Prime move-in-ready home in a spectacular location, just a short walk from the University of Southern California (USC) and USC Village. The property includes RTI-approved plans for an ADU with a separate address and private entry. The plans allow for the addition of a 533-square-foot second unit with 2 bedrooms and 1 bathroom, as well as an extra bathroom in the main house. Everything is approved and ready to build! Perfect for USC faculty, staff, or student rental housing, this home offers an incredible investment opportunity. Take advantage of the approved plans and generate an additional $3,000 per month in rental income fir the upstairs. Owner was previously renting the house for $3,200 a month. A total of $6,200+ a month makes for a great investment situated in the historic Adams-Normandie HPOZThis charming 2-bedroom, 1-bathroom home has been freshly painted throughout and features hardwood floors, a fully equipped kitchen with appliances, a washer/dryer, and a beautifully tiled shower with a glass enclosure. . The neighborhood showcases true pride of ownership and a strong sense of community. Conveniently located just minutes from USC, Downtown LA, L.A. Live, the L.A. Coliseum, BMO Stadium, Trader Joe’s, Expo Park, the Natural History Museum, the soon-to-open Lucas Museum of Narrative Art, and easy access to the 10 and 110 freeways.
Property Details
Price:
$749,000
MLS #:
25510669
Status:
Active
Beds:
2
Baths:
1
Address:
1616 W 24th Street
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Mar 12, 2025
State:
CA
Finished Sq Ft:
1,072
ZIP:
90007
Lot Size:
2,565 sqft / 0.06 acres (approx)
Year Built:
1906
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Schools
Interior
Appliances
Disposal, Refrigerator
Fireplace Features
None
Flooring
Wood, Tile
Heating
Wall Furnace
Exterior
Parking Features
None
Parking Spots
0.00
Pool Features
None
Security Features
Gated Community
Spa Features
None
Stories Total
1
View
None
Financial
Map
Community
- Address1616 W 24th Street Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90007
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1616 W 24th Street
Los Angeles, CA
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