1841 W 24th Street

    Los Angeles (City), CA 90018
    • $850,000
    • STATUS: Active
    • ON SITE: 57 days
    • ID#: SR19222476
    UPDATED: 39 min ago
    $850,000
    • 0
      BEDS
    • 0.15
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,744
      SQFT
    • $227
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1912
    County:

    School Ratings & Info

    Description

    Cap rate of over 5.0%! Great opportunity to acquire a 4-unit investment property in the West Adams District located just 1.5 walking-miles from USC. The 3,744 SF property has four spacious units and ample parking. These units are complete with breakfast nooks, formal living rooms and large bedrooms. Tenants pay all utilities except water, trash and sewer. This is a must-see property centered close to downtown and all that L.A. has to offer. (Seller is selling an additional two units as 1840 W 24th Street for a separate price.)**Do not approach tenants without Seller authorization.**

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-14T12:30:20.533. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.
    www.sellinglasouthbay.com/homes/99063325

    1841 W 24th Street Los Angeles (City), CA 90018

    • Price: $850,000
    • Status: Active
    • Updated: 39 min ago
    • ID#: SR19222476
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.15
    Acres
    3,744
    SQFT
    $227
    $/SQFT
    1912
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    Cap rate of over 5.0%! Great opportunity to acquire a 4-unit investment property in the West Adams District located just 1.5 walking-miles from USC. The 3,744 SF property has four spacious units and ample parking. These units are complete with breakfast nooks, formal living rooms and large bedrooms. Tenants pay all utilities except water, trash and sewer. This is a must-see property centered close to downtown and all that L.A. has to offer. (Seller is selling an additional two units as 1840 W 24th Street for a separate price.)**Do not approach tenants without Seller authorization.**
    Exterior Features

    Garage Spaces 4.00 Lot Features Back Yard Lot Size Source Assessor Lot Size Units Square Feet Parking Total 4.00 Pool Features None Pool Private YN No Property Attached YN No

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area 936 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls No Common Walls Heating Wall Furnace Heating YN Yes Laundry Features None

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 5.70 Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gross Income 0.00 Gross Multiplier 15.81 Gross Scheduled Income 53760.00 Insurance Expense 2400.00 Land Lease YN No Laundry YN No Net Operating Income 48760.00 New Construction YN No New Taxes Expense 1000.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 0 Operating Expense 5000.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 5000.00 Trash Expense 400.00 Water Sewer Expense 1200.00 Water Source Public Year Built Source Assessor Zoning Lard2

    Listing provided courtesy of Joel Fajardo of Keller Williams Encino-Sherman Oaks and Eric Delgado of


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-11-14T12:30:20.533. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty, LA Harbor. Licensed in the State of California, USA.
     
    Keller Williams Realty, LA Harbor
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    Rancho Palos Verdes CA, 90731