1857 W 24Th Street
Los Angeles, CA 90018
Active Under Contract for $975,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 6,652 sqft
MLS | OC24219789 |
Year Built | 1962 |
Property Type | Quadruplex |
County | Los Angeles |
Status | Active Under Contract |
Active Under Contract | $975,000 |
Structure Size | N/A sqft |
Lot Size | 6,652 sqft |
Beds | N/A |
Baths | N/A |
Description
This well-maintained quadruplex 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, AC upgrade, and 7 parking spots in total. The other units have long-term tenants and reliable income. 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 courtesy of: Reza Shirangi, The Oppenheim Group 949-466-0920. *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 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.