$975,000
Accepting Backup Offers

1857 W 24th Street

Los Angeles, CA 90018
0.15 acres | #OC24219789
Listing OfficeThe Oppenheim Group
Browse 12 photos
Type:Multi-Family
Structure:4 Family
Zone:Residential

Description

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!

  • Property Details
      • Lot DescriptionTwoToFiveUnitsAcre
      • Stories2
    • Measurements
      • Acres0.1527
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1962
  • Utilities / Energy Details
      • Sewer InformationPublicSewer
      • Utility SourcePublic
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$975,000
  • Other
      • MLS #OC24219789

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00

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