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1213 W 24th

Los Angeles, CA 90007
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Bed 0

Bed

Bath 0

Bath

SqFt3,167

Sqft

SqFt5,873

Sqft(Lot)

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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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,138,000

AD Id : 87354253

MLS Id : AR26142196

Lot Size : 5,873 Sq. Ft

Living Area Size : 3,167 Sq. Ft

Year Built : 1956

County : Los Angeles

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Feature Features

  • Building Information

    Year Built: 1956
    Building Area Total: 3167
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 5873 Lot Size Acres: 0.1348 Lot Size Source: Assessor Lot Size Square Feet: 5,873 Lot Description: Front Yard

  • Listing Price Information

    Listing Price: $2138000
    Cash, Cash to New Loan, Conventional, 1031 Exchange

  • Tax Information

    Parcel Number: 5055017002 Tax Lot: 3 Tax Block: 8

  • Location Information

    Direction: 1213-1215 W. 24th St, 90007 WaterSource: Other
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
225 W Adams Boulevard, Los Angeles, CA, 90007 $1,775,000 -- 16 8,540 12,295 Sq. Ft
1943 Estrella Avenue, Los Angeles, CA, 90007 $1,250,000 8 4 5,458 0.14 Acre
920 W 20th Street, Los Angeles, CA, 90007 $1,095,000 7 5 3,946 6,377 Sq. Ft
1011 W 20th, Los Angeles, CA, 90007 $1,350,000 7 4 2,511 5,916 Sq. Ft
1030 W 20th Street, Los Angeles, CA, 90007 $975,000 5 2 2,001 5,930 Sq. Ft
1030 W 20th Street, Los Angeles, CA, 90007 $975,000 5 2 2,001 5,930 Sq. Ft
2127 Portland Street, Los Angeles, CA, 90007 $1,600,000 11 11 3,715 6,152 Sq. Ft
1017 W 24th Street, Los Angeles, CA, 90007 $1,220,000 4 -- 3,104 6,065 Sq. Ft
1125 W 22nd Street, Los Angeles, CA, 90007 $800,000 3 2 1,872 5,500 Sq. Ft
721 W 30th Street, Los Angeles, CA, 90007 $6,950,000 25 23 12,928 11,795 Sq. Ft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/10/2026 @ 06:34

MLS: AR26142196 LISTED BY: Gina Ma, IRN Realty 626-447-5100 SOURCE: CRMLS

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