1236 W 24th, Los Angeles, California 90007, Los Angeles, 90007 - 7 bed, 4 bath
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Los Angeles, California 90007
This property presents a High-Potential Investment Opportunity with a List Price of $899,000—positioned above the $851,686 Fair Market Value by 5%. While priced at a premium, the 7-bedroom, 4-bathroom duplex configuration near USC offers significant rental yield potential. With a Condition Rating of 5, the home requires extensive renovation, but the 5,872-square-foot lot provides substantial redevelopment upside. This asset is best suited for Buy-and-Hold Investors or experienced developers capable of navigating local zoning to maximize the property's high-density utility.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1236 W 24th Subject | $899,000* List Price | 7 | 4 | 1,850 | $460 | - |
A 2920 Van Buren Active | $820,000 List Price | 4 | 2 | 1,824 | $450 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1908 with no mention of recent renovations, this property is over 100 years old and explicitly described as needing 'TLC' and being sold 'as-is.' The listing emphasizes redevelopment potential and warns of unverified permitting for additional square footage, indicating significant deferred maintenance and the need for a total rehab of systems, kitchens, and bathrooms.
Situated just one mile from USC within a key redevelopment area, the property offers exceptional potential for student housing or high-yield rental income.
The versatile two-story layout features 7 bedrooms and 4 bathrooms, providing a rare high-capacity footprint that maximizes rental utility in a high-demand market.
The 5,872-square-foot lot includes a detached garage and offers significant potential for adding ADUs or full redevelopment, subject to city zoning and permits.
Built in 1908 and sold strictly 'as-is,' the property requires substantial 'TLC' and capital investment to address deferred maintenance and modernization.
The listing notes unverified additional square footage with no seller representations on permits, placing the burden of due diligence and potential legalization on the buyer.
Just one mile from USC, this versatile two-story home is a duplex fantastic opportunity. The property includes 7 bedrooms, 4 bathrooms, and a detached two-car garage. It sits on a 5,872-square-foot lot, divided into two separate levels—one on top and one on the bottom. The home needs TLC, the property sits on such a great location of the USC redevelopment area. While the additional square footage adds value, buyers should verify any permitting requirements with the city, as the seller makes no representations about them. The property is being sold strictly as-is and will be conveyed in as-is condition. This lot also offers incredible potential for adding units or redevelopment—just check with the city for all zoning and permit details. Home is being sold as is
No exterior & parking available.
Grades K-5 • 0.4 mi
Grades K-5 • 0.5 mi
Grades K-5 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 7.0 | 3.0 |
| Baths | 4.0 | 2.0 |
| Square foot | 1,850 | 1,672 |
| Lot Size | 5,872 | 6,067 |
| Price | $899.0K | $1.37M |
| Price per sq ft | $486 | $801 |
| Built year | 1908 | 1939 |
| HOA | $0 | $348 |
| Days on market | 37 | 56 |
Jun 15, 2026
$899,000
Initial Listing