1857 W 24th ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90018
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,552 sqft
Price per Sqft $382
MLS Listing ID OC24219789
HOA Y/N No
Year Built 1962
Lot Size 6,651 Sqft
Acres 0.1527
Property Description
This well-maintained quadplex features three occupied units, each generating $1,300/month, with a 4% rent increase coming in February 2025. Unit 1 is vacant, recently renovated with a kitchen, fridge, and AC upgrade and available for viewing via lockbox. The other units have long-term tenants and reliable income but fewer upgrades.
The property recently passed a city inspection, with all issues addressed. Each 650 sq. ft.(Approx) unit has the same spacious layout. Tenants pay for all utilities except water. All four water heaters have been replaced in the last two years. Dedicated parking for each unit. Great investment potential!
Location
State CA
County Los Angeles
Area C16 - Mid Los Angeles
Zoning LARD1.5
Rooms
Ensuite Laundry None
Interior
Laundry Location None
Heating Wall Furnace
Fireplace No
Laundry None
Exterior
Garage Assigned
Pool None
Community Features Sidewalks
Parking Type Assigned
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 5058022021
Acceptable Financing Cash,Conventional,1031 Exchange
Listing Terms Cash,Conventional,1031 Exchange
Special Listing Condition Standard