Los Angeles, CA 90007,1431 W 24th Street
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Los Angeles, CA 90007,1431 W 24th Street
Los Angeles, CA 90007,1431 W 24th Street
Los Angeles, CA 90007,1431 W 24th Street
Los Angeles, CA 90007,1431 W 24th Street
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1431 W 24th Street Los Angeles, CA 90007

16 Beds

4,320 SqFt


UPDATED:

Key Details

Property Type Single Family Home

Sub Type OTHER

Listing Status Active

Purchase Type For Sale

Square Footage 4,320 sqft

Price per Sqft $346

MLS Listing ID CL25615627

Bedrooms 16

HOA Y/N No

Year Built 1913

Lot Size 3,244 Sqft

Acres 0.07

Property Sub-Type OTHER

Property Description

Turn-key property within a mile from USC Village. Updated and well-maintained quadruplex, conveniently offers excellent access to USC transportation, the Metro Expo Line, freeways, and city transportation. The building consists of four remodeled and updated units, each approximately 1,080 square feet. With two units downstairs and two upstairs, every unit features 4 bedrooms and 2 bathrooms, totaling 16 bedrooms and 8 bathrooms. Modern amenities include tankless water heaters, central AC and heat, laundry machines, fully equipped kitchens, and furnished common spaces. Each unit is separately metered for gas and electricity. Units are fully furnished and each room is rented independently collecting from $700 to $1,024 per room each month. With rents at market and full occupancy, gross annual income is $163,200 and cap rate is 9.13%. Tax savings may be available as the building is registered, and under a Mills Act contract. Broker does not guarantee the accuracy of square footage, lot size or other info concerning conditions or features of the property provided by the seller or obtained from public records. Buyer and buyer agents are advised to conduct due diligence.

Location

State CA

County Los Angeles

Zoning LARD

Interior

Heating Natural Gas, Central

Cooling Central Air

Flooring Carpet, Wood

Fireplace No

Laundry Dryer, Washer, Other

Exterior

View Y/N false

View None

Building

New Construction No

Others

Tax ID 5054025017


Bridge MLS
Listed by Amalia Ochoa • The Proud Crowd Inc.
Devin Ratoosh

Devin Ratoosh

Broker Associate | License ID: r01820096

+1(510) 919-5499

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1431 W 24th Street