NOT LISTED FOR SALE

1856 W 24th St Los Angeles, CA 90018

Adams-Normandie Neighborhood

Estimated Value: $1,043,000 - $1,252,000

8 Beds
4 Baths
4,350 Sq Ft
$258/Sq Ft Est. Value

Sale Details

Date Sold: February 13, 2012

Last sale price $405,000 $93 Per Sq Ft

Est. 177% increase in value since last sale

Current estimated payment $6,633 / mo

62 Days on Market

Highlights

  • Craftsman Architecture
  • Twenty-Fourth Street Elementary School Rated 9+
  • 4 Car Garage

About This Home

As of February 2012

HUGE CASH COW * NICE FOUR-PLEX WITH LARGE UNITS * ALL 2+1'S * CLOSE PROXIMITY TO USC * FULLY OCCUPIED AND ROOM FOR UPSIDE * CLOSE TO TRANSPORTATION & SHOPPING * MOTIVATED SELLER * PRICED TO SELL * INSIDE WITH AN ACCEPTED OFFER. ALL OFFERS ON CAR RIPA FORM WITH PRE-APPROVAL (NOT PRE-QUAL) * PRE-APPROVAL TO INCLUDE VERIFICATION OF CREDIT, DOWN PAYMENT AND CLOSING COSTS * SSS * SUBMIT THAT OFFER TODAY! *

Last Agent to Sell the Property

David Norman

Boardwalk Real Estate, Inc. License #01116835 Listed on: 11/10/2011

Last Buyer's Agent

An Hoi Nguyen

License #01324263

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1914

Lot Details

  • 6,664

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Craftsman Architecture
  • Composition Roof

Interior Spaces

  • 4,350 Sq Ft Home
  • 2-Story Property

Additional Features

  • 6,664 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 4 Units
  • Rent Control

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for water
  • Assessor Parcel Number 5058-021-025

Property Details

Home Type

Multi-Family

Year Built

Built in 1914

Lot Details

6,664 Sq Ft Lot

Parking

4

Listing Details

  • Property Type: Residential Income
  • Style: Craftsman
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Living Area: 4350
  • Stories: 2
  • Year Built: 1914
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Price Per S Q F T: 99.31

Exterior Features

  • Construction: Stucco
  • Construction: Frame and Stucco
  • Pool: No
  • Roof: Composition

Garage/Parking

  • Garage Spaces: 4
  • Covered Parking: 4
  • Parking Garage: Garage
  • Total Parking: 5

Utilities

  • Heating: Wall
  • Water Expense: 2940.00

Fee Information

  • Insurance Expense: 1132.00
  • Management Expense: 2820.00
  • Trash Expense: 526.00

Lot Info

  • Assessed Improvement Value: 216485
  • Assessed Land Value: 432972
  • Assessor Parcel Number: 5058-021-025
  • Lot Size Area: 6664

Rental Info

  • Total Actual Rent: 43136.00
  • Owner Pays: Water
  • Rent Control: Yes
  • Tenant Pays: Electricity, Gas

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109
  • Gross Rent Multiplier: 9.50
  • Number Of Units: 4
  • Rent Control: 100
  • Type Of Units: FOURPLEX

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 10, 2011
Closed on
Jan 11, 2012
Sold by
Bought by
Seller's Agent
David Norman
Boardwalk Real Estate, Inc.
Buyer's Agent
An Hoi Nguyen
List Price
$432,000
Sold Price
$405,000
Premium/Discount to List
-$27,000
-6.25%
Current Estimated Value
$1,121,097

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$716,097
Avg. Annual Appreciation
7.38%

Purchase Details

Closed on
Sep 21, 2010
Sold by
Bought by

Purchase Details

Closed on
Oct 7, 2004
Sold by
Bought by

Purchase Details

Closed on
Nov 26, 2003
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$427,500
Interest Rate
8.5%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 16, 2001
Sold by
Bought by

Purchase Details

Closed on
Jan 10, 2000
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$70,000
Interest Rate
7.84%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Jul 1, 1999
Sold by
Bought by

Purchase Details

Closed on
Mar 11, 1999
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$230,459
Interest Rate
7.4%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$405,004 North American Title Company
$274,000 None Available
-- --
$450,000 Gateway Title
-- --
-- Fidelity National Title
-- Orange Coast Title
$232,000 Orange Coast Title
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $427,500
Previous Owner $70,000
Previous Owner $230,459
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
02/13/2012 02/13/12 Sold $405,000 -6.3% $93 / Sq Ft
01/11/2012 01/11/12 Pending -- -- --
11/10/2011 11/10/11 For Sale $432,000 -- $99 / Sq Ft
Source: The MLS

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $6,723 $508,692 $314,008 $194,684
2024 $6,626 $498,718 $307,851 $190,867
2023 $6,511 $488,940 $301,815 $187,125
2022 $6,229 $479,354 $295,898 $183,456
2021 $6,129 $469,956 $290,097 $179,859
2019 $5,957 $456,019 $281,494 $174,525
2018 $5,825 $447,078 $275,975 $171,103
2016 $5,534 $429,719 $265,259 $164,460
2015 $5,458 $423,265 $261,275 $161,990
2014 $5,502 $414,974 $256,157 $158,817
Source: Public Records

Agents Affiliated with this Home

  • David Norman

    Seller's Agent in 2012

    David Norman

    Boardwalk Real Estate, Inc.

    (310) 820-1343

    10 Total Sales

    David Norman
    Section Image

  • A

    Buyer's Agent in 2012

    An Hoi Nguyen

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Map

Source: The MLS

MLS Number: 11-566019

The MLS

APN: 5058-021-025

California Los Angeles County Los Angeles 90018 Adams-Normandie

1856 W 24th St, Los Angeles, CA

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The MLS © 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.
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