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    1827 W 24Th St Los Angeles, CA 90018

    For Sale
    $1,595,000

    Four-unit property with upside potential near USC and Metro Line.

    Lot size:
    0.15 Acres

    Property Features for 1827 W 24Th St

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1920

    Source: Figure 8 Realty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    West Adams Turnkey Investment Property

    Located in West Adams, 1827 W 24th St is a turnkey four-unit investment property. The property consists of two structures with a unit mix of one three-bedroom vacant unit, one two-bedroom unit, and two one-bedroom units. Gated parking is available, along with three garage/flex spaces that offer potential for ADU conversion. Extensive renovations were completed in 2017, including a new sewer line, roof, electrical panel, and foundation upgrades. Three of the four units have been fully remodeled. The property offers value-add and upside potential, with one unit currently well under market value and additional ADU possibilities. Features include in-unit laundry, GE appliances, mature landscaping, a fenced yard, and views of Downtown Los Angeles from the balcony. This stabilized asset is located near USC, the Metro Line, the 10 Freeway, and many new development sites, making it suitable as a portfolio addition or for a 1031 exchange.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.3040449
    Latitude
    34.034655

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    FAQs

    What type of property is this?
    Quadplex - Four-unit property with upside potential near USC and Metro Line.
    Where is this quadplex located?
    The property is located at 1827 W 24Th St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $1,595,000.
    What are key features of this property?
    This property features: - Turnkey 4-unit investment property in West Adams.; - Vacant 3-bedroom unit allows immediate occupancy or rental at market rate.; - Three garage/flex spaces offer ADU conversion potential.
    (831) 915-4692
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    1827 W 24Th St Los Angeles, CA 90018
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    Los Angeles, CA 90018
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1827 W 24Th St Los Angeles, CA 90018
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