1616 W 24th Street, Los Angeles, CA 90007
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1616 W 24th Street,Los Angeles, CA 90007
$749,000
- 2 Beds
- 1 Baths
- 1,072 sq. ft.
- Single family
- Active
Listed by:danny mahelka
Office:coldwell banker realty
MLS#:CL25556075
Source:CA_BRIDGEMLS
Price summary
- Price:$749,000
- Price per sq. ft.:$698.69
About this home
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.
Contact an agent
Home facts
- Year built:1906
- Listing Id #:CL25556075
- Added:155 day(s) ago
- Updated:August 15, 2025 at 02:32 PM
Rooms and interior
- Bedrooms:2
- Total bathrooms:1
- Full bathrooms:1
- Living area:1,072 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1906
- Building area:1,072 sq. ft.
- Lot area:0.06 Acres
Finances and disclosures
- Price:$749,000
- Price per sq. ft.:$698.69
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