This well-maintained quadruplex 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, AC upgrade, and 7 parking spots in total. The other units have long-term tenants and reliable income.
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!
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!
Property Details
Price:
$975,000
MLS #:
OC24219789
Status:
Active Under Contract
Baths:
0
Address:
1857 W 24th Street
Type:
Residential Income
Subtype:
Quadruplex
Neighborhood:
c16midlosangeles
City:
Los Angeles
Listed Date:
Oct 24, 2024
State:
CA
ZIP:
90018
Lot Size:
6,652 sqft / 0.15 acres (approx)
Year Built:
1962
See this Listing
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Schools
Interior
Heating
Wall Furnace
Exterior
Community Features
Sidewalks
Garage Spaces
0.00
Lot Features
2-5 Units/ Acre
Parking Features
Assigned
Parking Spots
7.00
Pool Features
None
Sewer
Public Sewer
Stories Total
2
Water Source
Public
Financial
Association Fee
0.00
Map
Community
- Address1857 W 24th Street Los Angeles CA
- AreaC16 – Mid Los Angeles
- CityLos Angeles
- CountyLos Angeles
- Zip Code90018
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Courtesy of The Oppenheim Group. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2024. California Regional Multiple Listing Service. All rights reserved.1857 W 24th Street
Los Angeles, CA
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