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For sale
  • $749,000

    1616 W 24th St, Los Angeles, CA 90007

    2beds
    1,072sqft
    : 
    Residential, Single Family Residence
    Built in 1906
    2,565.68 Square Feet Lot
    $738,200 Zestimate®
    $699/sqft
    $-- HOA

    What's special

    Formal dining areaOriginal hardwood floorsIn-unit washer and dryerWell-appointed kitchen
    Welcome to your ideal investment or personal residence in the heart of one of LA's most sought-after neighborhoods! Just a mile from the University of Southern California (USC) and USC Village, This charming 2-bedroom, 1-bathroom. Offering an ideal blend of residential comfort and strong investment potential. Inside, you'll find an inviting layout featuring original hardwood floors, a spacious living room, formal dining area, and a well-appointed kitchen equipped with appliances and an in-unit washer and dryer. The bathroom has been updated with tasteful tile and a glass-enclosed shower, adding to the home's appeal. Situated in the Adams-Normandie Historic Preservation Overlay Zone (HPOZ), this home places you in close proximity to Downtown LA, L.A. Live, the Coliseum, BMO Stadium, Expo Park, Trader Joe's, and the future Lucas Museum of Narrative Art. Commuters will appreciate the quick access to the 10 and 110 freeways, making it easy to navigate the city. Adding to the value, the property comes with RTI (Ready-To-Issue) plans to build a 2-bedroom, 1-bathroom ADU (Accessory Dwelling Unit) with a private entrance and separate address. These plans also include a second bathroom addition to the main house, offering even more functionality. Once completed, the ADU is estimated to generate approximately $3,000 per month in rental income. The main home has previously rented for $3,200 per month, making the total potential income over $6,200 per month. Attractive financing options are also available. Loan programs available; please call to inquire. These programs are available to both first-time and repeat buyers.
    52 days
    on Zillow
    |
    606
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    38
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    Zillow last checked: 7 hours ago

    Listing updated: July 10, 2025 at 07:51am

    Listed by:

    Danny Mahelka DRE # 01170359 213-359-4097,

    Coldwell Banker Realty 310-777-6200

    Source: CLAW,MLS#: 25556075MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 1
    • Full bathrooms: 1
    Rooms
    • Room types: Living Room, Dining Room, Dining Area
    Heating
    • Wall
    Cooling
    • Other
    Appliances
    • Included: Range/Oven, Refrigerator, Disposal, Washer, Dryer
    • Laundry: Laundry Area, In Unit
    Features
    • Flooring: Wood, Tile
    • Has fireplace: No
    • Fireplace features: None
    Interior area
    • Total structure area: 1,072
    • Total interior livable area: 1,072 sqft

    Property

    Parking
    • Parking features: On Street, Public
    • Has uncovered spaces: Yes
    Features
    • Levels: One
    • Stories: 1
    • Pool features: None
    • Spa features: None
    • Has view: Yes
    • View description: Other
    Lot
    • Size: 2,565.68 Square Feet
    • Dimensions: 65 x 118
    Details
    • Additional structures: None
    • Parcel number: 5054003007
    • Zoning: LAR2
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: California Bungalow
    • Property subtype: Residential, Single Family Residence
    Condition
    • Year built: 1906

    Community & HOA

    HOA
    • Has HOA: No
    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $699/sqft
    • Tax assessed value: $284,723
    • Annual tax amount: $3,614
    • Date on market: 6/23/2025
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