1616 W 24Th Street, Los Angeles, CA 90007
-
Listed Price :
$849,000
-
Beds :
2
-
Baths :
1
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Property Size :
1,072 sqft
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Year Built :
1906
Property Description
Welcome to this charming Victorian home located at 1616 W 24th St in the heart of Los Angeles. This 2-bedroom, 1-bathroom gem includes a spacious upstairs bonus room with an additional bathroom--perfect for a home office, guest suite, or extra family space. The property comes RTI (Ready to Issue) with approved plans and permits to build an ADU, offering fantastic expansion potential. Located within close proximity to USC and the vibrant USC Village, this home is ideal for faculty, staff, or anyone seeking convenient access to campus amenities. Investors will also appreciate its prime location, making it an attractive rental option for students. The home features beautiful hardwood floors, updated kitchen appliances, an in-unit washer and dryer, and stylish tiled showers with glass enclosures. The existing 1,072 square feet of living space is currently rented to USC students, generating a steady income of $3,200 per month. With the approved ADU plans, the property could be transformed into a 4-bedroom, 2-bathroom residence, boosting the projected rental income to approximately $6,000 per month. Outside, you'll find a delightful Victorian-style front porch and fully fenced front and back yards, offering both curb appeal and privacy. This is a rare opportunity in a highly sought-after area--whether for personal use or as an investment, the possibilities are endless. The property can be delivered fully vacant or occupied, depending on buyer's preference.
Interior Features
| Bedroom Information |
| Bedrooms |
2 |
| Bathroom Information |
| Bathrooms |
1 |
| Flooring Information |
| Material |
Wood |
| Interior Information |
| Features |
Ceiling Fan(s) |
Listing Information
| Address |
1616 W 24Th Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90007 |
| County |
Los Angeles |
| Listing Agent |
Zachary Tucker DRE #02223521 |
| Courtesy Of |
Coldwell Banker Realty |
| List Price |
$849,000 |
| Status |
Active |
| Type |
Residential |
| Subtype |
Single Family Residence |
| Structure Size |
1,072 |
| Lot Size |
2,565 |
| Year Built |
1906 |
Listing information courtesy of: Zachary Tucker, Coldwell Banker Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 18th, 2024 at 12:12 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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. Properties may or may not be listed by the office/agent presenting the information.
