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$749,000

Est. payment - /mo

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2 Beds

1 Bath

1,072 SqFt

New

1616 W 24th St Los Angeles, CA 90007

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Lisa Manczuk

Simply Vegas Real Estate

ltsailv@gmail.com +1(702) 927-4046

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 1,072 sqft

Price per Sqft $698

MLS Listing ID 25556075

Style California Bungalow

Bedrooms 2

Full Baths 1

HOA Y/N No

Year Built 1906

Lot Size 2,565 Sqft

Acres 0.0589

Property Sub-Type Single Family Residence

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.

Location

State CA

County Los Angeles

Area Mid Los Angeles

Zoning LAR2

Rooms

Family Room 1

Other Rooms None

Dining Room 1

Interior

Heating Wall

Cooling Other

Flooring Wood, Tile

Fireplaces Type None

Equipment Range/Oven, Refrigerator, Garbage Disposal, Washer, Dryer

Laundry Laundry Area, In Unit

Exterior

Parking Features On street, Public

Pool None

View Y/N Yes

View Other

Building

Story 1

Architectural Style California Bungalow

Level or Stories One

Others

Special Listing Condition Standard

The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2025 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by Coldwell Banker Realty

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Lisa Manczuk

Agent | RE.S.0180264

+1(702) 927-4046

1616 W 24th St Los Angeles, CA 90007

Lisa Manczuk

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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1616 W 24th St