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$799,000   Price Analysis
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1237 W 24th St
Los Angeles, CA 90007
2 bed 2 bath 1,679 SqFt ($475/SqFt)
5,885SqFt lot. Built 1906
Listed 2024-08-07, Taxes $1,410
Ⓧ USDA Ineligible
due to price & location

near Los Angeles

Welcome to an exquisite opportunity in the heart of Downtown Los Angeles an exceptional property that seamlessly blends historic charm with the potential for modern luxury.

This distinguished property features three unique structures, each offering its own distinct appeal. The centerpiece is a stunning historic Queen Anne home, boasting 2 bedrooms and 2 baths. Lovingly preserved and meticulously maintained, this residence exudes timeless elegance with intricate architectural details and big interiors. Currently rented to USC students, this home not offers a tremendous experience for its inhabitants, but also serves as an income-generating asset. Tucked behind the main house, a bungalow awaits a beautifully appointed 1-bedroom, 1-bath that provides a private oasis for guests or additional rental income.

With its cozy ambiance and stylish design, this space is ready to be reimagined for those seeking comfort and tranquility. A versatile storage garage adds to the property's functionality, offering practical utility and additional space to suit your needs.Perfectly positioned moments from the USC campus and a short drive from the vibrant energy of Downtown Los Angeles, this property is situated in a neighborhood renowned for its consistent growth and rising prestige. Whether you're an investor looking for a prime asset or a parent seeking a premier residence for your USC student children, this property offers unparalleled value. Having been lovingly cared for by the same owner for decades, this is ready to be reimagined and elevated to its full potential, with the capacity to command even greater rental income. Don't miss your chance to own a piece of Los Angeles history while adding mdern-day luxuries in an unbeatable location.


Presented by Kirk Hawkins at
Paradigm.
Listing Agent Photo

Property MLS #24-423147 from TheMLSCLAW

Bedrooms: 2

Total Bathrooms: 2
Full Bathrooms: 2

Heating Features: Wall

Water Features: District

Lot Size Acres: 0.135101
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 5885

Garage Description: Driveway

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Number of Units: 2
Unit Features: 1 BedsTotal: 2, 1 BathsTotal: 1, 1 SquareFeet: 3500, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 2500

Source Listing Status: Active
County: Los Angeles
Directions: From the 110 and 10, go west on the 10. Exit South on Vermont Ave and turn left on W. 24th. Home is 2nd block in on the left.
Source Property Type: Residential Income
Area: Mid Los Angeles
Source Neighborhood: Mid Los Angeles
Parcel Number: 5055-017-005
Postal Code Plus 4: 1727
Zoning: LAR4
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$9,742 + $78,070
$87,812
$1,410
2021$9,551 + $76,540
$86,091
$1,383
2020$9,454 + $75,756
$85,210
$1,392
2019$9,269 + $74,271
$83,540
$1,350
2018$9,088 + $72,815
$81,903
$1,219
2017$8,910 + $71,388
$80,298
$1,197
2016$8,736 + $69,989
$78,725
$1,152
2015$8,605 + $68,938
$77,543
$1,138
2014$8,437 + $67,588
$76,025
$1,159
2013$8,399 + $67,283
$75,682
$1,153
2012$8,235 + $65,964
$74,199
$1,167
2010$8,074 + $64,671
$72,745
$1,157
2009$8,034 + $64,341
$72,375
$1,113
2009$8,014 + $64,188
$72,202
$1,113
2008$7,877 + $63,080
$70,957
$1,074
2007$7,723 + $61,844
$69,567
$1,036

Listed 2024-08-07
$799,000
TheMLSCLAW
Listed 2024-08-03
$799,000
TheMLSCLAW
Sold 1983-03-15
$45,000
Public Record

Net Operating Income: 5415.220000000

Total Square Feet Living: 1679
Year Built: 1906
Common Walls: Detached/No Common Walls
Entry Location: Ground Level w/steps
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 118
Year Built Source: Vendor Enhanced

West Adams Preparatory High School is a public high school located approximately 0.4 miles away.
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Norwood Street Elementary School is a public elementary school located approximately 0.6 miles away.
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John Adams Middle School is a public middle school located approximately 1.2 miles away.
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Divine Providence Day Nursery And Kindergarten is a private elementary school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.