1712 W 24th St, Los Angeles, CA 90018
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1712 W 24th St Los Angeles, CA 90018

$800,000 Sold Price as of 01/31/2024
  • 5 Beds
  • 4 Baths
  • 2,104 Sq.Ft.
Sold
$800,000 Sold Price as of 01/31/2024 Refinance Your Mortgage

Map preview of 1712 W 24th St, Los Angeles, CA 90018

Property Overview: 1712 W 24th St Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,104 living square feet and 6,257 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Investor Opportunity! Huge price improvement. Four-unit opportunity in the highly desirable area of West Adams/Jefferson Park. Units consist of one 2+1 and 3 1+1. Owner's unit will be delivered vacant. Long-term tenants in place and current on rents. Onsite and Offsite parking available. Close to USC, DTLA, public transportation, restaurants, and more.

Listed by Nadia Marshall | BRE #02008924 | Excellence RE Real Estate
Last checked: 4 minutes ago | Last updated: February 1st, 2024 | Source CRMLS | DOM: 277

Home details

Lot Sq. Ft
6,257
HOA Dues
$0/mo
Year built
1903
Garage
--
Property Type:
Fourplex
Status
Sold
MLS#
DW23044123
City
Los Angeles
County
Los Angeles
Time on Site
470 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 0
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $49,872
  • Net Operating Income: $37,097
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $12,775
  • Electric: $0
  • Gas/Fuel: $0
  • New Taxes: $10,375
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $2,400

Property Details for 1712 W 24th St

Interior Features
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Off Site, On Site
Lot Information
  • Lot Features: Lawn, Near Public Transit, Paved, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 5058028003
  • 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
  • Directions: South of the 10, North of W. Adams Blvd.
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 1712 W 24th St

Last sold for $800,000 on January 31st, 2024
  • January, 2024

  • Jan 31, 2024

    Date

    Sold

    CRMLS: DW23044123

    $800,000

    Price

  • Mar 16, 2023

    Date

    Active

    CRMLS: DW23044123

    $975,000

    Price

  • February, 2023

  • Feb 25, 2023

    Date

    Expired

    CRMLS: 22196289

    $975,000

    Price

  • Sep 2, 2022

    Date

    Active

    CRMLS: 22196289

    $995

    Price

  • Listing provided courtesy of CRMLS

    Submit ALL Offers!! Owner's unit will be vacant at closing, the 3 other units that are tenant occupied have been updated. Upside on rents - all tenants are current. Off street parking - large rear parking area with storage sheds. Close proximity to USC, DTLA, Koreatown.

  • September, 2022

  • Sep 3, 2022

    Date

    Expired

    CRMLS: 22142511

    $1,100,000

    Price

  • Apr 1, 2022

    Date

    Active

    CRMLS: 22142511

    $1,100,000

    Price

  • Listing provided courtesy of CRMLS

    Perfect for owner to live in 1 unit and rent out the other 3 units - possible student rentals and so much more. Large rear parking area with storage sheds for each unit. Close proximity to USC, DTLA, Koreatown, and more. Don't miss out on this great opportunity.

  • May, 2021

  • May 15, 2021

    Date

    Active

    CRMLS: DW21104464

    $947,000

    Price

  • Listing provided courtesy of CRMLS

    Location Location Location. Great 4 Unit property located on a very desirable quiet block of this historic Adams/Normandie neighborhood. Just walking distance to Normandie Ave and 2 blocks from I10 freeway. Perfect for those who wish to be close to USC, and all the amenities offered in Down Town LA, Korea Town, etc... This quadruplex offers 1) 1 oversized bedroom one bath 2) 2 bedrooms 1 bath 3) 1 Bedroom 1 bath upstairs 4) 1 bedroom 1 bath upstairs. Perfect for this wishing to live in 1 unit and renting the other 3, possible student rentals and so much more. Lots of parking space in the large rear parking area with each unit having their own storage shed. Don't miss out on this great opportunity, will not last.

