1155 W 24Th Street, Los Angeles, CA 90007

$1,340,000
2,489
SqFt
List Price
$1,340,000
Status
ACTIVE
MLS#
20606674
Year Built
1905
Living Sq. Ft
2,489
Lot Size
5,874
Acres
0.13
Days on Market
355
Property Type
Multifamily

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.

Additional Information

Appliances
Dishwasher, Disposal, Microwave
Number Of Units Total
2
Unit One Total Units
1
Unit One Beds
6
Unit One Baths
4
Unit One Actual Rent
6650.00
Unit One Total Rent
6650.00
Unit One Pro Forma
6850
Unit One Furnished
Unfurnished
Unit Two Total Units
1
Unit Two Beds
1
Unit Two Baths
1
Unit Two Actual Rent
2050.00
Unit Two Total Rent
2050.00
Unit Two Pro Forma
2450
Unit Two Furnished
Unfurnished

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Davis Saadian from BRC Advisors- BH

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.