27 days on rocket

1616 W 24th St, Los Angeles, CA, 90007

$799,000

Home List Price

$9,488*

Closing Credit

2 Bedrooms
1 Full Bath
1,072 SqFt
$745/SqFt
House

Location

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1616 W 24th St, Los Angeles$799,000

Buyer Closing Credits

$9,488*

1.25% Loan Amount

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Property Highlights

Home TypeSingle Family Residence
ParkingNone
Year Built1906
HeatingWall Furnace
FireplaceNone
ViewNone
MLS #24456179
Lot Size0.06 Acres
StatusActive

About 1616 W 24th St

Spectacular location move-in ready home located within walking distance of the University of Southern California (USC) & USC Village. This charming home has 2 bedrooms + 1 bath which was updated with fresh paint throughout, featuring hardwood floors, all kitchen appliances included, washer/dryer, and tiled shower with glass enclosure. This home comes with RTI plans for an ADU with a separate address and separate entries. Plans are ready to use for the addition of a second unit of a 533 square feet with 2 bedrooms and 1 bathroom. The RTI plans also include the addition of a bathroom to the main house. Plans are approved and stamped. Ideal for faculty, staff, or anyone seeking access to campus amenities. Ideal for USC student rental housing. Currently rented to students for $3,200 a month and delivered vacant at close of escrow. Take advantage of the plans and increase income by another $3,00 a month. Located within the Adams-Normandie HPOZ where the neighbors' pride of ownership shows there is a community within. Minutes to DTLA, L.A. Live, LA Coliseum, USC Village, BMO Stadium, Trader Joes, Expo Park, Natural History Museum, the soon to open Lucas Museum of Narrative Art and the 10/110 freeway.

Property Details

Property Features

Property Information:

  • Year Built: 1906
  • Stories: 1
  • Living Area: 1,072 SqFt

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 777-6200
  • Listing Agent: Danny Mahelka

Interior Features

Interior Information:

  • Appliances: Disposal, Refrigerator, Dryer, Washer
  • Flooring Type: Tile, Wood
  • Fireplace: None

Bedroom and Bathroom Information:

  • Full Bathrooms: 1
  • Total Bedroom Count: 2

Exterior Features

Exterior Information:

  • Private Pool: No
  • View: None

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: North of W Adams Blvd, East of S Western Ave, South of Pico, West S Vermont Ave.

Price Information

Listing Price Info

Price Summary:

  • List Price: $799,000
  • Price Per SqFt: $745/SqFt

Tax Information:

  • Annual Amount: $3,341
  • 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

1542

1616 W 24th St vs Los Angeles

27 DAYS ON ROCKET

-11 Days

$799,000

-$224.4K Less

$745/SqFt

+$104 More

KEY TAKEAWAY

This property is $224.4K less than the Median Sold Price and $104/SqFt more 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: #24456179

Listing Office:

  • Office Name: Coldwell Banker Realty
  • Office Phone: (310) 777-6200
  • Listing Agent: Danny Mahelka

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: 11/22/2024, 4:20:50 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

May 12, 2010Home Sold
$225,000
Jul 06, 2006Home Sold
$450,000
Jun 18, 1993Home Sold
$82,000

Tax History

YEARPROP. TAXASSESSMENT
2021$3,341$268,304
2020$3,242$265,554
2019$3,184$260,348
2018$3,117$255,245
2017$3,117$250,242

History based on county public records data.

Payment Calculator

$4,055

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,462

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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-521488
6
/10

  • Vermont Avenue Elementary

  • 1435 W 27th St

  • 0.38 miles

  • Public District Grades KG-5

school-card-donut-521489
3
/10

  • John W. Mack Elementary

  • 3020 S Catalina St

  • 0.59 miles

  • Public District Grades KG-5

school-card-donut-521490
3
/10

  • STEM Preparatory Elementary School

  • 1374 W 35th St

  • 0.70 miles

  • Public Charter Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $47,054. Typical income of Los Angeles, CA residents is less than $35k annually. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1616 W 24th St

What is the listing price of this property?

The listing price of 1616 W 24th St property is $799,000.

What type of property is this?

The property 1616 W 24th St is a house located in Los Angeles, California, 90007.

Is this property for sale now?

Active Listing: 1616 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 $3,341 (source: MLS/based on county public records data).

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

The last sale was on May 12, 2010 for $225,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 1616 W 24th St has 2 bedrooms and 1 bathroom.

What is the square footage of this property?

The property 1616 W 24th St is 1,072 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1616 W 24th St is 1906.

Rocket Homes›California›Los Angeles County›Los Angeles›90007›1616 W 24th St

This home is located at 1616 W 24th St in Los Angeles, CA and zip code 90007 in the South LA neighborhood. This 1,072 square foot home, which was built in 1906, sits on a 0.06 acre lot. Features: 2 bedrooms, 1 bathroom. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $799,000.

While more than 598 listings in Los Angeles, CA in October 2024 were sold above asking price, there were more than 191 listings sold at asking price, and more than 753 were sold below. The number of homes for sale in Los Angeles, CA increased by 11.2% between September 2024 and October 2024. Listings spent 38 days on the market in October 2024, and had a median list price of $1,023,474 during the same period.

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

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