313
HOA Dues
$0/mo
Year built
1912
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
IN19076565
City
Los Angeles
County
Los Angeles
Time on Site
1355 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Leased Units: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $1,850
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,590
  • Total Rent: $1,590
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,560
  • Total Rent: $1,560
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,590
  • Total Rent: $1,590
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $78,480
  • Net Operating Income: $71,720
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $6,760
  • Electric: $3,240
  • Gas/Fuel: $0
  • New Taxes: $0
  • Trash: $0
  • Insurance: $700
  • Water/Sewer: $4,800

Property Details for 1659 W 24th St

Interior Features
Laundry Information
  • Has Laundry
  • Inside
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 4
Lot Information
  • Lot Features: 2-5 Units/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 5054002028
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Other Subdivision Name: Mid-City
  • Directions: Off of Normandie and 24th
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1659 W 24th St

Last leased for $2,500 on December 22nd, 2020

  • December, 2020

  • Dec 25, 2020

    Date

    Leased

    CRMLS: 20661082

    $2,500

    Price

  • Nov 25, 2020

    Date

    Active

    CRMLS: 20661082

    $2,500

    Price

  • Listing provided courtesy of CRMLS

    Beautifully renovated 3 bedroom + 2 bathroom downstairs unit in a historic 1912 craftsman building located in West Adams by USC and 10 freeway. This mid-century modern interior designed home has been completely updated from top to bottom. The kitchen includes brand new appliances (refrigerator, dishwasher, stove and microwave) with in-unit washer/dryer. The bathrooms have new subway tile and matte black fixtures. The bedrooms are spacious and tranquil. It is light and bright, with high 10 foot ceiling open feel plus new laminate floors throughout. Direct access to the unit from the front and quiet backyard with fruit trees. Nearby Trader Joe's, Target, Ralphs and Nature's Brew, Birds Nest Cafe, Nanas Indian, La Barca. Landlord pays gardner and pest control. Close by USC, Koreatown, Downtown LA. Tenant pays gas, electricity, trash, water. One tandem parking spot available for an added $75/month. Schedule to see this rental today!

  • November, 2020

  • Nov 25, 2020

    Date

    Canceled

    CRMLS: 20626794

    $2,600

    Price

  • Sep 12, 2020

    Date

    Price Change

    CRMLS: 20626794

    $2,600

    Price

  • Sep 1, 2020

    Date

    Active

    CRMLS: 20626794

    $2,700

    Price

  • Listing provided courtesy of CRMLS

    Come live in this beautifully renovated 3 bedroom + 2 bathroom downstairs unit in a historic craftsman building located on a residential street in the Normandie Adams neighborhood. This mid-century modern home has been completely updated from top to bottom. The kitchen includes brand new appliances (refrigerator, dishwasher, stove and microwave) with in-unit washer/dryer. The bathroom has new subway tiles and black matte fixtures. It is light and bright, with an amazing open feel, plus in-unit stacked washer/dryer + new laminate floors throughout. Direct access to the unit from the front and back door. Nearby Trader Joe's, Target, Ralphs and Nature's Brew, Birds Nest Cafe, Nanas Indian, La Barca. Landlord pays gardner and pest control. Close by USC, Koreatown, Downtown LA. Tenant pays gas, electricity, trash, water. One tandem parking spot shared on driveway included or deduct $100/month if no parking is needed. Schedule to see this rental today!

  • January, 2020

  • Jan 21, 2020

    Date

    Leased

    CRMLS: 20541688

    $2,475

    Price

  • Jan 8, 2020

    Date

    Active

    CRMLS: 20541688

    $2,475

    Price

  • Listing provided courtesy of CRMLS

    Beautifully renovated 3 bedroom + 1 bathroom upstairs unit in a historic craftsman building located on a quiet street in the Normandie Adams neighborhood. This mid-century modern home has been completely updated with new laminate floors throughout and comes with in-unit washer/dryer. The kitchen includes brand new appliances (refrigerator, dishwasher, stove and microwave). The bathroom has new subway tiles and black matte fixtures. It is light and bright, with peak-a-boo city views. Direct access to the unit from the front and back door. Near Trader Joe's, Target, Ralphs and Nature's Brew, Birds Nest Cafe, Nanas Indian, La Barca. Close to USC, Koreatown, Downtown LA. Tenant pays gas, electricity, trash, water. Pets are negotiable. One tandem parking space included on the driveway to be shared with the other tenants in the building is included. Schedule to see this rental today!

