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    1360 W 24th Street

    Los Angeles (City), CA 90007
    • $2,300,000
    • STATUS: Active
    • ON SITE: 16 days
    • ID#: RS20203381
    UPDATED: 23 min ago
    $2,300,000
    • 0
      BEDS
    • 0.13
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,100
      SQFT
    • $561
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    2015
    County:

    School Ratings & Info

    Description

    Newly built in 2015. USC bus tram course "A"The student housing triplex located at 1360 W 24th St. 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 theUniversity of Southern California and a 5-minute drive from Downtown LA.The property is separately metered for all utilities and is gated forthe security of tenants. The units are spacious and potentiallysuitable 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 renewtheir option and will be delivered vacant allowing a new buyerflexibility to lease them out at market rents.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-20T13:30:50.623. 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/110658522
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    1360 W 24th Street Los Angeles (City), CA 90007

    • Price: $2,300,000
    • Status: Active
    • Updated: 23 min ago
    • ID#: RS20203381
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.13
    Acres
    4,100
    SQFT
    $561
    $/SQFT
    2015
    Built
    Neighborhood:
    C16 - Mid Los Angeles
    County:
    Los Angeles
    Area:
    C16 - Mid Los Angeles
    Property Description
    Newly built in 2015. USC bus tram course "A"The student housing triplex located at 1360 W 24th St. 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 theUniversity of Southern California and a 5-minute drive from Downtown LA.The property is separately metered for all utilities and is gated forthe security of tenants. The units are spacious and potentiallysuitable 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 renewtheir option and will be delivered vacant allowing a new buyerflexibility to lease them out at market rents.
    Exterior Features

    Construction Materials Stucco Entry Level 1 Garage Spaces 0.00 Lot Features 2-5 Units/Acre Lot Size Source Assessor Lot Size Units Square Feet Parking Features Driveway Parking Total 0.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Spa Features None Spa YN No View None View YN No

    Interior Features

    Appliances DishwasherFreezerTankless Water Heater Appliances YN Yes 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 No Common Walls Cooling Central Air Cooling YN Yes Fireplace Features None Fireplace YN No Flooring Laminate Heating Central Heating YN Yes Laundry Features In Closet Levels Two Window Features Double Pane Windows

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Community Features ParkStreet LightsUrban Country Us Elevation Units Feet Gross Income 162699.00 Gross Operating Income 156096.00 Gross Scheduled Income 163.00 Insurance Expense 1500.00 Land Lease YN No Laundry YN Yes Net Operating Income 113796.00 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 Number Of Units Leased 1 Operating Expense 42300.00 Operating Expense Percent 27.00 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All Utilities Total Actual Rent 3450.00 Total Expenses 42300.00 Trash Expense 3000.00 Vacancy Allowance Rate 4.00 Walk Score 93 Water Source Public Year Built Source Assessor Zoning Lar4

    Listing provided courtesy of James Oh of All Merits Realty and Daniel Lewin of Dan Lewin, Broker


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-10-20T13:30:50.623. 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