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1366 W 24th St
Los Angeles, CA 90007
Retail Property For Sale

Property Facts

Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
6,050 SF
Building Class
C
Year Built
1922
Tenancy
Multiple
Building Height
1 Story
Building FAR
1.03
Lot Size
0.14 AC
Zoning
LAR4
Parking
7 Spaces (1.15 Spaces per 1,000 SF Leased)

About 1366 W 24TH ST , LOS ANGELES, CA 90007

Marcus & Millichap, as the exclusive listing agent, is pleased to offer for sale this ten (10) unit multi-family investment opportunity located at 1366 W. 24th Street, just a short distance from the internationally renowned University of Southern California (USC). This two-story building was constructed of wood frame and stucco on a raised foundation built in 1922 with a square footage of 5,892 on a 6,050-square foot lot. The subject property represents a very desirable asset in the supply-constrained USC market, and has been reinforced and upgraded in compliance with the latest city codes and regulations. The property boasts excellent curb appeal and underwent a recent $300,000 renovation program, transforming into a high-end student living facility. The property has a remarkable unit mix, comprised of two (2) ground floor live/ work spaces and eight (8) single units. PLEASE NOTE THE FOLLOWING: 1) DO NOT DISTURB TENANTS, DRIVE BY ONLY 2) Interior Inspection/Books & Records Granted with an Accepted Offer 3) Submit Proof of Funds with Offer 4) Seller Selects All Services Disclaimer: All information has been secured from sources we believe to be reliable. However, we make no representations or warranties, expressed or implied, as to the accuracy of the information. References to square footage or age are approximate. Buyer must verify the information above and bears all risk for any inaccuracies

Property Taxes

Property Taxes

Parcel Number
5055-003-016
Land Assessment
$602,897
Improvements Assessment
$669,888
Total Assessment
$1,272,785
  • Listing ID: 5951858

  • Date on Market: 2/21/2017

  • Last Updated:

  • Address: 1366 W 24th St, Los Angeles, CA 90007

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