We are pleased to present the new construction, fully-stabilized USC student housing investment property located at 1325 West 24th Street in Los Angeles, CA 90007. The property is less than one mile from the University of Southern California’s main University Park campus within the USC DPS security zone and is in a popular student housing rental neighborhood.
The property has 3 units and 9 total bedrooms consisting of two brand-new construction 3 bed/3 bath units with dens and a fully renovated 3 bed/3 bath unit.
In addition to its proximity to USC, the property benefits from being walking distance to a Metro Expo Line station offering a short commute to Downtown Los Angeles and the Westside. The property is also nearby to Exposition Park, home of the world-famous LA Coliseum, the new LAFC Stadium and the new George Lucas Museum of Narrative Art. Exposition Park will play host to many key activities and events in the upcoming 2028 LA Olympics.
Sold for $2,320,865
Listed by: Younglewin Advisors, Inc. • Daniel Lewin • Contact: 424-224-9344
Bought with: Younglewin Advisors, Inc.
$2,320,865
1325 W 24th St, Los Angeles, CA 90007
9beds
9baths
2,738sqft
Triplex
Built in 1922
-- sqft lot
$2,166,900 Zestimate®
$848/sqft
$2,233 Estimated rent
Home value
$2,166,900
$1.80M - $2.64M
$2,233/mo
Zestimate® history
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$14,712/mo
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Zillow last checked:
Listing updated:
Listed by:
Daniel Lewin DRE #01932742 424-224-9344,
Younglewin Advisors, Inc.
Bought with:
Daniel Lewin, DRE #01932742
Younglewin Advisors, Inc.
Source: CRMLS,MLS#: PW23134331
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 9
- Bathrooms: 9
Appliances
- Laundry: Inside
Features
- Common walls with other units/homes: 1 Common Wall
Interior area
- Total structure area: 2,738
- Total interior livable area: 2,738 sqft
Property
Parking
- Total spaces: 2
Features
- Entry location: 1325 W 24th St
- Pool features: None
Lot
- Size: 5,903 Square Feet
- Features: Front Yard
Details
- Parcel number: 5055002006
- Zoning: LAR4
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1922
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Features: Curbs
Location
- Region: Los Angeles
Financial & listing details
- Price per square foot: $848/sqft
- Tax assessed value: $2,367,282
- Annual tax amount: $28,423
- Date on market: 7/24/2023
- Cumulative days on market: 36 days
- Listing terms: Cash,Cash to New Loan
Price history
| Date | Event | Price |
|---|---|---|
| 9/23/2023 | Sold | $2,320,865-5.3%$848/sqft |
Source:  CRMLS #PW23134331 Report a problem | ||
| 8/31/2023 | Pending sale | $2,450,000$895/sqft |
Source: CRMLS #PW23134331 Report a problem | ||
| 7/24/2023 | Listed for sale | $2,450,000+286.1%$895/sqft |
Source: CRMLS #PW23134331 Report a problem | ||
| 8/6/2019 | Sold | $634,500+127.4%$232/sqft |
Source: Public Record Report a problem | ||
| 7/25/2014 | Sold | $279,000+57.2%$102/sqft |
Source: Public Record Report a problem | ||
| 4/4/2006 | Sold | $177,500$65/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $28,423 +1% | $2,367,282 +2% |
| 2024 | $28,145 +238.9% | $2,320,865 +248% |
| 2023 | $8,304 +4.8% | $666,865 +2% |
| 2022 | $7,925 +1.2% | $653,790 +2% |
| 2021 | $7,829 -1% | $640,972 +1% |
| 2020 | $7,909 | $634,400 +111.1% |
| 2019 | $7,909 +113.1% | $300,590 +2% |
| 2018 | $3,711 | $294,697 +2% |
| 2017 | $3,711 +2.1% | $288,919 +2% |
| 2016 | $3,634 +2.3% | $283,254 +1.5% |
| 2015 | $3,551 -7.7% | $279,000 -7% |
| 2014 | $3,849 | $300,000 |
| 2012 | -- | $300,000 -40.8% |
| 2011 | -- | $506,662 +0.8% |
| 2010 | -- | $502,877 -0.2% |
| 2009 | -- | $504,073 +2% |
| 2008 | -- | $494,190 +2% |
| 2007 | -- | $484,500 +540.8% |
| 2006 | -- | $75,613 |
| 2005 | -- | $75,613 +4% |
| 2004 | -- | $72,679 +1.9% |
| 2003 | -- | $71,348 +2% |
| 2002 | -- | $69,950 +4% |
| 2000 | -- | $67,236 |
Find assessor info on the county website
Neighborhood: University Park
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Nearby schools
GreatSchools rating
- 8/10Vermont Avenue Elementary SchoolGrades: K-5Distance: 0.3 mi
- 5/10John Adams Middle SchoolGrades: 6-8Distance: 1.3 mi
- 3/10West Adams Preparatory High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$2,166,900
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Estimated market value
$2,166,900
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