Keegan Cin | Realtor® | License # DRE 01971604

Property

Los Angeles, CA 90007 1616 W 24th Street

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Presented By: Danny Mahelka with Coldwell Banker Realty;
  • MLS# 25510669
  • 03/12/2025
  • Request Tour
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  • Beds • 2
  • Baths • 1
  • SQFT • 1,072
  • Year Built • 1906

Home Details

All offer looked at. Prime move-in-ready home in a spectacular location, just a short walk from the University of Southern California (USC) and USC Village. Perfect for USC faculty, staff, or student rental housing, this home offers an incredible opportunity for owner user or investor. This charming 2-bedroom, 1-bathroom home features hardwood floors, a fully equipped kitchen with appliances, a washer/dryer, and a beautifully tiled shower with a glass enclosure. Separate dining room and large living room. The neighborhood showcases true pride of ownership and a strong sense of community. Conveniently located just minutes from USC, Downtown LA, L.A. Live, the L.A. Coliseum, BMO Stadium, Trader Joe's, Expo Park, the Natural History Museum, the soon-to-open Lucas Museum of Narrative Art, and easy access to the 10 and 110 freeways. LOAN PROGRAM: NO PMI with as little as 3% down, As of 05/5/25 the available rate is 5.875%, 2% of Purchase Price Credited To The Buyer, $1500 additional credit to cover processing and underwriting fees, Minimum down payment of 3%,Don't have to be a first-time homebuyer to take advantage of this program. Call for lender information. The property includes RTI-approved plans for an ADU with a separate address and private entry. Take advantage of the approved plans and generate an additional $3,000 per month in rental income for the upstairs. The plans allow for the addition of a 533-square-foot second unit with 2 bedrooms and 1 bathroom, as well as an extra bathroom in the main house. Everything is approved and ready to build! . Owner was previously renting the house for $3,200 a month. A total of $6,200+ a month makes for a great investment situated in the historic Adams-Normandie HPOZ.
Presented By: Danny Mahelka with Coldwell Banker Realty;

Interior Features for 1616 W 24th Street

Bedrooms

Total Bedrooms2

Bathrooms

Half Baths0
Total Baths1
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Common WallsNoCommonWalls
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringTile, Wood
Furnished Y/NUnfurnished
Heating Y/NYes
Laundry FeaturesInside
LivingAreaSourceAssessor
Total Stories1

General for 1616 W 24th Street

Additional Parcels Y/NNo
AppliancesDisposal, Refrigerator, Dryer, Washer
Attached Garage No
Carport Y/NNo
CityLos Angeles
Community FeaturesGated
CountyLos Angeles
DirectionsNorth of W Adams Blvd, East of S Western Ave, South of Pico, West S Vermont Ave.
Electric On Property Y/NNo
Full Baths1
Garage Y/NNo
HOANo
HeatingWallFurnace
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Lot Size Square Feet2565.0
Lot Size UnitsSquareFeet
MLS AreaC16 - Mid Los Angeles
MobileHomeRemainsYNNo
New ConstructionNo
Patio/Porch FeaturesFrontPorch
Pool FeaturesNone
Property Attached Y/NNo
Property Sub Type AdditionalSingleFamilyResidence
Property SubtypeSingleFamilyResidence
Property TypeResidential
Rent Control Y/NNo
Security FeaturesGatedCommunity
Senior Community Y/NNo
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
ViewNone
Year Built1906
ZoningLAR2

Exterior for 1616 W 24th Street

Building Area Total1072.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Dimensions65x118
Lot Size Acres0.0589
Lot Size Area2565.0
Lot Size SourceAssessor
Open Parking Y/NNo
Parking FeaturesNone
Private PoolNo
SpaNo
Total Parking0.0
Waterfront Y/NNo

Additional Details

Price History

Alexandra Eston

Sales Associate
Price $749,000
MLS#25510669
List Date 03/12/2025
Property Type Single Family
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