NOT LISTED FOR SALE
1 Bed
1 Bath
3,982 Sq Ft
6,651 Sq Ft Lot

Last Sold July 22, 2021

Last sale price $1,200,000 $301 Per Sq Ft

Highlights

  • Traditional Architecture
  • Rectangular Lot
  • Wall Furnace
  • Laundry Room

About This Home

As of July 2021

This home is located at 1809 W 24th St, Los Angeles, CA 90018 since 22 July 2021. This property was built in 1958. 1809 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.

Last Agent to Sell the Property

Wendy Morley

Pinnacle Estate Properties, Inc. License #01788681 Listed on: 07/22/2021

Pinnacle Estate Properties, Inc.

Co-Listed By

Larry Smart

Pinnacle Estate Properties, Inc. License #01024190

Last Buyer's Agent

Wendy Morley

Pinnacle Estate Properties, Inc. License #01788681 Listed on: 07/22/2021

Pinnacle Estate Properties, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 6,651 Sq Ft Lot
  • Two or More Common Walls
  • Rectangular Lot

Parking

  • 8 Car Garage
  • Parking Available
  • Assigned Parking

Home Design

  • 3,982 Sq Ft Home
  • Traditional Architecture
  • Apartment
  • Cosmetic Repairs Needed
  • Flat Roof Shape

Bedrooms and Bathrooms

  • 1 Bedroom
  • 1 Bathroom

Laundry

  • Laundry Room

Utilities

  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Legal Lot and Block 6 / 3
  • Tax Tract Number 2215
  • Assessor Parcel Number 5058022011

Community Details

Overview

  • 18 Buildings
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • Rent Control
  • 9 Separate Electric Meters
  • 9 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $797
  • Fuel Expense $281
  • Insurance Expense $4,810
  • Professional Management Expense $4,365
  • Trash Expense $2,954
  • Water Sewer Expense $5,149
  • Operating Expense $17,278
  • Gross Income $103,723
  • Net Operating Income $53,267

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0

Parking

8

Listing Details

  • Assessments: Yes
  • CapRate: 3.75
  • Other Phone Description: 18054446665
  • Price Per Unit: 175
  • Professional Management Expense: 4365.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 5149.00
  • Zoning: LARD2
  • Architectural Style: Traditional
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 5058022011
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: No
  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 301.36

Exterior Features

  • Pool Private: No
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Garage Spaces: 8.00
  • Parking: Yes
  • Parking Features: Assigned
  • Total Parking Spaces: 8.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 2954.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 6651.00
  • Lot Size Acres: 0.1527

Multi Family

  • Electric Expense: 796.75
  • Fuel Expense: 281.46
  • Gross Income: 103723.00
  • Gross Multiplier: 15.00
  • Gross Scheduled Income: 96523.00
  • Insurance Expense: 4810.00
  • Laundry Income: 7200.00
  • Lot Size Area: 6651.0000 Square Feet
  • Net Operating Income: 53267.00
  • Number Of Separate Electric Meters: 9
  • Number Of Separate Gas Meters: 9
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 8
  • Operating Expense: 45270.00
  • Operating Expense Percent: 45.94
  • Rent Control: Yes
  • Total Expenses: 17278.00
  • Vacancy Allowance: 5186

Tax Info

  • Tax Area: 2222
  • Tax Block: 3
  • Tax Census Tract: 2215.00
  • Tax Lot: 6
  • Tax Tract Number: 2215

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/22/2021 07/22/21 Sold $1,200,000 -14.3% $301 / Sq Ft
07/22/2021 07/22/21 For Sale $1,400,000 -- $352 / Sq Ft
07/10/2021 07/10/21 Pending -- -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SR21110389

California Regional Multiple Listing Service (CRMLS)