5 months on rocket

1431 W 24th St, Los Angeles, CA, 90007

$1,795,000

Home List Price

$10,000*

Closing Credit

16 Bedrooms
8 Baths
4,320 SqFt
$416/SqFt
House

Location

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1431 W 24th St, Los Angeles$1,795,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeOther
ParkingNone
Year Built1913
HeatingCentral, Natural Gas
CoolingCentral Air
ViewNone
MLS #24408595
Lot Size0.07 Acres
StatusActive

About 1431 W 24th St

Turn-key property within a mile from USC Village. The well-maintained quadruplex, conveniently offers excellent access to USC transportation, the Metro Expo Line, freeways, and city transportation. The building consists of four remodeled and updated units, each approximately 1,080 square feet. With two units downstairs and two upstairs, every unit features 4 bedrooms and 2 bathrooms, totaling 16 bedrooms and 8 bathrooms. Modern amenities include tankless water heaters, central AC and heat, laundry machines, fully equipped kitchens, and furnished common spaces. Each unit is separately metered for gas and electricity. Three of the four units have rooms rented to students and are equipped with a bed, desk, and mini-fridge. Tax savings may be available as the building is registered, and under a Mills Act contract. Don't miss out on this prime investment opportunity with tremendous upside potential! Broker does not guarantee the accuracy of square footage, lot size or other info concerning conditions or features of the property provided by the seller or obtained from public records. Buyer and buyer agents are advised to conduct due diligence.

Property Details

Property Features

Property Information:

  • Architectural Style: Craftsman
  • Year Built: 1913
  • Stories: 2
  • Living Area: 4,320 SqFt

Listing Office:

  • Office Name: The Proud Crowd Inc.
  • Office Phone: (310) 601-7436
  • Listing Agent: Amalia Ochoa

Interior Features

Interior Information:

  • Appliances: Disposal, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan, Dryer, Washer
  • Flooring Type: Carpet, Wood
  • Interior: Ceiling Fan(s)

Bedroom and Bathroom Information:

  • Total Bedroom Count: 16

Exterior Features

Exterior Information:

  • View: None

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.07 Acres

Utilities

Utilities Information:

  • Heating: Central, Natural Gas
  • Cooling: Central Air

Other

Directions Information:

  • Directions: West of Vermont, Just North of Adams, about 1 mile West of USC

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,795,000
  • Price Per SqFt: $416/SqFt

Tax Information:

  • Annual Amount: $6,908
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

1431 W 24th St vs Los Angeles

172 DAYS ON ROCKET

+134 Days

$1,795,000

+$773.4K More

$416/SqFt

-$224 Less

KEY TAKEAWAY

This property is $773.4K more than the Median Sold Price and $224/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24408595

Listing Office:

  • Office Name: The Proud Crowd Inc.
  • Office Phone: (310) 601-7436
  • Listing Agent: Amalia Ochoa

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/22/2024, 8:21:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Feb 11, 2015Home Sold
$540,000
Oct 19, 2004Home Sold
$685,000
Jul 30, 2002Home Sold
$330,000
Jun 06, 2001Home Sold
$200,000
Nov 16, 1999Home Sold
$160,000
Jun 20, 1996Home Sold
$182,000

Tax History

YEARPROP. TAXASSESSMENT
2021$6,908$544,000
2020$12,251$423,000
2019$7,239$1,000,000
2018$6,969$570,381
2017$6,969$548,234

History based on county public records data.

Payment Calculator

$9,026

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$5,448

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-927770
6
/10

  • Vermont Avenue Elementary

  • 1435 W 27th St

  • 0.26 miles

  • Public District Grades KG-5

school-card-donut-927771
3
/10

  • John W. Mack Elementary

  • 3020 S Catalina St

  • 0.56 miles

  • Public District Grades KG-5

school-card-donut-927772
4
/10

  • Magnolia Avenue Elementary School

  • 1626 Orchard Ave

  • 0.66 miles

  • Public District Grades PK-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $41,667. The most common annual income of people living in Los Angeles, CA is between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1431 W 24th St

What is the listing price of this property?

The listing price of 1431 W 24th St property is $1,795,000.

What type of property is this?

The property 1431 W 24th St is a house located in Los Angeles, California, 90007.

Is this property for sale now?

Active Listing: 1431 W 24th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $6,908 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on February 11, 2015 for $540,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1431 W 24th St has 16 bedrooms and 8 bathrooms.

What is the square footage of this property?

The property 1431 W 24th St is 4,320 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1431 W 24th St is 1913.

Rocket Homes›California›Los Angeles County›Los Angeles›90007›1431 W 24th St

This home is located at 1431 W 24th St in Los Angeles, CA and zip code 90007 in the South LA neighborhood. This 4,320 square foot home, which was built in 1913, sits on a 0.07 acre lot. Features: 16 bedrooms, 8 bathrooms. It has been listed on Rocket Homes since July 02, 2024 and is currently priced at $1,795,000.

In November 2024, from all listings sold in Los Angeles, CA there were more than 512 sold above asking price, over 657 sold below and more than 177 were sold right at the asked price. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 38 days, the median list price was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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