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    1155 W 24Th St

    Los Angeles, CA 90007
    • $1,340,000
    • STATUS: Active
    • ON SITE: 67 days
    • ID#: 20-606674
    UPDATED: 17 min ago
    $1,340,000
    • 7
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,489
      SQFT
    • $538
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1905
    County:

    School Ratings & Info

    Description

    We are pleased to offer for sale this two (2) unit, 7-bedroom + 5-bathroom Student Housing investment opportunity, located blocks away from the internationally renowned University of Southern California (USC). This historical Victorian duplex has been fully updated and remodeled, consisting of one (1) 6-bedroom + 4-bathroom private home, and one (1) extremely spacious 1-bedroom + 1-bathroom unit. The subject property is constructed of wood frame and stucco, built in 1905, with approximately 2,489 rentable square feet on a 5,874 square foot lot. The investment is 100% occupied with USC students, and fully leased for the 2020-2021 academic school year. There's a combination of vintage architectural detail and best-in-class modern interior standards. Tenants pay for all gas, electricity, trash, and water. Unit amenities include in-unit washers and dryers, hardwood floors, new kitchen appliances, five (5) on-site parking spaces, and wall-mounted flat screen televisions.

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    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-26T11:42:36.897. 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.randyplaice.com/homes/108037767
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    1155 W 24Th St Los Angeles, CA 90007

    • Price: $1,340,000
    • Status: Active
    • Updated: 17 min ago
    • ID#: 20-606674
    7
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    2,489
    SQFT
    $538
    $/SQFT
    1905
    Built
    Neighborhood:
    Mid Los Angeles
    County:
    Los Angeles
    Area:
    Mid Los Angeles
    Property Description
    We are pleased to offer for sale this two (2) unit, 7-bedroom + 5-bathroom Student Housing investment opportunity, located blocks away from the internationally renowned University of Southern California (USC). This historical Victorian duplex has been fully updated and remodeled, consisting of one (1) 6-bedroom + 4-bathroom private home, and one (1) extremely spacious 1-bedroom + 1-bathroom unit. The subject property is constructed of wood frame and stucco, built in 1905, with approximately 2,489 rentable square feet on a 5,874 square foot lot. The investment is 100% occupied with USC students, and fully leased for the 2020-2021 academic school year. There's a combination of vintage architectural detail and best-in-class modern interior standards. Tenants pay for all gas, electricity, trash, and water. Unit amenities include in-unit washers and dryers, hardwood floors, new kitchen appliances, five (5) on-site parking spaces, and wall-mounted flat screen televisions.
    Exterior Features

    Lot Size Area 5874 Other Structures None Parking Garage Covered Parking Total Parking 7

    Interior Features

    Baths Total 5.00 Cooling Air ConditioningCeiling Fan Equipment Ceiling FanDishwasherDryerGarbage DisposalMicrowave Heating None

    Property Features

    Assessed Total Value 330688 Gross Income 104400 Gross Operating Income 102312 Like Units1 1 Like Units2 1 Net Operating Income 77899.00 Number Of Buildings 1 Number Of Units 2 Sale Type Standard Source Living Area Vendor Enhanced Source Lot Size Area Vendor Enhanced Total Annual Expense 24413 Type Of Units Apartments Year Built Source Vendor Enhanced Zoning Lard2

    Listing provided courtesy of Davis Saadian DRE#01921748 of Brc Advisors- Bh.


    Based on information from the Combined LA/Westside Multiple Listing Service as of 2020-09-26T11:42:36.897. 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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    Randy Plaice and Associates | RE/MAX
    27720 Dickason Drive
    Valencia CA, 91355