Los Angeles, CA 90007,1431 W 24th ST
Los Angeles, CA 90007,1431 W 24th ST
Los Angeles, CA 90007,1431 W 24th ST
Los Angeles, CA 90007,1431 W 24th ST
Los Angeles, CA 90007,1431 W 24th ST
Los Angeles, CA 90007,1431 W 24th ST
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$ 1,499,000
Est. payment | /mo

16 Beds

8 Baths

4,320 SqFt


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$ 1,499,000
Est. payment | /mo
Save

16 Beds

8 Baths

4,320 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 4,320 sqft

Price per Sqft $346

MLS Listing ID 25615627

Bedrooms 16

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1913

Lot Size 3,245 Sqft

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

Area C16 - Mid Los Angeles

Zoning LARD2

Interior

Interior Features Ceiling Fan(s), Crown Molding, Furnished

Heating Central, Natural Gas

Cooling Central Air

Flooring Carpet, Wood

Fireplaces Type None

Fireplace No

Appliance Disposal, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan, Dryer, Washer

Laundry Stacked

Exterior

Parking Features None

View Y/N No

View None

Accessibility None

Porch Front Porch

Building

Faces South

Story 2

Entry Level Two

Foundation Raised

Sewer Other

Architectural Style Craftsman

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 5054025017

Security Features Carbon Monoxide Detector(s),Key Card Entry,Smoke Detector(s)

Financing Cash

Special Listing Condition Standard

CRMLS – RECore
Listed by Amalia Ochoa The Proud Crowd Inc.
Seth Aichle

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 310-7123

seth@aichlerealestate.com

402 S. Pacific St., Oceanside, California, 92054, USA

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1431 W 24th ST