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Sold for $1,000,000 · Oct 2022

SOLD

Listed at $995,000

Sold

1155 E 24TH Street, Los Angeles, CA 90011

Los Angeles, CA

MLS# 22168163

4,084 Sq Ft • Property7bd • 5ba
63 days on market

Listing Agent

Christopher Dawes

Listing Agent

Compass

DRE #: 02130095

Brokerage: Compass

Property Details

7

Bedrooms

5

Bathrooms

4,084 sqft

Square Feet

1912

Year Built

6,500 sqft

Lot Size

$245

Price/Sq Ft

N/A

Garage Spaces

N/A

HOA

Property

Property Type

Description

This 2 building 4-unit apartment complex is located just south of Downtown LA & within the Opportunity Zone on the north side of 24th St in Historic South Central. Just moments away from all museums, LA Live & amenities in DTLA & with convenient access to major freeways or easy connection to the relaxing beaches of California via Metrolink. With an overall unit mix of two 1 bedroom 1 bath units and two 3 bedroom 1 bath units, the front building contains 3 units, and the rear building contains 1 unit. Built on a 6,500 square foot lot with a total rentable square footage of 4,084. The structures have been freshly painted and being sited in a rapidly developing area of Los Angeles, this property is a valuable find to rent out or to hold for development.

Listing description from the October 2022 sale, as reported to CRMLS.

Facts & Features

Details

Stories
2
Heating
WallFurnace

Sale history for 1155 E 24TH Street

3 recorded sales

$1,000,000
Sold October 2022 · listed $995,000, orig. $1,075,000, on market June 2022, 63 days on market · MLS #22168163 · Source: CRMLS
Listing Agent: Christopher Dawes · Listing Office: Compass · Contact: 310-893-8300 · Bought with: Brenda Jurado · Berkshire Hathaway HomeServices California Propert
$600,000
Sold July 2019 · listed $645,000, orig. $729,000, on market March 2019, 83 days on market · MLS #19446454 · Source: CRMLS
Listing Agent: Zach Krasman · Listing Office: Compass · Contact: 626-205-4040 · Bought with: Zach Krasman · Compass
$611,100
Sold August 2018 · listed $595,000, on market July 2018, 7 days on market · MLS #TR18165821 · Source: CRMLS
Listing Agent: Patricia LaFosse · Listing Office: ReMax Master-Covina · Contact: 626-967-1779 · Bought with: Patricia LaFosse · ReMax Master-Covina

How this sale compares

1155 E 24TH Street sold for $1,000,000 in October 2022, 0.5% over its $995,000 list price, after 63 days on the market. It was first listed at $1,075,000. That works out to $245 per square foot on 4,084 square feet. Across 101 closed sales in 90011 over the last 12 months, the median sold price is $695,000 and the median is $437 per square foot, 78% above this sale's $245.

$245
This sale, per sq ft
$437
90011 median per sq ft (12 mo)
$695,000
90011 median sold price (12 mo)
101
Closed sales in 90011 (12 mo)
63
Days on market
+0.5%
Sold vs. list price
QuarterClosed sales in 90011Median sold price
Q1 202611$745,000
Q2 202638$612,389
Q3 202632$683,367
Q4 202620$770,000

Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in Los Angeles · Homes for sale in 90011

Recent sales near 1155 E 24TH Street

Closed sales reported in 90011, nearest first, last 12 months. All recent sales in Los Angeles →

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