1702 W 24th St, Los Angeles, CA 90018
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1702 W 24th St Los Angeles, CA 90018

$930,000 Sold Price as of 03/26/2021
  • 5 Beds
  • 2 Baths
  • 2,495 Sq.Ft.
Sold
$930,000 Sold Price as of 03/26/2021 Refinance Your Mortgage

Map preview of 1702 W 24th St, Los Angeles, CA 90018

Property Overview: 1702 W 24th St Los Angeles, CA has 5 bedrooms, 2 bathrooms, 2,495 living square feet and 4,982 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: One of a kind 5 bedroom Craftsman home located in the Granada Tract Historic District in West Adams. No expense was spared when completely renovating this home inside and out. Both bathrooms have been completely remodeled. All rooms have been updated with hardwood floors, individual heating and cooling. New dual pane windows brighten this spacious airy floor plan. Dramatic entry with high ceilings opens with arches to large living room and formal dining room with fireplace. Kitchen with walk through pantry that flows into dining room. Convenient bedroom and bathroom downstairs Inside laundry room. This perfect floor plan provides an excellent place for students or raising a family. Front and rear yards have been landscaped with irrigation with drought tolerant California plants. The rear yard has a large raised patio with built-in fireplace. The grass lawn separates the house from the garage and electric gated parking area. Amazing curb appeal with inviting front porch, mature landscaping, designer fencing and gate makes this desirable corner location.This centralized home is close to USC campus, 10 and 110 freeways. This home is a unique investment opportunity. Providing quality individual privacy while enjoying a homelike environment inside and out. Common area are spacious with rich historical character with all modern consciences. Results have shown a history of high quality students paying premium rents. Easy transition for investors.

Listed by Larry Petersen | BRE #00956471 | Seven Gables Real Estate
Last checked: 12 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 72

Home details

Lot Sq. Ft
4,982
HOA Dues
$0/mo
Year built
1900
Garage
1 Car
Property Type:
Single Family Home
Status
Sold
MLS#
OC20240463
City
Los Angeles
County
Los Angeles
Time on Site
1334 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 1
  • Total # of Buildings: 1
  • # of Electric Meters: 1
  • # of Gas Meters: 1
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 5
  • # of Baths: 2
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $62,400
  • Total Rent: $62,400
  • Pro Forma/Market Rent: $1
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $62,400
  • Net Operating Income: $52,483
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $9,917
  • Gas/Fuel: $0
  • New Taxes: $7,555
  • Trash: $400
  • Insurance: $1,562
  • Professional Management: $0

Property Details for 1702 W 24th St

Interior Features
Cooling Information
  • Has Cooling
  • See Remarks
Heating Information
  • Has Heating
  • See Remarks
Laundry Information
  • Has Laundry
  • Inside
Fireplace Information
  • Has Fireplace
  • Dining Room, Outside, Patio
Room Information
  • Flooring: Wood
  • Entry, Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom
Kitchen Information
  • Has Appliances
  • Dishwasher, Gas Oven, Gas Range, Gas Water Heater, Water Heater
Interior Features
  • High Ceilings, Pantry, Tile Counters
  • Levels: Two
  • Window Features: Double Pane Windows
  • Security Features: Automatic Gate
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • See Remarks
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 1
  • # of Parking Spaces: 2
  • Has Parking
  • Parking Features: Auto Driveway Gate, Driveway, Garage, Garage Faces Side, Garage - Single Door, Garage Door Opener, Gated, Parking Space
Lot Information
  • Lot Features: Corner Lot, Front Yard, Near Public Transit, Sprinkler System, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: No Common Walls
  • Total # of Units: 1
  • Parcel Number: 5058028001
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is not Attached
  • Accessibility Features: None
  • Property Condition: Turnkey
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
Assessment Information
  • No Assessments
  • Assessments: None
Location / Neighborhood
Location Information
  • Directions: 24th Street and Normandy
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Dog Park, Sidewalks, Street Lights
View more facts & features

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Sale History for 1702 W 24th St

