Seller's Agent in 2020
Nick Fichera
Figure 8 Realty
(630) 460-0820
11 Total Sales
1827 W 24th St Los Angeles, CA 90018
Adams-Normandie NeighborhoodEstimated Value: $1,494,000 - $1,693,669
5
Beds
4
Baths
3,780
Sq Ft
$418/Sq Ft
Est. Value
About This Home
As of March 20201827 W 24th St is a 4-Unit, Turnkey investment property located in West Adams. Extensive renovations in 2017 include new sewer line, roof, and electric panel, foundation upgrade and 3 of 4 Unit interiors fully remodeled. The balanced Unit Mix consists of two 1+1, one 2+1 and one 3+2. Property features gated parking, 3 garage/flex spaces, GE appliances, in-unit washer/dryers, mature landscaping, fenced yard and DTLA views from the balcony. This stabilized investment property is listed at a 14.4 GRM and true 4.9% CAP rate with 10% upside in rents once the 4th unit is brought to market rent. The property is located in a quickly gentrifying neighborhood and is close to the 10 Freeway, USC and Expo Line. As a stabilized asset, with future upside and value growth, this a perfect 1031 exchange property.
Last Agent to Sell the Property
Figure 8 Realty License #01932217 Listed on: 01/13/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1920 | Remodeled
Lot Details
- 6,649 Sq Ft Lot
Interior Spaces
- 3,780 Sq Ft Home
- 2-Story Property
Kitchen
- Oven or Range
- Freezer
- Dishwasher
- Disposal
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Laundry in unit
- Dryer
- Washer
Parking
- 4 Parking Spaces
- Auto Driveway Gate
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
Listing and Financial Details
- Tenant pays for cable TV, electricity, gas
- Assessor Parcel Number 5058-022-015
Community Details
Overview
- 2 Buildings
- 4 Units
Building Details
- Rent Control
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Closed on
Nov 18, 2024
Sold by
Brubaker Matthew P
Bought by
1827 24Th St Apartments Llc
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$227,500
Outstanding Balance
$225,319
Interest Rate
6.32%
Mortgage Type
New Conventional
Estimated Equity
$1,354,848
Purchase Details
Closed on
Jul 5, 2020
Sold by
Brubaker Matthew P
Bought by
1827 24Th St Apartments Llc
Purchase Details
Listed on
Jan 13, 2020
Closed on
Mar 5, 2020
Sold by
Fichera & Hall Llc
Bought by
Brubaker Matthew P
Seller's Agent
Nick Fichera
Figure 8 Realty
Buyer's Agent
Ed Faktorovich
Figure 8 Realty
List Price
$1,500,000
Sold Price
$1,400,000
Premium/Discount to List
-$100,000
-6.67%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
2.05%
Original Mortgage
$980,000
Interest Rate
3.55%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 10, 2016
Closed on
Oct 20, 2016
Sold by
Juarez Jesus and Juarez Alberta
Bought by
Fichera & Hall Llc
Seller's Agent
Sofia Chacon
KW The Lakes
Buyer's Agent
Nick Fichera
Figure 8 Realty
List Price
$700,000
Sold Price
$650,000
Premium/Discount to List
-$50,000
-7.14%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
25.15%
Purchase Details
Closed on
Mar 13, 2003
Sold by
Marquez Helio and Castro Maria L
Bought by
Juarez Jesus and Juarez Alberta
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$304,000
Interest Rate
7.25%
Purchase Details
Closed on
Apr 24, 2002
Sold by
Mendez Juan A and Castro Juan E
Bought by
Castro Juan E and Marquez Helio
Purchase Details
Closed on
Dec 27, 1996
Sold by
Mendez Vilma R
Bought by
Mendez Juan A
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,729
Interest Rate
7.53%
Mortgage Type
FHA
Purchase Details
Closed on
Dec 23, 1996
Sold by
Sacred House Of Al Islams
