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1431 W 24th Street
USD 1,950,000
Property ID: 24408595
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1431 W 24th Street ,90007
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icon 3244 SqFt
icon Built in 1913
icon USD 601/SqFt
icon 16 Beds
icon 8 Full
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Location
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Interior Details
Bedrooms
16
Bathrooms
8
Interior Size
4320
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1913
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Detailed Introduction Of This Home
ATTENTION INVESTORS: Looking for a well performing turn-key property within the USC DPS Zone? This well-maintained quadruplex, located just a mile from USC Village, offers excellent access to USC transportation, the Metro Expo Line, freeways, and city transportation. Currently generating $145,844 in rental income with low expenses, this property boasts a solid 5.59% cap rate. As we approach the peak student rental season, current vacancies are expected to be filled, potentially increasing the annual rental income by up to $52,800. The building consists of four remodeled and updated units, each approximately 1,100 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. Bedrooms are currently rented to students and are equipped with a bed, desk, and mini-fridge. Don't miss out on this prime investment opportunity!
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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Photos (27)
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1431 W 24th Street
USD 1,950,000 16 Beds
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