  • January, 2020

  • Jan 8, 2020

    Date

    Leased

    CRMLS: 20539962

    $2,395

    Price

  • Jan 3, 2020

    Date

    Active

    CRMLS: 20539962

    $2,395

    Price

  • Listing provided courtesy of CRMLS

    Beautifully renovated 3 bedroom + 1 bathroom upstairs unit in a historic craftsman building located on a quiet street in the Normandie Adams neighborhood. This mid-century modern home has been completely updated from top to bottom with in-unit washer/dryer and new laminate floors throughout. The kitchen includes brand new appliances (refrigerator, dishwasher, stove and microwave). The bathroom has new subway tiles and black matte fixtures. It is light and bright, with peak-a-boo city views. Direct access to the unit from the front and back door. Near Trader Joe's, Target, Ralphs and Nature's Brew, Birds Nest Cafe, Nanas Indian, La Barca. Close to USC, Koreatown, Downtown LA. Landlord pays gardner and pest control. Tenant pays gas, electricity, trash, water. Pets are negotiable. One tandem parking space included on the driveway to be shared with the other tenants in the building. Schedule to see this rental today!

  • December, 2019

  • Dec 31, 2019

    Date

    Canceled

    CRMLS: 19528160

    $2,395

    Price

  • Nov 19, 2019

    Date

    Price Change

    CRMLS: 19528160

    $2,395

    Price

  • Nov 8, 2019

    Date

    Active

    CRMLS: 19528160

    $2,495

    Price

  • Listing provided courtesy of CRMLS

    Beautifully renovated 3 bedroom + 1 bathroom upstairs unit in a historic craftsman building located on a quiet street in the Normandie Adams neighborhood. This mid-century modern home has been completely updated from top to bottom with in-unit washer/dryer and new laminate floors throughout. The kitchen includes brand new appliances (refrigerator, dishwasher, stove and microwave). The bathroom has new subway tiles and black matte fixtures. It is light and bright, with peak-a-boo city views. Direct access to the unit from the front and back door. Near Trader Joe's, Target, Ralphs and Nature's Brew, Birds Nest Cafe, Nanas Indian, La Barca. Close to USC, Koreatown, Downtown LA. Landlord pays gardner and pest control. Tenant pays gas, electricity, trash, water. Pets are negotiable. One tandem parking space included on the driveway to be shared with the other tenants in the building. Schedule to see this rental today!

  • May, 2019

  • May 31, 2019

    Date

    Sold

    CRMLS: IN19076565

    $980,631

    Price

  • May 10, 2019

    Date

    Pending

    CRMLS: IN19076565

    $900,000

    Price

  • Apr 18, 2019

    Date

    Active Under Contract

    CRMLS: IN19076565

    $900,000

    Price

  • Apr 6, 2019

    Date

    Active

    CRMLS: IN19076565

    $900,000

    Price

  • May, 2019

  • May 31, 2019

    Date

    Sold (Public Records)

    Public Records

    $981,000

    Price

  • November, 2004

  • Nov 23, 2004

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

Show More

Tax History for 1659 W 24th St

Assessed Value (2020): $1,000,243
Year Land Value Improved Value Assessed Value
2020 $816,000 $184,243 $1,000,243

Home Value Compared to the Market

This property vs the competition

1659 W 24th St sold on May 31, 2019 for 19.64% lower than the current median sold price for the city of Los Angeles which is $1,120,000. The median sold price per/sqft for Los Angeles is $724 and this home is sold at $246.71 per/sqft which puts the price per square foot 65.92% lower than the current median sale per square foot for the city of Los Angeles.

About 1659 W 24th St

Detailed summary of property

1659 W 24th St is a fourplex that recently sold in Los Angeles, CA 90007. This fourplex offered 12 bedrooms, 4 bathrooms, roughly 3,648 living square feet, and sits on an approximately 5,313 square foot lot. 1659 W 24th St was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $980,631. Home 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 19.64% lower than the current median priced home. Local homes that are currently for sale include 1232 S Kenmore Ave, 1601 Venice Blvd and 1366 W 37th Pl. While the average home in Los Angeles, CA is selling in 106 days, 1659 W 24th St has a days on market of 13 days. There are currently 4139 homes for sale in the Los Angeles real estate market and 2834 of them are single family homes while 1183 of them are condos and 115 are townhomes. For more information on this home for sale at 1659 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 1659 W 24th St

Public county record property details
Beds
4
Baths
4
Year built
1912
Sq. Ft.
3,648
Lot Size
5,312
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
43
APN
5054-002-028

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
$1,399,999
Median List Price/Sq.Ft.
$550
Median Sold Price
$1,025,000
Median Sold Price/Sq.Ft.
$777
Total Inventory
19
Median Sale to List Price %
100%
Avg Days on Market
0
Loan Type
Conventional (0%), FHA (0%), VA (0%), Cash (0%), Other (0%)

Thinking of Selling?

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Homes for Sale Near 1659 W 24th St

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Recently Sold Homes Near 1659 W 24th St

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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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