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16-Bedroom Residential Income - 1431 W 24th Street, Los Angeles, CA

$1,495,000

1431 W 24th Street, Los Angeles, CA

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Description

Savvy investors, don't miss this turnkey property with 7.8 cap 10.5 GRM performance. This historic Quadruplex is located a mile from USC Village, and has great access to USC transportation, the Metro Expo Line, freeways and City transportation. The units are attached with two downstairs and two upstairs, and each is about 1100 SF. Units have all been remodeled and updated and have 4 bedrooms and 2 baths for a total of 16 bedrooms and 8 baths. The units have tankless water heaters, central AC/heat, laundry machines, fully equipped kitchens and furnished common spaces. Each unit is separately metered for gas and electricity. Furnished bedrooms are rented primarily to students with furnished living rooms and well-appointed kitchens.

Property details

Bedrooms
16
Bathrooms
8
Square feet
4,320
Year built
1913
Property type
Residential Income
Lot size
3,244 sqft

Location

1431 W 24th Street • Los Angeles, CA 90007

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Listed by

Christopher Mitchell · Keller Williams Realty Tehachapi

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