1431 W 24th Street, Los Angeles, CA 90007
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
1431 W 24th Street,Los Angeles, CA 90007
$1,499,000
- 16 Beds
- - Baths
- 4,320 sq. ft.
- Multi-family
- Active
Listed by: amalia ochoa
Office: the proud crowd inc.
MLS#:CL25615627
Source:CA_BRIDGEMLS
Price summary
- Price:$1,499,000
- Price per sq. ft.:$346.99
About this home
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.
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Home facts
- Year built:1913
- Listing ID #:CL25615627
- Added:50 day(s) ago
- Updated:December 27, 2025 at 04:37 AM
Rooms and interior
- Bedrooms:16
- Living area:4,320 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central, Natural Gas
Structure and exterior
- Year built:1913
- Building area:4,320 sq. ft.
- Lot area:0.07 Acres
Finances and disclosures
- Price:$1,499,000
- Price per sq. ft.:$346.99
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