Bought by
Mendez Juan A and Castro Juan E
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$196,729
Interest Rate
7.53%
Mortgage Type
FHA
Purchase Details
Closed on
Feb 2, 1996
Sold by
Hud
Bought by
Sacred House Of Al Islam
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$26,000
Interest Rate
7.04%
Purchase Details
Closed on
Apr 27, 1995
Sold by
Nationsbanc Mtg Corp Of New York
Bought by
Hud
Purchase Details
Closed on
Apr 20, 1995
Sold by
Marquez Laura and Calderon Virginia P
Bought by
Nationsbanc Mtg Corp Of New York and Keycorp Mtg Inc
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Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| 1827 24Th St Apartments Llc | -- | Stewart Title Company | |
| 1827 24Th St Apartments Llc | -- | Stewart Title Company | |
| Brubaker Matthew P | -- | Stewart Title Company | |
| 1827 24Th St Apartments Llc | -- | None Available | |
| Brubaker Matthew P | $1,400,000 | Lawyers Title Company | |
| Fichera & Hall Llc | $650,000 | None Available | |
| Juarez Jesus | $380,000 | American Title Co | |
| Marquez Helio | -- | American Title Co | |
| Castro Juan E | -- | -- | |
| Mendez Juan A | -- | -- | |
| Mendez Juan A | $203,000 | -- | |
| Sacred House Of Al Islam | $26,000 | California Counties Title Co | |
| Hud | -- | Benefit Title | |
| Nationsbanc Mtg Corp Of New York | $168,325 | Benefit Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | Brubaker Matthew P | $227,500 | |
| Previous Owner | Brubaker Matthew P | $980,000 | |
| Previous Owner | Juarez Jesus | $304,000 | |
| Previous Owner | Mendez Juan A | $196,729 | |
| Previous Owner | Sacred House Of Al Islam | $26,000 | |
| Closed | Juarez Jesus | $75,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/31/2020 03/31/20 | Sold | $1,400,000 | -6.7% | $370 / Sq Ft | |
| 02/28/2020 02/28/20 | Pending | -- | -- | -- | |
| 01/13/2020 01/13/20 | For Sale | $1,500,000 | +130.8% | $397 / Sq Ft | |
| 10/28/2016 10/28/16 | Sold | $650,000 | -5.8% | $172 / Sq Ft | View Prior Sale |
| 09/30/2016 09/30/16 | Pending | -- | -- | -- | |
| 09/25/2016 09/25/16 | Price Changed | $690,000 | -8.0% | $183 / Sq Ft | |
| 08/19/2016 08/19/16 | Price Changed | $750,000 | +7.1% | $198 / Sq Ft | |
| 08/10/2016 08/10/16 | For Sale | $700,000 | -- | $185 / Sq Ft |
Source: The MLS
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 | $18,605 | $1,531,101 | $1,203,008 | $328,093 |
| 2024 | $18,605 | $1,501,080 | $1,179,420 | $321,660 |
| 2023 | $18,252 | $1,471,648 | $1,156,295 | $315,353 |
| 2022 | $17,414 | $1,442,793 | $1,133,623 | $309,170 |
| 2021 | $17,189 | $1,414,504 | $1,111,396 | $303,108 |
| 2020 | $8,840 | $689,785 | $413,871 | $275,914 |
| 2019 | $8,503 | $676,260 | $405,756 | $270,504 |
| 2018 | $8,374 | $663,000 | $397,800 | $265,200 |
| 2016 | $5,773 | $458,788 | $336,447 | $122,341 |
| 2015 | $5,691 | $451,898 | $331,394 | $120,504 |
| 2014 | $5,735 | $443,047 | $324,903 | $118,144 |
Source: Public Records
Agents Affiliated with this Home
-
Nick Fichera
-
Ed Faktorovich
Buyer's Agent in 2020
Ed Faktorovich
Figure 8 Realty
(323) 270-9303
1 in this area
78 Total Sales
-
Sofia Chacon
Seller's Agent in 2016
Sofia Chacon
KW The Lakes
(951) 258-5245
106 Total Sales
Map
Source: The MLS
MLS Number: 20-543344
APN: 5058-022-015
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© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW). 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.
IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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