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1862 W 24Th St, Los Angeles, CA 90018
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1862 W 24Th St Los Angeles, CA 90018

$820,000 Sold Price as of 12/20/2021
  • 2 Beds
  • 2 Baths
  • 1,667 Sq.Ft.
Sold
$820,000 Sold Price as of 12/20/2021 Refinance Your Mortgage
Map preview of 1862 W 24Th St, Los Angeles, CA 90018

Property Overview: 1862 W 24Th St Los Angeles, CA has 2 bedrooms, 2 bathrooms, 1,667 living square feet and 6,653 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: LOCATION LOCATION***West Adams District, Jefferson Park adjacent craftsman-style duplex in a highly desirable area. Great investment opportunity to own in this area. Notable development project at 1840 & 1869 W. 24th St. Duplex consists of (2) 1 bedroom and 1 bath units, with living room, den, separate laundry room off kitchen area. Large backyard with shared driveway access and detached 1-car garage. Tenant pays all utilities. Conveniently located near 10 and 110 Freeways, Schools, First A.M.E. Church, Public Transportation, USC Campus, Koreantown, Jefferson Park and Downtown LA. DO NOT DISTURB TENANTS!!

Listed by Earnest Kidd | BRE #01318970 | Berkshire Hathaway HomeServices California Properties
Last checked: 5 minutes ago | Last updated: March 23rd, 2022 | Source CRMLS | DOM: 12

Home details

Lot Sq. Ft
6,653
HOA Dues
$0/mo
Year built
1914
Garage
1 Car
Property Type:
Duplex
Status
Sold
MLS#
SB21233552
City
Los Angeles
County
Los Angeles
Time on Site
1061 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,740
  • Total Rent: $1,740
  • Pro Forma/Market Rent: $1,800
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,310
  • Total Rent: $1,310
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $36,600
  • Net Operating Income: $23,393
  • Gross Operating Income: $36,600
  • Vacancy Allowance: $0
  • # of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Rental Income: $0
  • Laundry Income: $0
  • Other Income 1: $0
  • Other Income 2: $200
  • Other Income Description: Unit 1864 Guest
Annual Expense Breakdown
  • Total Operating Expense: $13,206
  • Electric: $0
  • Gas/Fuel: $0
  • Licenses: $0
  • New Taxes: $10,937
  • Furniture Replacement: $0
  • Trash: $0
  • Cable TV: $0
  • Gardener: $780
  • Insurance: $1,036
  • Workman's Comp: $0
  • Professional Management: $0
  • Water/Sewer: $0
  • Other Expenses: $454
  • Other Expense Description: RSO Bill

Property Details for 1862 W 24Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Gas Dryer Hookup, In Kitchen, Individual Room, Inside, Washer Hookup
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet, Laminate, Tile
  • Den, Kitchen, Laundry, Living Room
Kitchen Information
  • Has Appliances
  • Free-Standing Range, Gas Oven, Gas Range, Range Hood, Refrigerator, Water Heater
Interior Features
  • Ceiling Fan(s), Formica Counters, Unfurnished
  • Levels: One
  • Window Features: Drapes, Screens
  • Security Features: Carbon Monoxide Detector(s), Smoke Detector(s), Window Bars
Exterior Features
Exterior Information
  • Roof: Composition
  • Has Fence
  • Average Condition, Chain Link
  • 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: 1
  • Has Parking
  • Parking Features: Driveway, Concrete, Garage, Garage Faces Front, Garage - Single Door
Lot Information
  • Lot Features: Back Yard, Front Yard, Level with Street, Flag Lot, Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Neighborhood
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 5058021024
  • Year Built Source: Assessor
  • Architectural Style: Craftsman
  • Foundation Details: Raised
  • Property is Attached
  • Accessibility Features: Ramp - Main Level
  • Property Condition: Repairs Cosmetic
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Directions: East S. La Salle Ave and East of S. Congress Ave
  • Road Frontage Type: City Street
  • Road Surface Type: Maintained, Paved
Neighborhood Information
  • Community Features: Curbs, Sidewalks, Street Lights, Urban
View more facts & features

Local Los Angeles Agent

Sale History for 1862 W 24Th St

Last sold for $820,000 on December 20th, 2021

  • November, 2021

  • Nov 27, 2021

    Date

    Pending

    CRMLS: SB21233552

    $875,000

    Price

Tax History for 1862 W 24Th St

Assessed Value (2020): $220,431
Year Land Value Improved Value Assessed Value
2020 $185,998 $34,433 $220,431

Home Value Compared to the Market

This property vs the competition

1862 W 24Th St sold on December 20, 2021 for 21.88% 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 $524.9 per/sqft which puts the price per square foot 27.5% lower than the current median sale per square foot for the city of Los Angeles.

About 1862 W 24Th St

Detailed summary of property

1862 W 24Th St is a duplex that recently sold in Los Angeles, CA 90018. This duplex offered 2 bedrooms, 2 bathrooms, roughly 1,667 living square feet, and sits on an approximately 6,653 square foot lot. 1862 W 24Th St was first listed on ArdentRealEstateGroup.com on October 23, 2021. The homeowner sold the property for $820,000. 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 21.88% lower than the current median priced home. Local homes that are currently for sale include 3918 Halldale Ave, 3929 Brighton Ave and 1814 W 39th St. While the average home in Los Angeles, CA is selling in 106 days, 1862 W 24Th St has a days on market of 12 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. For more information on this home for sale at 1862 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 1862 W 24Th St

Public county record property details
Beds
2
Baths
2
Year built
1914
Sq. Ft.
1,667
Lot Size
6,652
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
23
APN
5058-021-024

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%)

Thinking of Selling?

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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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