NOT LISTED FOR SALE

1689 W 24th St Unit ABC Los Angeles, CA 90007

Adams-Normandie Neighborhood

Estimated Value: $763,080 - $1,287,000

6 Beds
4 Baths
2,741 Sq Ft
$354/Sq Ft Est. Value

Last Sold May 19, 2022

Last sale price $725,000 $265 Per Sq Ft

Est. 29% increase in value since last sale

Current estimated payment $5,907/month

156 Days on Market

Highlights

  • Park
  • Laundry Room
  • Back Yard

About This Home

As of May 2022

3PLEX ON A 6700+ SQ FT LOT, 3-5 MINUTE DRIVE FROM USC, 3BEDROOM 2BATH DOWNSTAIRS, 2BEDROOM 1BATH AND 1BEDROOM 1BATH UPSTAIRS. INVESTMENT PROPERTY, HAS GREAT POTENTIAL TO ADD ADDITIONAL ADU, BUYER TO CHECK WITH CITY FOR ADU REQUIREMENTS, PROPERTY BEING SOLD AS-IS.

Last Agent to Sell the Property

Luis Canales

New Venture Realty License #01844823 Listed on: 10/09/2021

Last Buyer's Agent

Luis Canales

New Venture Realty License #01844823 Listed on: 10/09/2021

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,664

Year Built

  • Built in 1906

Lot Details

  • 6,740 Sq Ft Lot
  • No Common Walls
  • Back Yard

Interior Spaces

  • 2,741 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Listing and Financial Details

  • Tenant pays for water
  • Tax Lot 48
  • Tax Tract Number 221
  • Assessor Parcel Number 5054002033
  • $578 per year additional tax assessments

Community Details

Overview

  • 3 Units

Recreation

  • Park

Building Details

  • Rent Control
  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,500
  • Water Sewer Expense $3,900
  • Operating Expense $5,100
  • Gross Income $26,400

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,664

Year Built

Built in 1906

Lot Details

0

Listing Details

  • Other Phone Description: 323 252 7869
  • Other Phone Number: 323 252 7869
  • Price Per Unit: 316333
  • Property Attached: No
  • Water Sewer Expenses: 3900.00
  • Zoning: LARD1.5
  • Property Type: Residential Income
  • Parcel Number: 5054002033
  • Year Built: 1906
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 264.50

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Park

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard
  • Lot Size Sq Ft: 6740.00
  • Lot Size Acres: 0.1547

Rental Info

  • Tenant Pays: Water

Multi Family

  • Gross Income: 26400.00
  • Insurance Expense: 1500.00
  • Lot Size Area: 6740.0000 Square Feet
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: Yes
  • Total Expenses: 5100.00

Tax Info

  • Tax Census Tract: 2216.01
  • Tax Lot: 48
  • Tax Tract Number: 221...
  • TaxOtherAnnualAssessmentAmount: 578.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Dec 4, 2024
Sold by
Riano-Martinez Lina
Bought by
Martinez Leopoldo S
Current Estimated Value
$936,263

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$756,000
Outstanding Balance
$751,402
Interest Rate
6.79%
Mortgage Type
New Conventional
Estimated Equity
$219,368

Purchase Details

Closed on
Oct 5, 2005
Sold by
Gamez Dora
Bought by
Gamez Martin and Gamez Dora

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$310,500
Interest Rate
5.63%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jan 15, 2003
Sold by
Ortega Geovanni M
Bought by
Escobar Dora A

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$244,000
Interest Rate
7.5%

Purchase Details

Closed on
Aug 10, 1999
Sold by
Klemash Joseph
Bought by
Ortega Geovani M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$198,000
Interest Rate
4.45%

Purchase Details

Closed on
Sep 10, 1998
Sold by
Garcia Alicia
Bought by
Klemash Joseph and Demayo Nancy
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
Martinez Leopoldo S -- Provident Title Company
Martinez Leopoldo S -- Provident Title Company
Gamez Martin -- --
Escobar Dora A $305,000 Gateway Title Company
Ortega Geovani M $405,636 Equity Title Company
Klemash Joseph -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Martinez Leopoldo S $756,000
Closed Martinez Leopoldo S $756,000
Previous Owner Gamez Martin $310,500
Previous Owner Escobar Dora A $244,000
Previous Owner Ortega Geovani M $198,000
Closed Escobar Dora A $61,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/19/2022 05/19/22 Sold $725,000 -23.6% $265 / Sq Ft
03/14/2022 03/14/22 Pending -- -- --
12/23/2021 12/23/21 For Sale $949,000 0.0% $346 / Sq Ft
10/18/2021 10/18/21 Pending -- -- --
10/09/2021 10/09/21 For Sale $949,000 -- $346 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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 $9,664 $769,375 $541,216 $228,159
2024 $9,664 $754,290 $530,604 $223,686
2023 $9,486 $739,500 $520,200 $219,300
2022 $5,380 $416,244 $272,950 $143,294
2021 $5,299 $408,084 $267,599 $140,485
2019 $5,148 $396,222 $259,663 $136,559
2018 $5,043 $388,459 $254,572 $133,887
2016 $4,805 $373,146 $244,688 $128,458
2015 $4,738 $367,542 $241,013 $126,529
2014 $4,772 $360,343 $236,292 $124,051
Source: Public Records

Agents Affiliated with this Home

  • L

    Seller's Agent in 2022

    Luis Canales

    New Venture Realty

    (323) 733-5500

    1 in this area

    4 Total Sales

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: DW21224805

California Regional Multiple Listing Service (CRMLS)

APN: 5054-002-033

California Los Angeles County Los Angeles 90007 Adams-Normandie

1689 W 24th St Unit ABC, Los Angeles, CA

This home is located at 1689 W 24th St Unit ABC, Los Angeles, CA 90007 since 09 October 2021 and is currently estimated at $970,770, approximately $354 per square foot. This property was built in 1906. 1689 W 24th St Unit ABC is a home located in Los Angeles County with nearby schools including Vermont Avenue Elementary School, West Adams Preparatory High School, and Camino Nuevo Elementary #3.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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