1857 W 24Th Street

Los Angeles, CA 90018

$975,000

List Price

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1962

calendar_month Built

Property Description

This well-maintained quadplex 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, and AC upgrade and available for viewing via lockbox. The other units have long-term tenants and reliable income but fewer upgrades. 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!

Listing Information

List Price $975,000
Status Active
MLS OC24219789
HOA $0
Type Residential Income
Subtype Quadruplex
Year Built 1962
Lot Size 6,652
Structure Size N/A
DOM 1
Courtesy Of The Oppenheim Group
Listing Agent Reza Shirangi DRE#01293969

Interior Features

Laundry Information
Location(s) None
Total Bedroom
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Exterior Information

Maps

Listing information courtesy of: Reza Shirangi, The Oppenheim Group 949-466-0920. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 25th, 2024 at 1:32 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.