We are pleased to offer for sale this four (4) unit investment opportunity located at 1576 W. 24th Street, just a short distance from the internationally renowned University of Southern California (USC). This two-story building, consisting of one structure, was constructed of wood frame and stucco on a raised foundation built in 1923 with a square footage of 3,040 on a 2,456-square foot lot. The building has been reinforced and upgraded in compliance with the latest city codes and regulations, and is comprised of a remarkable unit mix, consisting of four (4) 1+1 units. The subject property is 100% occupied, and is subject to the City of Los Angeles rent control regulation. The investment boasts spacious floor plans, secured gated entry, washer & dryers within 3 of the 4 units, new silicone roof, double pane windows, and individually metered for gas and electricity.
Off market
$809,400
1576 W 24th St, Los Angeles, CA 90007
4beds
4baths
3,040sqft
MultiFamily
Built in 1923
-- sqft lot
$809,400 Zestimate®
$266/sqft
$2,913 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Cooling
- Other
Appliances
- Included: Range / Oven
Interior area
- Total interior livable area: 3,040 sqft
Property
Lot
- Size: 2,456 sqft
Details
- Additional structures: Other
Construction
Type & style
- Home type: MultiFamily
Condition
- Year built: 1923
Community & neighborhood
Location
- Region: Los Angeles
Other
Other facts
- County: Los Angeles
- ListingArea: Mid Los Angeles
- ListingStatus: Active
- PropertyType: Residential Income
- SourceLivingArea: Vendor Enhanced
- Equipment: Other
- Cooling: Other
- SourceLotSizeArea: Vendor Enhanced
- Heating: Other
- ParkingGarage: Other
- UnitTypeType: 2106, 2107, 2108, 2109
- OtherStructures: Other
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Estimated market value
$809,400