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    1360 W 24th Street

    Los Angeles (City), CA 90007
    • $2,300,000
    • STATUS: Active
    • ON SITE: 29 days
    • ID#: PW20199765
    $2,300,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,908
      SQFT
    • $589
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2015
    County:

    School Ratings & Info

    Description

    We are pleased to present the student housing triplex located at 1360 W 24th St .Built in 2015, the property consists of one 5 Bed/ 5 Bath unit and two 3 Bed / 3 Bath units. The property is in an excellent student housing location, one mile from the University of Southern California and a 5-minute drive from Downtown LA. The property is separately metered for all utilities and is gated for the security of tenants. The units are spacious and potentially suitable for double occupancy. One unit is leased currently. Two of the three (3 Bed and 5 bed) units were master-leased to a tenant who elected not to renew their option and will be delivered empty allowing a new buyer flexibility to lease them out at market rents.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-24T00:30:52.613. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

    www.themarellygroup.com/homes/110330164
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    1360 W 24th Street Los Angeles (City), CA 90007

    • Price: $2,300,000
    • Status: Active
    • ID#: PW20199765
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    3,908
    SQFT
    $589
    $/SQFT
    2015
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    We are pleased to present the student housing triplex located at 1360 W 24th St .Built in 2015, the property consists of one 5 Bed/ 5 Bath unit and two 3 Bed / 3 Bath units. The property is in an excellent student housing location, one mile from the University of Southern California and a 5-minute drive from Downtown LA. The property is separately metered for all utilities and is gated for the security of tenants. The units are spacious and potentially suitable for double occupancy. One unit is leased currently. Two of the three (3 Bed and 5 bed) units were master-leased to a tenant who elected not to renew their option and will be delivered empty allowing a new buyer flexibility to lease them out at market rents.
    Exterior Features

    Garage Spaces 0.00 Lot Features Level With Street Lot Size Source Assessor Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Laundry Features Inside

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features Curbs Country Us Electric Expense 200.00 Elevation Units Feet Fuel Expense 200.00 Gross Income 0.00 Gross Scheduled Income 36864.00 Insurance Expense 1500.00 Land Lease YN No Laundry YN Yes Maintenance Expense 3000.00 Net Operating Income 774.00 New Construction YN No New Taxes Expense 27370.00 Number Of Separate Electric Meters 3 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Operating Expense 36090.00 Other Expense 1500.00 Other Expense Description Reserves Professional Management Expense 1920.00 Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Total Expenses 36090.00 Trash Expense 200.00 Vacancy Allowance Rate 4.00 Water Sewer Expense 200.00 Water Source Public Year Built Source Public Records Zoning Lar4

    Listing provided courtesy of Rafael Lopez of Dan Lewin, Broker and Daniel Lewin of Dan Lewin, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-24T00:30:52.613. 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 deemed reliable but is not guaranteed accurate by the MLS or The Marelly Group | Compass. Licensed in the State of California, USA.

     
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    The Marelly Group | Compass
    5256 South Mission Rd, Suite 1006
    Bonsall CA, 92003