1431 W 24th Street, Los Angeles, CA 90007

Local realty services provided by:Better Homes and Gardens Real Estate Lakeview Realty
1431 W 24th Street,Los Angeles, CA 90007
$1,499,000
  • 16 Beds
  • 8 Baths
  • 4,320 sq. ft.
  • Multi-family
  • Active
Listed by: amalia ochoa
Office: the proud crowd inc.
MLS#:25615627
Source:CRMLS

Price summary

  • Price:$1,499,000
  • Price per sq. ft.:$346.99

About this home

Back on the market with a new and improved price! 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. Current gross income is at $114,528. Cap rate is at 5.6% with great upside potential. Tax savings may be available as the building is registered, and under a Mills Act contract. Broker does not

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Home facts

  • Year built:1913
  • Listing ID #:25615627
  • Added:1 day(s) ago
  • Updated:November 07, 2025 at 01:38 AM

Rooms and interior

  • Bedrooms:16
  • Total bathrooms:8
  • 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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