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1616 W 24th Street

Los Angeles (City), CA 90007
  • $749,000
  • STATUS: Active
  • ON SITE: 147 Days
  • ID#: 25556075
UPDATED: 94 min ago
$749,000
  • 2
    BEDS
  • 0.06
    ACRES
  • 1
    BATHS
  • 0
    1/2 BATHS
  • 1,072
    SQFT
  • $699
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1906
County:

School Ratings & Info

Listing Agent(s): Danny Mahelka of Coldwell Banker Realty (310-777-6200)


Description

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.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-11-18T00:27:22.73. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/165203360
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1616 W 24th Street Los Angeles (City), CA 90007

  • Price: $749,000
  • Status: Active
  • On Site: 147 Days
  • Updated: 94 min ago
  • ID#: 25556075
2
Beds
1
Baths
0
½ Baths
0.06
Acres
1,072
SQFT
$699
$/SQFT
1906
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
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.
Exterior Features

Parking Features PublicOn Street Parking Total 0 Pool Features None Pool Private YN No Property Attached YN No Sign On Property YN Yes Spa Features None Spa YN No View YN Yes

Interior Features

Appliances DisposalRefrigeratorDryerWasher Common Walls No Common Walls Fireplace Features None Fireplace YN No Flooring TileWood Furnished Unfurnished Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service New Construction YN No Property Sub Type Single Family Residence Senior Community YN No Special Listing Conditions Standard Zoning LAR2



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-11-18T00:27:22.73. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_374633260-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_374633260-2.jpg https://bt-photos.global.ssl.fastly.net/socal/orig_boomver_1_374633260-2.jpg
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Danny Mahelka of Coldwell Banker Realty (310-777-6200)