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Image 1 - 1431 W 24th St, Los Angeles, California, 90007 - House for sale
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W Th St, Los Angeles, Home For Sale
1431 W 24th St, Los Angeles, California, 90007

W Th St, Los Angeles, Home For Sale

house for sale
Listed: 07/05/24

1431 W 24th St, Los Angeles, California, 90007

16 Bed:
8 Bath:
4,320 Sq Ft Living Area:
Save
Price
$ 1,95M

About This House

Attention investors: Looking for a well performing turn-key property within theUSC DPSZone? This well-maintained quadruplex, located just a mile from USC Village, offers excellent access to USC transportation, the Metro Expo Line, freeways, and city transportation. Currently generating$145, 844in rental income with low expenses, this property boasts a solid 5.59% cap rate. As we approach the peak student rental season, current vacancies are expected to be filled, potentially increasing the annual rental income by up to$52, 800.The building consists of four remodeled and updated units, each approximately1, 100square feet. With two units downstairs and two upstairs, every unit features 4 bedrooms and 2 bathrooms, totaling 16 bedrooms and 8 bathrooms. Modern amenities include tankless water heaters, central AC and heat, …  Full description

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Pico-Union Housing & Living

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.