1213 W 24th St

$2,138,000
Price
10
Beds
10
Baths
3,167 Sq. Ft.
$675 / Sq. Ft.
3,167
Sq. Ft.
$675
per Sq. Ft.

Description

The Best Location Location Location for Value-add USC off Campus Ten (10) bedroom + Ten (10) bathroom Student Housing investment opportunity, located in highly Desirable USC DPS Safety Patrol Zone. 100% Fully occupied by USC students Combined with parental guarantees on leases. The property is currently master leased to a reputable Property Management company until July 31, 2026. Managing Company is Currently collecting gross rents of around $15,170/month. Highly demanding...easy access to all USC's...The Best Location Location Location for Value-add USC off Campus Ten (10) bedroom + Ten (10) bathroom Student Housing investment opportunity, located in highly Desirable USC DPS Safety Patrol Zone. 100% Fully occupied by USC students Combined with parental guarantees on leases. The property is currently master leased to a reputable Property Management company until July 31, 2026. Managing Company is Currently collecting gross rents of around $15,170/month. Highly demanding...easy access to all USC's landmarks, academic buildings, and entertainment options. Zoning LAR4, more potential. The subject property is composed of two (2) separate buildings, with two (2) 3-bedroom + 3-bathroom units in the front - 1213 - 1215 W. 24th St, and a 4-bedroom + 4-bathroom brand-new ADU in the back - 1213 1/2 W 24th St. The property's front unit was updated and remodeled in 2021, and features brand new flooring, brand new plumbing/electrical, updated roof, quartz countertops, stainless steel kitchen appliances, new bath rooms, tiled showers with glass enclosures, and new in-unit washer & dryers. The back unit is a brand-new ADU recently constructed and completed in 2021 and features the same high-end finishes as the front unit, essentially delivering a brand new low maintenance properties to any buyer. The investment boasts spacious floor plans, secured gated entry, and on-site laundry. The property is approximately 3167 s.f., 5873 s.f. lot. This property has charming turn of the century details that you will adore. The asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. Don't miss!
  1. Listed by Gina Ma • DRE #01426061 • Brokerage DRE #01983717 • IRN Realty • 626-215-5788

Property Details for 1213 West 24th Street

Parking Spaces Total
0
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3167
Assessor Parcel Number
5055-017-002
Property Attached YN
true
LISTING UPDATED: 11/24/2025 01:06 AM

Property Details for 1213 West 24th Street

StatusActive
MLS #AR25158175
Days on Market158
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1956
CountyLos Angeles County

Location

Listing Courtesy of IRN Realty, Gina Ma, DRE #01426061
Add your commute

Building Information for 1213 West 24th Street

Building/Complex1213 W 24th StFloor-Stories1Residences-Pet Policy-Pet Policy Details-Year Built1956Building Size-

Payment Calculator

$12,468 per month

30 year fixed, 6.28% Interest

Principal and Interest

$10,565

Property Taxes

$1,903

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1213 West 24th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $182,040
  • Gross Scheduled Income: $182,040
  • Net Operating Income: $177,040
Expense Details
  • Operating Expense: $5,000
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $4,000
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $5,000
Tax / Assessment Info
  • Tax Block: 8
  • Tax Tract Number: 2217.10
  • Tax Census Tract: 2217.10
  • CFD/Mello-Roos Fee: $414
  • Tax Lot: 3
Community / Development
Community / Development
  • Community Features: Curbs
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: front
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: Front Yard
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Water: Other
  • Sewer: Unknown
  • Water Source: Other
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 4
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $5,992
  • Unit Type Total Rent: $5,992
  • Unit Type Pro Forma: 6600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $4,564
  • Unit Type Total Rent: $4,564
  • Unit Type Pro Forma: 5000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 3
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $4,614
  • Unit Type Total Rent: $4,614
  • Unit Type Pro Forma: 5000
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 1213 West 24th Street

DateEvent & SourcePriceAppreciation
Oct 23, 2025

Price Change

CLAW #AR25158175MR

$2,138,000—
Oct 23, 2025

Price Change

CRMLS #AR25158175

$2,138,000—
Oct 22, 2025

Price Change

SDMLS #AR25158175

$2,138,000—
Jul 15, 2025

Listed (Active)

CLAW #AR25158175MR

$2,190,000—
Jul 15, 2025

Listed (Active)

SDMLS #AR25158175

$2,190,000—
Jul 15, 2025

Listed (Active)

