1213 W 24th, Los Angeles, CA, 90007

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$2,138,000
81 Days On Site

1213 W 24th
Los Angeles, CA 90007

For Sale|Apartment|Active
0
Beds
0
Total Baths
3,167
SqFt
$675
/SqFt
1956
Built
County:
Los Angeles
Listed by Gina Ma of IRN Realty ginama1588@gmail.com
Call Now: 951-203-4426
Is this the listing for you? We can help make it yours.
951-203-4426
1213 W 24th1213 W 24th1213 W 24th1213 W 24th
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Monthly Payment (Est.)

$9,754
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The Best Location Location Location for Value-add USC off Campus Ten (10) bedroom + Ten (10) bathroom Student Housing investment opportunity, located in highly Desirable USC DPS Safety Patrol Zone. 100% Fully occupied by USC students Combined with parental guarantees on leases. The property is currently master leased to a reputable Property Management company until July 31, 2026. Managing Company is Currently collecting gross rents of around $15,170/month. Highly demanding...easy access to all USC's landmarks, academic buildings, and entertainment options. Zoning LAR4, more potential. The subject property is composed of two (2) separate buildings, with two (2) 3-bedroom + 3-bathroom units in the front - 1213 - 1215 W. 24th St, and a 4-bedroom + 4-bathroom brand-new ADU in the back - 1213 1/2 W 24th St. The property's front unit was updated and remodeled in 2021, and features brand new flooring, brand new plumbing/electrical, updated roof, quartz countertops, stainless steel kitchen appliances, new bath rooms, tiled showers with glass enclosures, and new in-unit washer & dryers. The back unit is a brand-new ADU recently constructed and completed in 2021 and features the same high-end finishes as the front unit, essentially delivering a brand new low maintenance properties to any buyer. The investment boasts spacious floor plans, secured gated entry, and on-site laundry. The property is approximately 3167 s.f., 5873 s.f. lot. This property has charming turn of the century details that you will adore. The asset represents a low-risk investment that is poised for continued growth and excellent operating fundamentals. Don't miss!

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Listing Snapshot
Price 
$2,138,000
Days On Site 
81 Days
Bedrooms 
N/A
Inside Area (SqFt) 
3,167 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1348 Acres
Year Built 
1956
MLS® Number 
AR26142196
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 months agoListing first seen on site
3 months agoListing updated with changes from the MLS®
General Features
Acres 
0.1348
Land Lease 
No
Number Of Stories 
1
Property Sub Type 
Apartment
Sewer 
Unknown
Special Circumstances 
Standard
SqFt Total 
3167
Water Source 
Other
Interior Features
Appliances 
Washer/Dryer Stacked
Laundry Features 
Inside
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Exterior Features
Lot Features 
Front Yard
Pool Features 
None
Community Features
Community Features 
Sidewalks
MLS Area 
C16 - Mid Los Angeles
Financing Terms Available 
CashConventional1031 Exchange
Building Access 
front


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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