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1827 W 24TH St

Los Angeles, CA 90018
  • $1,695,000
  • STATUS: Active
  • ON SITE: 36 Days
  • MLS #: 22-148767
UPDATED: 17 min ago
$1,695,000
  • 7
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,780
    SQFT
  • $448
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1920
County:

School Ratings & Info

Description

Welcome to 1827 W 24th St, A 4-Unit, turnkey investment property located in West Adams. Extensive renovations in 2017 include a beautiful remodel to 3 of 4 units and exteriors. New sewer line, roof, and electric panel, foundation upgrade. The balanced Unit Mix consists of one 3+2, one 2+1 and two 1+1's. The 3 +2 to be delivered VACANT. Property features gated parking, 3 garage/flex spaces, GE appliances, in-unit washer/dryers, mature landscaping, fenced yard and DTLA views from the balcony. This stabilized income property with over 20% upside also has potential to add an ADU in the existing 3 garages. Live in one unit while generating income from the others or add this great investment to the portfolio. Close to all your favorite new restaurants and happenings of West Adams / Jefferson Park / USC area. This property is a must see!

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Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-28T21:43:03.17. 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.
www.markwiseproperties.com/homes/127937770
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1827 W 24TH St Los Angeles, CA 90018

  • Price: $1,695,000
  • Status: Active
  • On Site: 36 Days
  • Updated: 17 min ago
  • MLS #: 22-148767
7
Beds
0
Baths
0
½ Baths
N/A
Acres
3,780
SQFT
$448
$/SQFT
1920
Built
Neighborhood:
Mid Los Angeles
County:
Los Angeles
Area:
Mid Los Angeles
Property Description
Welcome to 1827 W 24th St, A 4-Unit, turnkey investment property located in West Adams. Extensive renovations in 2017 include a beautiful remodel to 3 of 4 units and exteriors. New sewer line, roof, and electric panel, foundation upgrade. The balanced Unit Mix consists of one 3+2, one 2+1 and two 1+1's. The 3 +2 to be delivered VACANT. Property features gated parking, 3 garage/flex spaces, GE appliances, in-unit washer/dryers, mature landscaping, fenced yard and DTLA views from the balcony. This stabilized income property with over 20% upside also has potential to add an ADU in the existing 3 garages. Live in one unit while generating income from the others or add this great investment to the portfolio. Close to all your favorite new restaurants and happenings of West Adams / Jefferson Park / USC area. This property is a must see!
Exterior Features

Levels Two Lot Description Fenced YardLot-Level/Flat Lot Size Area 6649 Other Structures Other Parking Garage Driveway Gate Total Parking 4

Interior Features

Baths Total 5.00 Cooling Wall Unit(S) Equipment DishwasherDryerFreezerGarbage DisposalHood FanRange/OvenRefrigeratorWasher Heating Wall Laundry In Unit

Property Features

Gross Income 102266 Gross Operating Income 102266 Like Units1 1 Like Units2 1 Like Units3 1 Like Units4 1 Net Operating Income 0.00 Number Of Buildings 3 Number Of Units 4 Owner Pays WaterGardener Property Condition Updated/Remodeled Rent Control YN Yes Sale Type Standard Security Features Gated Source Living Area Assessor Source Lot Size Area Assessor Tenant Pays Cable TvElectricityGas Total Annual Expense 0 Type Of Units Apartments Water Heaters YN Yes Year Built Source Assessor Zoning Lard2

Listing provided courtesy of Nicholas Fichera DRE#01932217 of Figure 8 Realty.


Based on information from the Combined LA/Westside Multiple Listing Service as of 2022-05-28T21:43:03.17. 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.
 
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Mark Wise | Bennion Deville Homes
71691 Highway 111
Rancho Mirage CA, 92270