  • August, 2019

  • Aug 16, 2019

    Date

    Sold

    CRMLS: 18401452

    $690,000

    Price

  • Aug 7, 2019

    Date

    Pending

    CRMLS: 18401452

    $699,000

    Price

  • Jul 6, 2019

    Date

    Active Under Contract

    CRMLS: 18401452

    $699,000

    Price

  • Jun 5, 2019

    Date

    Active

    CRMLS: 18401452

    $699,000

    Price

  • May 11, 2019

    Date

    Active Under Contract

    CRMLS: 18401452

    $699,000

    Price

  • Mar 27, 2019

    Date

    Price Change

    CRMLS: 18401452

    $699,000

    Price

  • Mar 19, 2019

    Date

    Price Change

    CRMLS: 18401452

    $725,000

    Price

  • Mar 7, 2019

    Date

    Price Change

    CRMLS: 18401452

    $699,000

    Price

  • Nov 7, 2018

    Date

    Active

    CRMLS: 18401452

    $725,000

    Price

  • Nov 5, 2018

    Date

    Active Under Contract

    CRMLS: 18401452

    $725,000

    Price

  • Oct 27, 2018

    Date

    Active

    CRMLS: 18401452

    $725,000

    Price

  • Listing provided courtesy of CRMLS

    Great Owner/User opportunity in highly sought after West Adams/Jefferson Park. This newly painted four-unit property sits on quiet tree-lined street. Vacant unit has been updated with new paint and carpet. This property consists of one 2+1 and three 1+1 units. Close to USC, public transportation and restaurants.

  • August, 2019

  • Aug 15, 2019

    Date

    Sold (Public Records)

    Public Records

    $690,000

    Price

  • July, 2018

  • Jul 25, 2018

    Date

    Sold

    CRMLS: OC18156451

    $650,000

    Price

  • Jul 17, 2018

    Date

    Pending

    CRMLS: OC18156451

    $599,000

    Price

  • Jul 4, 2018

    Date

    Active Under Contract

    CRMLS: OC18156451

    $599,000

    Price

  • Jun 29, 2018

    Date

    Active

    CRMLS: OC18156451

    $599,000

    Price

  • Listing provided courtesy of CRMLS

    4 residential income units in the West Adams District. Close to USC. This is a great opportunity with lots of upside. some units were updated with flooring, carpet and or laminate over the years. Some faucets and toilets and cabinets have been replaced as well.

  • July, 2018

  • Jul 25, 2018

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

Show More

Tax History for 1712 W 24th St

Assessed Value (2020): $561,000
Year Land Value Improved Value Assessed Value
2020 $336,600 $224,400 $561,000

Home Value Compared to the Market

This property vs the competition

1712 W 24th St sold on January 31, 2024 for 29.2% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $380.23 per/sqft which puts the price per square foot 49.57% lower than the current median sale per square foot for the city of Los Angeles.

About 1712 W 24th St

Detailed summary of property

1712 W 24th St is a fourplex that recently sold in Los Angeles, CA 90018. This fourplex offered 5 bedrooms, 4 bathrooms, roughly 2,104 living square feet, and sits on an approximately 6,257 square foot lot. 1712 W 24th St was first listed on ArdentRealEstateGroup.com on March 17, 2023. The homeowner sold the property for $800,000. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 29.2% lower than the current median priced home. Local homes that are currently for sale include 1823 W Martin Luther King Jr Blvd, 1835 W 12th St and 1835 W 12th St. While the average home in Los Angeles, CA is selling in 99 days, 1712 W 24th St has a days on market of 277 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1712 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 1712 W 24th St

Public county record property details
Beds
4
Baths
4
Year built
1903
Sq. Ft.
2,104
Lot Size
6,257
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
3
APN
5058-028-003

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
$924,999
Median List Price/Sq.Ft.
$629
Median Sold Price
$1,130,000
Median Sold Price/Sq.Ft.
$712
Total Inventory
51
Median Sale to List Price %
103.2%
Avg Days on Market
45
Loan Type
Conventional (22.22%), FHA (0%), VA (0%), Cash (22.22%), Other (0%)

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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.