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$ 1,499,000
Est. payment /mo
New
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

© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Listed by Amalia Ochoa • The Proud Crowd Inc.






