NOT LISTED FOR SALE

1702 W 24th St Los Angeles, CA 90018

Adams-Normandie Neighborhood

Estimated Value: $1,083,764 - $1,339,000

5 Beds
2 Baths
2,495 Sq Ft
$478/Sq Ft Est. Value

Last Sold March 26, 2021

Last sale price $930,000 $373 Per Sq Ft

Est. 28% increase in value since last sale

Current estimated payment $7,320/month

83 Days on Market

Highlights

  • Main Floor Bedroom
  • High Ceiling
  • Cooling Available
  • Corner Lot
  • No HOA
  • Fireplace in Patio

About This Home

As of March 2021

One 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 Agent to Sell the Property

Larry Petersen

Seven Gables Real Estate License #00956471 Listed on: 11/06/2020

Seven Gables Real Estate

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

Home Details

Home Type

Single Family

Est. Annual Taxes

$12,205

Year Built

Built in 1900 | Remodeled

Lot Details

0

Parking

1

Listing Details

  • Structure Type: House
  • Assessments: No
  • Ad Number: 714-801-5000
  • Other Phone Description: 714-801-5000
  • Property Attached: No
  • View: No
  • Zoning: LARD2
  • Property Condition: Updated/Remodeled
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 5058028001
  • Year Built: 1900
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 2495.00 Square Feet
  • Interior Amenities: High Ceilings
  • Common Walls: No Common Walls
  • Accessibility Features: 2+ Access Exits
  • Appliances: Yes
  • Full Bathrooms: 2
  • Full And Three Quarter Bathrooms: 2
  • Total Bedrooms: 5
  • Fireplace Features: Dining Room, Patio
  • Levels: Two
  • Main Level Bathrooms: 1
  • Main Level Bedrooms: 1
  • Price Per Square Foot: 372.75
  • Room Type: Formal Entry, Kitchen, Laundry, Living Room, Main Floor Bedroom
  • Bathroom Features: Remodeled

Exterior Features

  • Foundation: Raised
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: No
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Auto Driveway Gate, Driveway, Garage Faces Side, Garage - Single Door, Parking Space
  • Total Parking Spaces: 1.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Oven, Gas Cooktop, Gas Water Heater
  • Laundry Features: Inside
  • Sewer: Public Sewer, Sewer Paid
  • Water Source: Public
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Schools

  • School District: Los Angeles Unified

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Back Yard, Corner Lot, Front Yard, Rectangular Lot
  • Lot Size Sq Ft: 4982.00
  • Lot Size Acres: 0.1144

Multi Family

  • Lease Considered: No
  • Lot Size Area: 4982.0000 Square Feet
  • Number Of Units Total: 1

Tax Info

  • Tax Census Tract: 2215.00
  • Tax Lot: 1
  • Tax Tract Number: Granad

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%
Current Estimated Value
$1,193,441

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$263,441
Avg. Annual Appreciation
6.23%
Original Mortgage
$350,000
Outstanding Balance
$315,327
Interest Rate
2.73%
Mortgage Type
New Conventional
Estimated Equity
$905,547

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
Source: Public Records

Range of Values:

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Average Value
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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
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

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 $12,205 $1,006,659 $805,328 $201,331
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

  • L

    Seller's Agent in 2021

    Larry Petersen

    Seven Gables Real Estate

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC20233757

California Regional Multiple Listing Service (CRMLS)

APN: 5058-028-001

California Los Angeles County Los Angeles 90007 Adams-Normandie

1702 W 24th St, Los Angeles, CA

This home is located at 1702 W 24th St, Los Angeles, CA 90018 since 06 November 2020 and is currently estimated at $1,193,441, approximately $478 per square foot. This property was built in 1900. 1702 W 24th St is a home located in Los Angeles County with nearby schools including Twenty-Fourth Street Elementary School, Birdielee V. Bright Elementary School, and Johnnie L. Cochran Jr. Middle School.

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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