Los Angeles, CA 90018,1857 W 24th ST
Los Angeles, CA 90018,1857 W 24th ST
Los Angeles, CA 90018,1857 W 24th ST
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$975,000
Est. payment /mo
2,552 SqFt
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UPDATED:

10/24/2024 10:43 PM

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


Read Less Info
California Regional MLS (CRMLS)
Listed by Reza Shirangi • The Oppenheim Group • Reza@ogroup.com

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