1213 W 24th Street, Los Angeles, CA 90007
Local realty services provided by:ERA North Orange County Real Estate
1213 W 24th Street,Los Angeles, CA 90007
$2,190,000
- - Beds
- - Baths
- 3,167 sq. ft.
- Multi-family
- Active
Listed by:gina ma
Office:irn realty
MLS#:AR25158175
Source:CRMLS
Price summary
- Price:$2,190,000
- Price per sq. ft.:$691.51
About this home
The Best Location Location Location for Value-add USC off Campus Ten (10) bedroom + Ten (10) bathroom Student Housing investment opportunity, located in highly Desirable USC DPS Safety Patrol Zone. 100% Fully occupied by USC students Combined with parental guarantees on leases. The property is currently master leased to a reputable Property Management company until July 31, 2026. Managing Company is Currently collecting gross rents of around $15,170/month. Highly demanding...easy access to all USC's landmarks, academic buildings, and entertainment options. Zoning LAR4, more potential. The subject property is composed of two (2) separate buildings, with two (2) 3-bedroom + 3-bathroom units in the front - 1213 - 1215 W. 24th St, and a 4-bedroom + 4-bathroom brand-new ADU in the back - 1213 1/2 W 24th St. The property's front unit was updated and remodeled in 2021, and features brand new flooring, brand new plumbing/electrical, updated roof, quartz countertops, stainless steel kitchen appliances, new bath rooms, tiled showers with glass enclosures, and new in-unit washer & dryers. The back unit is a brand-new ADU recently constructed and completed in 2021 and features the same high-end finishes as the front unit, essentially delivering a brand new low maintenance properties to any buyer. The investment boasts spacious floor plans, secured gated entry, and on-site laundry. The property is approximately 3167 s.f., 5873 s.f. lot. This property has charming turn of the century details that you will adore. The asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. Don't miss!
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Home facts
- Year built:1956
- Listing ID #:AR25158175
- Added:59 day(s) ago
- Updated:September 13, 2025 at 01:23 PM
Rooms and interior
- Living area:3,167 sq. ft.
Structure and exterior
- Year built:1956
- Building area:3,167 sq. ft.
- Lot area:0.13 Acres
Finances and disclosures
- Price:$2,190,000
- Price per sq. ft.:$691.51
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