#AR25049725, Gina Ma, Listing office: IRN Realty
1213 W 24th St Los Angeles, CA 90007
Property details
About 1213 W 24th St
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!
Highlights
Summary
- Private Pool: No
- List Price: $2,190,000
- Annual Tax Amount: $22,620
- Tax Year: 2024
- Lot: Front Yard
- Directions: 1213-1215 W. 24th St, 90007
- Year Built: 1956
- Stories: 1
- Lot Size: 0.1348 Acres
- MLS Number: AR25158175
- MLS Name: CRMLS
- Office Name: IRN Realty
- Office Phone: (626) 215-5788
- Listing Agent: Gina Ma
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.
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Last updated on: 7/16/2025, 3:45:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
Date | Event | Price |
---|---|---|
Apr 13, 2023 | Home Sold | $1,815,000 |
Dec 17, 2020 | Home Sold | $800,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $1,851,300 | $22,620 |
2023 | $832,320 | $10,397 |
2022 | $816,000 | $9,923 |
2021 | $800,000 | $9,795 |
2020 | $177,782 | $2,355 |
2019 | $174,297 | $2,223 |
2018 | $170,880 | $2,179 |
2017 | $167,530 | $2,179 |
History based on county public records data.
Nearby schools
6
Vermont Avenue Elementary
Public District KG-5
0.4 mi
•1435 W 27th St
5
Norwood Street Elementary School
Public District KG-5
0.5 mi
•2020 Oak St
4
Magnolia Avenue Elementary School
Public District PK-5
0.6 mi
•1626 Orchard Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $36,717. Most Los Angeles, CA residents have annual incomes less than $<35k. The majority of families are single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
About 1213 W 24th St
The listing price of 1213 W 24th St property is $2,190,000.
The property 1213 W 24th St is a condo located in Los Angeles, California, 90007.
Active Listing: 1213 W 24th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1213 W 24th St are: Vermont Avenue Elementary (GreatSchools Rating 6/10), Norwood Street Elementary School (GreatSchools Rating 5/10), Magnolia Avenue Elementary School (GreatSchools Rating 4/10), Downtown Value (GreatSchools Rating 4/10), Camino Nuevo Elementary #3 (GreatSchools Rating 4/10), Berendo Middle School (GreatSchools Rating 4/10), Alliance Gertz-Ressler Richard Merkin 6-12 Complex (GreatSchools Rating 6/10), West Adams Preparatory High School (GreatSchools Rating 3/10), New Designs Charter (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $22,620 (source: MLS/based on county public records data).
The last sale was on April 13, 2023 for $1,815,000 (source: MLS/tax record).
The property at 1213 W 24th St has 0 bathroom.
The year of construction for 1213 W 24th St is 1956.
This home is located at 1213 W 24th St in Los Angeles, CA and zip code 90007 in the University Park neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since July 16, 2025 and is currently priced at $2,190,000.
In June 2025, from all listings sold in Los Angeles, CA there were more than 282 sold above asking price, over 339 sold below and more than 108 were sold right at the asked price. The inventory of homes for sale in Los Angeles, CA between May and June 2025 increased by 9%. The median list price of listings available in June 2025 was $876,067, while the average time on the real estate market was 34 days.