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POWERED BY PURLIN.AI

1431 W 24th St

los angeles, CA 90007

$1,499,000

  • 16 BR
    APPROX. 4,320 SF

INTERESTED? LET'S CONNECT

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.

Details

4,320 Sq Ft

3,244 Sq Ft Lot Size

Investment

Built in 1913

MLS/Listing ID 25615627

2 Stories

4 Units

Amenities & Features

Heating - Natural Gas

Furnished

Raised

Carpet

Ceramic Tile

Laminate

Natural Wood

Style - Craftsman

Microwave

Double Pane Windows

Screens

In Unit Laundry

CLAW

estimate my mortgage

TOTAL MONTHLY COST

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