Welcome to 1827 W 24th St, a turnkey 4 unit investment property located in West Adams. The two structures consist of a balanced mix of (1) 3 bedroom **VACANT**, (1) 2 bedroom, and (2) 1 bedroom units with gated parking and 3 garage/flex spaces ideal for ADU conversion. Extensive renovations… Read More were completed in 2017 including new sewer line, roof, electrical panel, and foundation upgrades with 3 out of 4 units fully remodeled. Value add and upside potential with one unit well under market value and ADU possibilities. More features include in-unit laundry, GE appliances, mature landscaping, fenced yard, and DTLA views from balcony. This stabilized asset with future upside is located near USC, Metro Line, 10 Freeway, and many new development sites making this an ideal addition to your portfolio or 1031 exchange. A Must See! Read Less
Listing Snapshot
Days Online
43
Last Updated
Property Type
Other
Beds
7
Square Ft.
3,780
Lot Size
0.15 Acres
Year Built
1920
MLS Number
25569193
30 Days Snapshot Of 90018
$1.04M
+31%
(avg) sold price
13
+44%
homes sold
80
-10%
(avg) days on market
Snapshot
Area Map
Additional Details
Appliances & Equipment
Dishwasher, Disposal, Refrigerator, Dryer, Washer
Building
Built in 1920, Building area total: 3,780, Levels: Two, Living area: 3780, 2 stories, 2 buildings
Heating
WallFurnace
Income
Gross income: $116,292, Net operating income: $83,663
Lot
0.1527 acres, 6,651 square feet, Size: 6,651
Parking
4 totals parking
Property
Zoning: LARD2
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. 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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