Last sold for $930,000 on March 26th, 2021
  • March, 2021

  • Mar 26, 2021

    Date

    Sold

    CRMLS: OC20233757

    $930,000

    Price

  • Feb 1, 2021

    Date

    Pending

    CRMLS: OC20233757

    $950,000

    Price

  • Jan 22, 2021

    Date

    Price Change

    CRMLS: OC20233757

    $950,000

    Price

  • Nov 6, 2020

    Date

    Active

    CRMLS: OC20233757

    $990,000

    Price

  • Listing provided courtesy of CRMLS

    One of a kind 5 bedroom Craftsman home located in the Granada Tract Historic District in West Adams. No expense was spared when completely renovating this home inside and out. Both bathrooms have been completely remodeled. All rooms have been updated with hardwood floors, individual heating and cooling. New dual pane windows brighten this spacious airy floor plan. Dramatic entry with high ceilings opens with arches to large living room and formal dining room with fireplace. Kitchen with walk through pantry flows from dining room or entry. Convenient bedroom and bathroom downstairs. Inside laundry room. This perfect floor plan provides an excellent place for students or raising a family. Front and rear yards have been landscaped with irrigation with drought tolerant California plants. The rear yard has a large raised patio with built in fireplace. The grass lawn separates the house from the garage and electric gated parking area. Amazing curb appeal with inviting front porch, mature landscaping, designer fencing and gate makes this desirable corner location. This centralized home is close to USC campus, 10 and110 freeways. This home is a unique investment opportunity. Providing quality individual privacy while enjoying a home like environment inside and out. Common areas are spacious with rich historical character with all modern consciences. Results have shown a history of high quality students paying premium rents. Easy transition for investors.

  • March, 2021

  • Mar 26, 2021

    Date

    Sold

    CRMLS: OC20240463

    $930,000

    Price

  • Feb 1, 2021

    Date

    Pending

    CRMLS: OC20240463

    $950,000

    Price

  • Jan 22, 2021

    Date

    Price Change

    CRMLS: OC20240463

    $950,000

    Price

  • Nov 17, 2020

    Date

    Active

    CRMLS: OC20240463

    $990,000

    Price

  • October, 2012

  • Oct 9, 2012

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1702 W 24th St

Assessed Value (2020): $594,068
Year Land Value Improved Value Assessed Value
2020 $470,772 $123,296 $594,068

Home Value Compared to the Market

This property vs the competition

1702 W 24th St sold on March 26, 2021 for 15.18% 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 $380.76 per/sqft which puts the price per square foot 47.41% lower than the current median sale per square foot for the city of Los Angeles.

About 1702 W 24th St

Detailed summary of property

1702 W 24th St is a single family home that recently sold in Los Angeles, CA 90018. This house offered 5 bedrooms, 2 bathrooms, roughly 2,495 living square feet, and sits on an approximately 4,982 square foot lot. 1702 W 24th St was first listed on ArdentRealEstateGroup.com on January 20, 2021. The homeowner sold the property for $930,000. 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 15.18% lower than the current median priced home. Local homes that are currently for sale include 2273 W 29th St, 3559 S Gramercy Pl and 3814 S Normandie Ave. While the average home in Los Angeles, CA is selling in 104 days, 1702 W 24th St has a days on market of 72 days. There are currently 4084 homes for sale in the Los Angeles real estate market and 2797 of them are single family homes while 1162 of them are condos and 119 are townhomes. For more information on this home for sale at 1702 W 24th St Los Angeles, CA 90018 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1702 W 24th St

Public county record property details
Beds
5
Baths
2
Year built
1900
Sq. Ft.
2,495
Lot Size
4,982
Stories
--
Type
Single Family Residential
Pool
No
Spa
No
County
Los Angeles
Lot#
1
APN
5058-028-001

The source for these homes facts are from public records.

90018 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$999,800
Median List Price/Sq.Ft.
$640
Median Sold Price
$1,040,000
Median Sold Price/Sq.Ft.
$672
Total Inventory
62
Median Sale to List Price %
104.1%
Avg Days on Market
38
Loan Type
Conventional (22.22%), FHA (11.11%), VA (0%), Cash (22.22%), Other (22.22%)

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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.