1554 E 24th Street, Los Angeles, California 90011, Los Angeles, 90011 - 2 bed, 1 bath
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Los Angeles, California 90011
Analysis of 1554 E 24th Street, Los Angeles, California 90011 is currently available with a list price of $499,900. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1907, this property is over 100 years old and being sold bank-owned and strictly 'as-is' with no repairs, credits, or termite clearance. While the description mentions cosmetic improvements, the age of the structure and the lack of information regarding HVAC or electrical upgrades in a distressed sale suggest significant deferred maintenance and the need for a full rehab.
Listed under $500,000, this property represents a rare opportunity to acquire a detached single-family home in Los Angeles at a highly accessible price point for investors or first-time buyers.
The property boasts excellent proximity to Downtown Los Angeles, major freeways, and public transportation, offering significant convenience for commuters and easy access to major employment centers.
The inclusion of a gated perimeter and a private driveway provides essential security and coveted off-street parking, which are premium features in this high-density metropolitan area.
The property is sold strictly 'As-Is' with no seller repairs, credits, or warranties, placing the full burden of renovation costs and due diligence on the buyer.
Being bank-owned and currently occupied, the sale may involve complex logistical hurdles regarding possession, property access, and potential legal requirements to vacate the premises.
A rare opportunity to own a gated single-family home listed under $500,000 in Los Angeles. The property offers driveway parking and a private, low maintenance yard with the potential to create your own private oasis. The home reflects cosmetic improvements while leaving room for additional updates and personalization. Conveniently located with easy access to Downtown Los Angeles, major freeways, shopping, employment centers, and public transportation.Property is being sold AS IS. Seller will make no repairs, provide no credits, no home warranty, and no termite clearance. Bank owned and currently occupied. Buyer to verify all information, including permits, square footage, and any improvements, to their own satisfaction.
No exterior & parking available.
Grades K-5 • 0.2 mi
Grades K-5 • 0.6 mi
Grades K-5 • 0.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 650 | 1,672 |
| Lot Size | 2,079 | 6,067 |
| Price | $499.9K | $1.37M |
| Price per sq ft | $769 | $801 |
| Built year | 1907 | 1939 |
| HOA | $0 | $348 |
| Days on market | 9 | 56 |
Jul 13, 2026
$499,900
Initial Listing
Dec 2, 2021
$410,000
Public Record
Mar 23, 2006
$285,000
Public Record
Aug 6, 2003
$80,000
Public Record