Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
2 Beds
1 Bath
1,072 sqft

$749,000

1616 W 24th Street, Los Angeles CA, 90007

Price per sqft$698.69
Built in1906
Property size1,072 sqft
Property typeResidential
test courtesy

Overview

Active

Listed Jun 23, 2025

Updated Apr 10

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.

$4,983/mo

Est. mortgage payment based on a $749,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
25556075

Interior Features

Bedrooms
2
Bathrooms
1

Exterior Features

Lot Size
0.06 Acres

Other Property Details

55+/Senior Community
No
MLS provider logo

Broker Reciprocity Courtesy of Coldwell Banker Realty, Danny Mahelka

Website E2E - Playwright - Full Name

- Phone Number

[email protected] - Email

Jim Halpert - Brokerage Name

76321 - MLS License Number

 

Data last updated 5:18 AM UTC, 4/10/2026

 

Based on information from California Regional Multiple Listing Service, Inc. as of 4/10/2026. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

 

©2026  CA - California Regional Multiple Listing Service, Inc. (CRMLS). All rights reserved.

Powered by Luxury Presence