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Image 1 - 1585 West 24th Street, Los Angeles, CA 90007, USA - House for sale
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Home For Sale In Los Angeles, California
1585 West 24th Street, Los Angeles, CA 90007, USA

Home For Sale In Los Angeles, California

house for sale
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Listed: 03/19/24

1585 West 24th Street, Los Angeles, CA 90007, USA

Studio Bed:
16 Bath:
8,062 Sq Ft Living Area:
Save
Price
$ 2,35M

About This House

Excellent opportunity to acquire a 16 unit apartment building in the West Adams district of Los Angeles by USC at a$147, 000cost per unit and$291.00cost per square foot. This8, 062sq. ft. building resides on a6, 801sq. ft. corner lot which consists of 16 very large studios each with their own separate kitchen area. The property is located one block south of the 10 Freeway on an excellent and quiet stretch of Budlong Ave. at 24th St. and surrounded by single family homes and smaller apartment buildings. The property retains an excellent on-site manager making this a low maintenance asset for savvy investors. The building is well maintained and all units are individually metered for gas and electric with onsite laundry …  Full description

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Adams Normandie Historic District Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.