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.
How many bedrooms does this multi-family home have?
There are 16 bedrooms in this multi-family home at 1431 W 24th Street.
How does 1431 W 24th Street compare to other multi-family homes in Adams - Normandie?
This multi-family home is listed 3% above the average price for multi-family homes in Adams - Normandie and has been on the market for 100 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 4,320 sqft.
1431 W 24th Street is a 16-bedroom multi-family home for sale in Los Angeles CA 90007. Listed on Prevu for 37 days at $1,499,000. This home features 4,320 square feet of living space, located in Adams - Normandie. The median listing price for multi-family homes in this area is $1,300,000. The home offers private outdoor space, air conditioning, and washer/dryer. Explore more multi-family home listings in Los Angeles.
Based on information from California Regional Multiple Listing Service, Inc. and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by Prevu or the MLS. Information is provided exclusively for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing.
Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.
