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1024 W 24th Street, Los Angeles, CA 90007

Property · 2 recorded sales since 2021

1024 W 24th Street, Los Angeles, CA 90007 Sold September 2025 CRMLS
$2,260,000Sold September 2025

Listing Agent: Sean Rosenzweig (DRE #01406343) · Listing Office: Marcus & Millichap · Contact: 310-909-5500 · Bought with: Sean Rosenzweig · Marcus & Millichap · MLS #25495795 · Source: CRMLS

13
Bedrooms
16
Bathrooms
9,478
Sq Ft
7,246 sqft
Lot Size
1963
Year Built
Property
Type

About this property

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.

Listing description from the September 2025 sale, as reported to CRMLS.

Sale history

$2,260,000
Sold September 2025 · listed $3,450,000, orig. $3,750,000, on market February 2025 · MLS #25495795 · Source: CRMLS
Listing Agent: Sean Rosenzweig · Listing Office: Marcus & Millichap · Contact: 310-909-5500 · Bought with: Sean Rosenzweig · Marcus & Millichap
$2,350,000
Sold July 2021 · listed $2,399,000, on market May 2021 · MLS #SR21110385 · Source: CRMLS
Listing Agent: Wendy Morley · Listing Office: Pinnacle Estate Properties, Inc. · Contact: 805-222-7000 · Bought with: Wendy Morley · Pinnacle Estate Properties, Inc.
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