1702 W 24th St Los Angeles, CA 90018
Adams-Normandie NeighborhoodEstimated Value: $1,111,000 - $1,329,000
5
Beds
2
Baths
2,495
Sq Ft
$488/Sq Ft
Est. Value
Highlights
- Main Floor Bedroom
- High Ceiling
- Cooling Available
- Corner Lot
- No HOA
- Fireplace in Patio
About This Home
As of March 2021One of a kind 5 bedroom Craftsman home located in the Granada Tract Historic District in West Adams. No expense was spared when completely renovating this home inside and out. Both bathrooms have been completely remodeled. All rooms have been updated with hardwood floors, individual heating and cooling. New dual pane windows brighten this spacious airy floor plan. Dramatic entry with high ceilings opens with arches to large living room and formal dining room with fireplace. Kitchen with walk through pantry flows from dining room or entry. Convenient bedroom and bathroom downstairs. Inside laundry room. This perfect floor plan provides an excellent place for students or raising a family. Front and rear yards have been landscaped with irrigation with drought tolerant California plants. The rear yard has a large raised patio with built in fireplace. The grass lawn separates the house from the garage and electric gated parking area. Amazing curb appeal with inviting front porch, mature landscaping, designer fencing and gate makes this desirable corner location. This centralized home is close to USC campus, 10 and110 freeways. This home is a unique investment opportunity. Providing quality individual privacy while enjoying a home like environment inside and out. Common areas are spacious with rich historical character with all modern consciences. Results have shown a history of high quality students paying premium rents. Easy transition for investors.
Last Listed By
Larry Petersen
Seven Gables Real Estate License #00956471 Listed on: 11/06/2020
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $12,205
Year Built
- Built in 1900 | Remodeled
Lot Details
- 4,982 Sq Ft Lot
- Corner Lot
- Rectangular Lot
- Back and Front Yard
- Property is zoned LARD2
Parking
- 1 Car Garage
- Parking Available
- Side Facing Garage
- Single Garage Door
- Auto Driveway Gate
- Driveway
- Parking Lot
Home Design
- Raised Foundation
Interior Spaces
- 2,495 Sq Ft Home
- High Ceiling
- Formal Entry
- Living Room
- Dining Room with Fireplace
- Laundry Room
Kitchen
- Gas Oven
- Gas Cooktop
Bedrooms and Bathrooms
- 5 Bedrooms | 1 Main Level Bedroom
- Remodeled Bathroom
- 2 Full Bathrooms
Utilities
- Cooling Available
- Heating Available
- Gas Water Heater
- Sewer Paid
Additional Features
- More Than Two Accessible Exits
- Fireplace in Patio
Community Details
- No Home Owners Association
Listing and Financial Details
- Tax Lot 1
- Assessor Parcel Number 5058028001
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Nov 6, 2020
Closed on
Feb 5, 2021
Sold by
Petersen Layton
Bought by
Ji Paul Yoonkyeom and Zhao Sandy
Seller's Agent
Larry Petersen
Seven Gables Real Estate
List Price
$990,000
Sold Price
$930,000
Premium/Discount to List
-$60,000
-6.06%
Total Days on Market
83
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$286,979
Avg. Annual Appreciation
6.60%
Original Mortgage
$350,000
Outstanding Balance
$317,440
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$899,539
Purchase Details
Closed on
Feb 29, 2016
Sold by
Petersen Harry Edward
Bought by
Petersen Layton
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$368,207
Interest Rate
3.62%
Mortgage Type
FHA
Purchase Details
Closed on
Jul 18, 2014
Sold by
Petersen Harry Edward
Bought by
Petersen Harry Edward and Petersen Sondra S
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$185,000
Interest Rate
4.16%
Mortgage Type
New Conventional
Purchase Details
Closed on
Mar 17, 2014
Sold by
Petersen Larry D
Bought by
Petersen Harry Edward
Purchase Details
Closed on
May 14, 2007
Sold by
Papazian Sadie
Bought by
Papazian Sadie
Similar Homes in Los Angeles, CA
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Ji Paul Yoonkyeom | $930,000 | First Amer Ttl Co Res Div | |
| Petersen Layton | $375,000 | Lawyers Title Ie | |
| Petersen Harry Edward | -- | Lawyers Title | |
| Petersen Harry Edward | -- | None Available | |
| Papazian Sadie | -- | None Available |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Ji Paul Yoonkyeom | $350,000 | |
| Previous Owner | Ji Paul Yoonkyeom | $350,000 | |
| Previous Owner | Petersen Layton | $376,000 | |
| Previous Owner | Petersen Layton | $368,207 | |
| Previous Owner | Petersen Harry Edward | $190,000 | |
| Previous Owner | Petersen Harry Edward | $185,000 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/26/2021 03/26/21 | Sold | $930,000 | -2.1% | $373 / Sq Ft |
| 01/28/2021 01/28/21 | Pending | -- | -- | -- |
| 01/22/2021 01/22/21 | Price Changed | $950,000 | -4.0% | $381 / Sq Ft |
| 11/06/2020 11/06/20 | For Sale | $990,000 | -- | $397 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 |
|---|---|---|---|---|
| 2024 | $12,205 | $986,922 | $789,538 | $197,384 |
| 2023 | $11,974 | $967,571 | $774,057 | $193,514 |
| 2022 | $11,425 | $948,600 | $758,880 | $189,720 |
| 2021 | $7,483 | $600,222 | $475,649 | $124,573 |
| 2020 | $7,555 | $594,068 | $470,772 | $123,296 |
| 2019 | $7,265 | $582,421 | $461,542 | $120,879 |
| 2018 | $7,144 | $571,002 | $452,493 | $118,509 |
| 2016 | $6,819 | $548,831 | $434,923 | $113,908 |
| 2015 | $6,721 | $540,588 | $428,391 | $112,197 |
| 2014 | $4,636 | $356,570 | $230,541 | $126,029 |
Source: Public Records
Agents Affiliated with this Home
-
Seller's Agent in 2021
Larry Petersen
Seven Gables Real Estate
(714) 968-4456
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20233757
APN: 5058-028-001
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