1857 W 24th Street

Los Angeles, CA 90018
$975,000
0.15 acres | #OC24219789
Courtesy of The Oppenheim Group

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!

  • Property Details
      • Stories:2
      • Lot description:TwoToFiveUnitsAcre
      • Acres:0.1527
      • Property type:Multi-Family
      • Year built:1962
      • Sewer information:PublicSewer
      • Utility source:Public
      • County:Los Angeles
      • Original List Price:$975, 000
      • MLS #:OC24219789
      • Cost:975000
      • Property subtype:Quadruplex
      • MLS #:OC24219789

Location

The Alcantara GroupReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
$0.00
Loan Amount
$0.00