1024 West 24th Street

Los Angeles CA 90007

9478 sq. ft.

7246 sq. ft.

Other

Last sold for $2,260,000

Sean Rosenzweig, last sold this property on 23 September 2025 after 227 days on market.

Overview

PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT LISTING TEAM FOR DETAILS. We are pleased to offer for sale a 16-unit (14 + 2 ADU) apartment community located at 1024 W. 24th Street. The subject property is located north of Adams Boulevard and east of Hoover Street, within the USC Patrol Zone. The property is within walking distance of popular cafes, restaurants, and entertainment venues, as well as minutes from the University of Southern California (USC), the Coliseum, and Exposition Park. Its central location provides residents with convenient access to major employment hubs in Downtown Los Angeles, and beyond, supported by nearby public transit options and proximity to the I-10 and I-110 Freeways. Situated on a 10,542-square-foot parcel, the property features one studio, five bachelors, seven one-bedroom units, and three two-bedroom units. The unit-mix consists of two recently added ADUs. 56% of the units have been turned and renovated over the last 18 months, providing, a proven interior renovation strategy to capture USC students. 1024 W. 24th Street presents investors with a rare opportunity to acquire a mid-sized, value-add property close to the USC campus. A new investor can continue to operate as student housing or convert to Section 8 rentals as leases expire, which offers $200+ rent premiums.

Features

13 bedrooms

16 bathrooms

11 carspaces

9478 sq. ft. floor area

7246 sq. ft. lot size

Other

Estimated Value

We need at least 3 similar 13 bedroom other properties sold in Los Angeles over the last 12 months.

Property history for 1024 West 24th Street

2025

Sold

$2,260,000

23 Sep 2025 by Sean Rosenzweig, of Marcus & Millichap

2022

Sold

$3,350,000

10 Feb 2022

2021

Sold

$2,350,000

28 Jul 2021 by Wendy Morley, of Pinnacle Estate Properties, In

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