Active

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 : Residential Income

Price : $2,138,000

AD Id : 87354253

MLS Id : AR26142196

Lot Size : 5,873 Sqft

Living Area Size : 3,167

Year Built : 1956

County : Los Angeles

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Map

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Feature Features

  • Water/Sewer

    Water Source: Other Sewer: Unknown

  • Building Information

    Year Built: 1956 Building Area Total: 3,167
  • Pool Features

    None

    Laundry Features

    Inside,Stacked

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1348
  • Lot Size Source: Assessor Lot Size Square Feet: 5873

  • Listing Price Information

    Original List Price: 2,138,000 Listing Contract Date: 2026-06-30
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5055017002

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C16 - Mid Los Angeles Directions: 1213-1215 W. 24th St, 90007 Source Property Type: Residential Income Area: C16 - Mid Los Angeles Property SubType: Apartment
  • Building and Construction

    Property Age: 70 Common Walls: 1 Common Wall Structure Type: Apartment Year Built Source: Assessor Entry Level: 1 Entry Location: front Property Attached: Yes
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2200 E 105th, Los Angeles, CA, 90007 $629,900 3 2 2,001 2,001 SqFt
225 W Adams Boulevard, Los Angeles, CA, 90007 $1,775,000 -- -- 8,540 8,540 SqFt
1978 Bonsallo Avenue, Los Angeles, CA, 90007 $1,599,800 7 -- 3,456 3,456 SqFt
2119 S Union Avenue, Los Angeles, CA, 90007 $1,525,000 15 -- 6,671 6,671 SqFt
1017 W 24th Street, Los Angeles, CA, 90007 $1,220,000 4 -- 3,104 3,104 SqFt
1016 W 24th, Los Angeles, CA, 90007 $1,800,000 -- -- 8,563 8,563 SqFt
721 W 30th Street, Los Angeles, CA, 90007 $7,100,000 25 -- 12,928 12,928 SqFt
716 W 30th Street, Los Angeles, CA, 90007 $2,608,888 15 -- 5,615 5,615 SqFt
1276 W 22nd St, Los Angeles, CA, 90007 $1,290,000 -- -- --
1236 W 24th, Los Angeles, CA, 90007 $899,000 7 4 1,850 1,850 SqFt

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ByOwner last updated this listing 07/03/2026 @ 21:06

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

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