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Backup Offers

1857 W 24th St, Los Angeles, CA, 90018

$975,000

Home List Price

$10,000*

Closing Credit

0 Baths
Multi

Location

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1857 W 24th St, Los Angeles$975,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingAssigned
Year Built1962
HeatingWall Furnace
MLS #OC24219789
Lot Size0.15 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 1857 W 24th St

This well-maintained quadruplex features three occupied units, each generating $1,300/month, with a 4% rent increase coming in February 2025. Unit 1 is vacant, recently renovated with a kitchen, fridge, AC upgrade, and 7 parking spots in total. The other units have long-term tenants and reliable income. The property recently passed a city inspection, with all issues addressed. Each 650 sq. ft.(Approx) unit has the same spacious layout. Tenants pay for all utilities except water. All four water heaters have been replaced in the last two years. Dedicated parking for each unit. Great investment potential!

Property Details

Property Features

Property Information:

  • Year Built: 1962
  • Stories: 2

Listing Office:

  • Office Name: The Oppenheim Group
  • Office Email: Reza@ogroup.com
  • Listing Agent: Reza Shirangi

Exterior Features

Exterior Information:

  • Private Pool: No

Parking Information:

  • Parking: Assigned

Lot Features

Lot Information:

  • Lot Size: 0.15 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace

Other

Directions Information:

  • Directions: Normandie Ave and Western Street

Price Information

Listing Price Info

Price Summary:

  • List Price: $975,000

Tax Information:

  • Annual Amount: $11,221
  • 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

1857 W 24th St vs Los Angeles

57 DAYS ON ROCKET

+19 Days

$975,000

-$46.5K Less

KEY TAKEAWAY

This property is $46.5K less than the Median Sold Price in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #OC24219789

Listing Office:

  • Office Name: The Oppenheim Group
  • Office Email: Reza@ogroup.com
  • Listing Agent: Reza Shirangi

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: 12/21/2024, 11:20:58 PM 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 08, 2018Home Sold
$870,000

Tax History

YEARPROP. TAXASSESSMENT
2021$11,221$914,524
2020$10,891$905,148
2019$7,299$887,400
2018$7,146$586,055
2017$7,146$574,564

History based on county public records data.

Payment Calculator

$4,934

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,990

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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-819410
7
/10

  • 24th Street Elementary School

  • 2055 W 24th St

  • 0.33 miles

  • Public District Grades KG-4

school-card-donut-819411
6
/10

  • Vermont Avenue Elementary

  • 1435 W 27th St

  • 0.74 miles

  • Public District Grades KG-5

school-card-donut-819412
6
/10

  • Mid-City's Prescott School of Enriched Sciences

  • 3150 W Adams Blvd

  • 0.78 miles

  • Public District Grades 1-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $24,521. The most common annual income of people living in Los Angeles, CA is less than $35k. The majority of families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Rocket Homes›California›Los Angeles County›Los Angeles›90018›1857 W 24th St

This home is located at 1857 W 24th St in Los Angeles, CA and zip code 90018 in the South LA neighborhood. This home, which was built in 1962, sits on a 0.15 acre lot. It has been listed on Rocket Homes since October 25, 2024 and is currently priced at $975,000.

In November 2024 more than 512 listings in Los Angeles, CA were sold above the asking price. During the same period more than 177 listings were sold at asking price, while more than 657 were sold below. The number of homes for sale in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

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

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