NOT LISTED FOR SALE

1155 E 24th St Los Angeles, CA 90011

Historic South Central Neighborhood

Estimated Value: $998,000 - $1,287,000

7 Beds
5 Baths
4,084 Sq Ft
$277/Sq Ft Est. Value

Last Sold October 28, 2022

Last sale price $1,000,000 $245 Per Sq Ft

Est. 13% increase in value since last sale

Current estimated payment $7,002/month

63 Days on Market

About This Home

As of October 2022

This 2 building 4-unit apartment complex is located just south of Downtown LA & within the Opportunity Zone on the north side of 24th St in Historic South Central. Just moments away from all museums, LA Live & amenities in DTLA & with convenient access to major freeways or easy connection to the relaxing beaches of California via Metrolink. With an overall unit mix of two 1 bedroom 1 bath units and two 3 bedroom 1 bath units, the front building contains 3 units, and the rear building contains 1 unit. Built on a 6,500 square foot lot with a total rentable square footage of 4,084. The structures have been freshly painted and being sited in a rapidly developing area of Los Angeles, this property is a valuable find to rent out or to hold for development.

Last Agent to Sell the Property

Christopher Dawes

Christie's International Real Estate SoCal License #02130095 Listed on: 06/15/2022

Christie's International Real Estate SoCal

Co-Listed By

Kirby Gillon

Christie's International Real Estate SoCal License #01960253

Last Buyer's Agent

Brenda Jurado

Berkshire Hathaway HomeServices California Propert License #02038430

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $12,846

Year Built

  • Built in 1912

Lot Details

  • 6,500

Home Design

  • Quadruplex

Interior Spaces

  • 4,084 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 5 Bathrooms

Parking

  • 3 Car Garage
  • Driveway

Additional Features

  • 6,500 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5131-020-008

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$12,846

Year Built

Built in 1912

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: Two
  • Street Number Display: Yes
  • Living Area: 4084
  • Lot Acreage: 0.1492
  • Year Built: 1912
  • Number Of Photos: 5
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 7
  • Total Bathrooms: 5.00
  • Price Per S Q F T: 243.63

Exterior Features

  • Other Structures: None

Garage/Parking

  • Parking Garage: Driveway, Garage - 3 Car
  • Total Parking: 4

Utilities

  • Heating: Wall

Lot Info

  • Assessed Improvement Percent: 33.33
  • Assessed Improvement Value: 202072
  • Assessed Land Percent: 66.67
  • Assessed Land Value: 404144
  • Total Assessed Value: 606216
  • Assessor Parcel Number: 5131-020-008
  • Lot Size Area: 6500

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 10.77
  • Number Of Units: 4
  • Total Annual Expense: 15310
  • Type Of Units: Quadruplex
  • Vacancy Rate: 0

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2024
Sold by
Rios Cesar and La Cyc Rentals Llc
Bought by
Rios Cesar and Bustamante Candy Imelda
Current Estimated Value
$1,130,949

Purchase Details

Listed on
Mar 21, 2019
Closed on
Jun 21, 2019
Sold by
Nguyen Thong Huu
Bought by
La Rentals Llc
Seller's Agent
Zachary Krasman
Compass
Buyer's Agent
Zachary Krasman
Compass
List Price
$645,000
Sold Price
$600,000
Premium/Discount to List
-$45,000
-6.98%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
10.64%

Purchase Details

Listed on
Jul 9, 2018
Closed on
Jul 25, 2018
Sold by
Montano Santos and Montano Aurora
Bought by
Nguyen Thong Huu
Seller's Agent
Patricia LaFosse
Re/Max Champions
Buyer's Agent
Patricia LaFosse
Re/Max Champions
List Price
$595,000
Sold Price
$611,100
Premium/Discount to List
$16,100
2.71%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-1.99%
Original Mortgage
$458,300
Interest Rate
4.5%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rios Cesar -- None Listed On Document
La Rentals Llc $600,000 Fidelity National Title
Nguyen Thong Huu $611,500 Orange Coast Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Nguyen Thong Huu $458,300
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/28/2022 10/28/22 Sold $1,000,000 +0.5% $245 / Sq Ft
08/17/2022 08/17/22 Pending -- -- --
08/03/2022 08/03/22 Price Changed $995,000 -7.4% $244 / Sq Ft
06/15/2022 06/15/22 For Sale $1,075,000 +79.2% $263 / Sq Ft
07/12/2019 07/12/19 Sold $600,000 -7.0% $147 / Sq Ft View Prior Sale
06/13/2019 06/13/19 Pending -- -- --
06/13/2019 06/13/19 For Sale $645,000 +7.5% $158 / Sq Ft
06/12/2019 06/12/19 Off Market $600,000 -- --
05/21/2019 05/21/19 Price Changed $645,000 -11.5% $158 / Sq Ft
03/21/2019 03/21/19 For Sale $729,000 +19.3% $179 / Sq Ft
08/15/2018 08/15/18 Sold $611,100 0.0% $150 / Sq Ft View Prior Sale
07/18/2018 07/18/18 Off Market $611,100 -- --
07/16/2018 07/16/18 Pending -- -- --
07/09/2018 07/09/18 For Sale $595,000 -- $146 / Sq Ft
Source: The MLS

Tax History Compared to Growth

Source: Public Records

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
2025 $12,846 $1,076,160 $669,696 $406,464
2024 $12,846 $1,020,000 $612,000 $408,000
2023 $12,603 $1,000,000 $600,000 $400,000
2022 $7,807 $618,339 $412,226 $206,113
2021 $7,694 $606,216 $404,144 $202,072
2020 $7,765 $600,000 $400,000 $200,000
2019 $7,739 $611,000 $361,000 $250,000
2018 $3,221 $230,699 $65,825 $164,874
2016 $3,039 $221,743 $63,270 $158,473
2015 $3,000 $218,413 $62,320 $156,093
2014 $3,037 $214,136 $61,100 $153,036
Source: Public Records

Agents Affiliated with this Home

  • Christopher Dawes

    Seller's Agent in 2022

    Christopher Dawes

    Christie's International Real Estate SoCal

    (310) 893-8300

    1 in this area

    12 Total Sales

    Christopher Dawes
    Section Image
  • Kirby Gillon

    Seller Co-Listing Agent in 2022

    Kirby Gillon

    Christie's International Real Estate SoCal

    (310) 729-9977

    1 in this area

    71 Total Sales

    Kirby Gillon
    Section Image

  • B

    Buyer's Agent in 2022

    Brenda Jurado

    Berkshire Hathaway HomeServices California Propert

  • Zachary Krasman

    Seller's Agent in 2019

    Zachary Krasman

    Compass

    (626) 205-4040

    104 Total Sales

    Zachary Krasman
    Section Image
  • Patricia LaFosse

    Seller's Agent in 2018

    Patricia LaFosse

    RE/MAX

    (626) 233-5089

    1 in this area

    40 Total Sales

    Patricia LaFosse
    Section Image
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Map

Source: The MLS

MLS Number: 22-168163

The MLS

APN: 5131-020-008

California Los Angeles County Los Angeles 90011 Historic South Central

1155 E 24th St, Los Angeles, CA

This home is located at 1155 E 24th St, Los Angeles, CA 90011 since 15 June 2022 and is currently estimated at $1,130,949, approximately $276 per square foot. This property was built in 1912. 1155 E 24th St is a home located in Los Angeles County with nearby schools including Twentieth Street Elementary School, Santee Education Complex, and Thomas Jefferson Senior High School.

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