CRMLS #AR25158175

$2,190,000—
Apr 20, 2023

Sold

CLAW #23-247737

$1,815,000—
Apr 20, 2023

Sold

CRMLS #23247737

$1,815,000—
Apr 20, 2023

Sold

SDMLS #23-247737

$1,815,000—
Apr 17, 2023

Pending

CRMLS #23247737

—
Apr 17, 2023

Pending

SDMLS #23-247737

—
Apr 17, 2023

Pending

CLAW #23-247737

—
Apr 5, 2023

Sold (Public Record)

Public Record #1508858779

$1,815,000—
Mar 5, 2023

Listed (Active)

CLAW #23-247737

$1,950,000—
Mar 5, 2023

Listed (Active)

CRMLS #23247737

$1,950,000—
Mar 5, 2023

Listed (Active)

SDMLS #23-247737

$1,950,000—
Dec 18, 2020

Hold

SDMLS #TR20220078

—
Dec 17, 2020

Sold

CLAW #TR20220078MR

$800,000—
Dec 17, 2020

Sold

CRMLS #TR20220078

$800,000—
Dec 17, 2020

Sold

SDMLS #TR20220078

$800,000—
Nov 10, 2020

Pending

CRMLS #TR20220078

—
Nov 10, 2020

Pending

SDMLS #TR20220078

—
Nov 10, 2020

Pending

CLAW #TR20220078MR

—
Oct 18, 2020

Listed (Active)

SDMLS #TR20220078

$840,000—
Oct 18, 2020

Listed (Active)

CLAW #TR20220078MR

$840,000—
Oct 18, 2020

Listed (Active)

CRMLS #TR20220078

$840,000—
DateEvent & SourcePrice
10/23/2025

Price Change

CLAW #AR25158175MR

$2,138,000
10/23/2025

Price Change

CRMLS #AR25158175

$2,138,000
10/22/2025

Price Change

SDMLS #AR25158175

$2,138,000
07/15/2025

Listed (Active)

CLAW #AR25158175MR

$2,190,000
07/15/2025

Listed (Active)

SDMLS #AR25158175

$2,190,000
07/15/2025

Listed (Active)

CRMLS #AR25158175

$2,190,000
04/20/2023

Sold

CLAW #23-247737

$1,815,000
04/20/2023

Sold

CRMLS #23247737

$1,815,000
04/20/2023

Sold

SDMLS #23-247737

$1,815,000
04/17/2023

Pending

CRMLS #23247737

—
04/17/2023

Pending

SDMLS #23-247737

—
04/17/2023

Pending

CLAW #23-247737

—
04/05/2023

Sold (Public Record)

Public Record #1508858779

$1,815,000
03/05/2023

Listed (Active)

CLAW #23-247737

$1,950,000
03/05/2023

Listed (Active)

CRMLS #23247737

$1,950,000
03/05/2023

Listed (Active)

SDMLS #23-247737

$1,950,000
12/18/2020

Hold

SDMLS #TR20220078

—
12/17/2020

Sold

CLAW #TR20220078MR

$800,000
12/17/2020

Sold

CRMLS #TR20220078

$800,000
12/17/2020

Sold

SDMLS #TR20220078

$800,000
11/10/2020

Pending

CRMLS #TR20220078

—
11/10/2020

Pending

SDMLS #TR20220078

—
11/10/2020

Pending

CLAW #TR20220078MR

—
10/18/2020

Listed (Active)

SDMLS #TR20220078

$840,000
10/18/2020

Listed (Active)

CLAW #TR20220078MR

$840,000
10/18/2020

Listed (Active)

CRMLS #TR20220078

$840,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1213 West 24th Street

Taxable ValueLand$1,352,520Additions$535,806Total$1,888,326
Tax Record2025$22,842 ($1,903 / month)
Home Facts
Total Finished SqFt2,104 SqFtAbove Grade Finished SqFt2,104 SqFtLot Size5,871 SqFtStyleDuplexYear Built1956ZoningLAR4CountyLOS ANGELESAPN5055-017-002

Schools near 1213 West 24th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 12
Rating
School
Distance
Norwood Street Elementary School
PublicK to 5

John Adams Middle School
Public6 to 8

West Adams Preparatory High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

1213 West 24th Street is a multi-family home for sale in Los Angeles, CA 90007. This property was listed for sale on July 15, 2025 by IRN Realty, it's currently listed at $2,138,000. It has been on the market for a total of 158 days and was last sold on April 20, 2023. This listing's school district is Los Angeles Unified School District. Nearby schools include Norwood Street Elementary School, John Adams Middle School and West Adams Preparatory High School. 1213 West 24th Street is a 10-bed, 10-bath, 3,167 sqft multi-family home built in 1956.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of IRN Realty, Gina Ma, DRE #01426061

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.