$ 1,499,000
-
$1,499,000
Price -
32
Bed -
16
Bath -
4,320
SqFt
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About the Listing CLW-X80824 - CLW-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
Interior Details
- Bedrooms: 32
- Bathrooms: 16 Full
- Appliances: Disposal, Gas Range, Microwave, Refrigerator, Vented Exhaust Fan, Dryer, Washer
- Air Cond: Central Air
- Heating: Central,Natural Gas
- Fireplaces:
- Floor: Carpet,Wood
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other: Ceiling Fan(s),Crown Molding,Furnished
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LARD2
- Roof:
- Others: Updated/Remodeled,Redwood Siding,Wood Siding,2+ Total Units
- Sewer: Other
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 5054025017
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Questions About..
1431 W 24th St Los Angeles, CA 90007
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