1213 W 24th St, Los Angeles, CA, 90007
About This Home
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!
Getting Around
Walker's Paradise
Good Transit
Very BikeableSchools
Construction
Condition
- Year built: 1956
Type & Style
- Home type: MultiFamily
- Property subType: Multi Family
Interior
Appliances
- Laundry features: Inside,Stacked
Bedrooms & Bathrooms
- Bedrooms: 10
- Bathrooms: 3
Features
- Common walls with other units/homes: 1 Common Wall
Interior Area
- Total structure area: 3,167
- Total interior livable area: 3,167 sqft
Property
Details
- Parcel number: 5055017002
- Attached to another structure: Yes
- Special condition: Standard
Features
- Entry location: front
- Pool features: None
Lot
- Lot size: 5,873 sqft
- Features: Front Yard
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Inland Flooding
- Heat Wave
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in Los Angeles County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $10,810 | $129,720 |
| Home Insurance * | $512 | $6,144 |
| Property Taxes | $2,137 | $25,644 |
| Electricity | $679 | $8,149 |
| Total | $14,138 | $169,656 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-30 | Price change | $2,138,000 |
| 2023-04-17 | Pending sale | $1,950,000 |
| 2023-04-13 | Sold | $1,815,000 |
| 2023-03-06 | Listed for sale | $1,950,000 |
| 2022-11-03 | Listed for rent | $3,900 |
| 2022-10-26 | Listing removed | -- |
| 2022-10-04 | Listed for rent | $3,900 |
| 2021-07-04 | Listing removed | -- |
| 2021-06-15 | Listed for rent | $3,600 |
| 2020-12-17 | Sold | $800,000 |
| 2020-11-11 | Pending sale | $840,000 |
| 2020-10-18 | Listed for sale | $840,000 |
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