$1,499,000

1431 W 24th Street, Los Angeles, CA 90007

  • 16 beds
  • 4,320 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1913
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $347/sqft
  • Property List Date Icon Listed 2 days ago

Property Description

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.

Listing Status:
Active
Date Added:
November 6, 2025 at 06:00AM
Listing Office:
The Proud Crowd Inc. : 310-601-7436
Listing Agent:
Amalia Ochoa : 310-601-7436
MLS ID:
CL25615627
  • Laundry: DryerWasherOther
  • Flooring: CarpetWood
  • A/C: Central Air
  • Heating: Natural GasCentral
  • Parking: None
  • General: Wood SidingRedwood Siding
  • County: Los Angeles
  • Zoning: LARD5054025017
  • View: None

This listing courtesy of Amalia Ochoa, The Proud Crowd Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Vermont Avenue Elementary

1435 W 27th St, Los Angeles, CA, 90007

Grades KG-5

0.26 miles away

S

Sophia T. Salvin Special Education Center

1925 S Budlong Ave, Los Angeles, CA, 90007

Grades KG-10

0.35 miles away

S

Sophia T. Salvin Special Education Center

1925 S Budlong Ave, Los Angeles, CA, 90007

Grades KG-10

0.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.