OPEN SUN 1PM - 4PM
$10K PRICE DROP
1616 W 24th St Los Angeles, CA 90007
Adams-Normandie NeighborhoodEstimated payment $4,473/month
Total Views
248,243
2
Beds
1
Bath
1,072
Sq Ft
$699
Price per Sq Ft
Highlights
- Wood Flooring
- Front Porch
- Bungalow
- No HOA
- Laundry Room
- Dining Room
About This Home
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. 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.
Open House Schedule
-
Sunday, April 27, 20251:00 to 4:00 pm4/27/2025 1:00:00 PM +00:004/27/2025 4:00:00 PM +00:00Add to Calendar
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $3,614
Year Built
- Built in 1906
Lot Details
- 2,565 Sq Ft Lot
- Lot Dimensions are 65x118
- Gated Home
- Property is zoned LAR2
Home Design
- Bungalow
Interior Spaces
- 1,072 Sq Ft Home
- 1-Story Property
- Family Room on Second Floor
- Dining Room
Kitchen
- Oven or Range
- Disposal
Flooring
- Wood
- Tile
Bedrooms and Bathrooms
- 2 Bedrooms
- 1 Full Bathroom
Laundry
- Laundry Room
- Dryer
- Washer
Additional Features
- Front Porch
- Heating System Mounted To A Wall or Window
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 5054-003-007
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $3,614 | $284,723 | $227,783 | $56,940 |
| 2023 | $3,549 | $279,141 | $223,317 | $55,824 |
| 2022 | $3,390 | $273,669 | $218,939 | $54,730 |
| 2021 | $3,341 | $268,304 | $214,647 | $53,657 |
| 2020 | $3,371 | $265,554 | $212,447 | $53,107 |
| 2019 | $3,242 | $260,348 | $208,282 | $52,066 |
| 2018 | $3,184 | $255,245 | $204,199 | $51,046 |
| 2016 | $3,039 | $245,336 | $196,271 | $49,065 |
| 2015 | $2,995 | $241,651 | $193,323 | $48,328 |
| 2014 | $3,014 | $236,919 | $189,537 | $47,382 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/11/2025 04/11/25 | Price Changed | $749,000 | -1.3% | $699 / Sq Ft |
| 03/12/2025 03/12/25 | For Sale | $759,000 | -- | $708 / Sq Ft |
Source: The MLS
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Quit Claim Deed | -- | Landsafe Title | |
| Interfamily Deed Transfer | -- | Landsafe Title | |
| Grant Deed | $225,000 | Landsafe Title | |
| Trustee Deed | $280,000 | Landsafe Title | |
| Grant Deed | $450,000 | Stewart Title | |
| Interfamily Deed Transfer | -- | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $196,000 | New Conventional | |
| Previous Owner | $180,000 | New Conventional | |
| Previous Owner | $417,000 | Unknown | |
| Previous Owner | $96,000 | Stand Alone Second | |
| Previous Owner | $360,000 | Purchase Money Mortgage | |
| Previous Owner | $130,935 | Unknown | |
| Previous Owner | $68,368 | Unknown | |
| Previous Owner | $69,807 | Unknown |
Source: Public Records
Similar Homes in the area
Source: The MLS
MLS Number: 25510669
APN: 5054-003-007
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© 2025 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
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