$ 1,499,000
-
$1,499,000
Price -
16
Bed -
8
Bath -
4,320
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing X80824 - C111669
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.
Listing Highlights
Status
Active
Days on Site
45
Property Type
Multi-Family
MLS ®
25615627
Year Built
1913
Total Square Footage
4,320
Lot/Acreage
0.07
County
Los Angeles
Interior Details
- Bedrooms: 16
- Bathrooms: 8 Full
- Appliances: Free Standing Gas, Gas/Electric Range, Microwave
- Air Cond: Central,Air Conditioning
- Heating: Central,Natural Gas
- Fireplaces:
- Floor: Ceramic Tile,Carpet,Wood,Wood Laminate
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Remodeled,Tile,Low Flow Toilet(s),Furnished,Crown Moldings,Counter Top,Quartz Counters
- Water:
Exterior Details
- Lot Description: Curbs,Fenced,Gutters,Street Paved,Street Lighting,Street Asphalt,Sidewalks
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LARD2
- Roof:
- Others: Updated/Remodeled
- Sewer: In Street
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
1431 W 24th St Los Angeles, CA 90007
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
