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1360 W 24TH Street

Los Angeles (City), CA 90007
  • $2,395,000
  • STATUS: Active
  • ON SITE: 45 Days
  • ID#: 22144603
UPDATED: 27 min ago
$2,395,000
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2015
County:

School Ratings & Info

Listing Agent(s): Davis Saadian of Keller Williams Beverly Hills (310-432-6400)


Description

We are pleased to offer for sale this brand new 2015 construction, Non-rent control eleven (11) bedroom + eleven (11) bathroom student housing investment opportunity, located within the DPS Patrol Zone, and walking distance to the USC campus & University Village.This investment features brand new hardwood floors, new copper plumbing, quartz counter-tops, stainless steel kitchen appliances, tiled showers with glass enclosures, and new in-unit washer & dryers. The property is approximately 4,100 rentable square feet on a 5,741 square foot lot and is comprised of two (2) separate structures, with a unit mix consisting of two (2) 3-bedroom + 3-bathroom units, and one (1) 5-bedroom + 5-bathroom unit. The property is currently being rented out as an Airbnb until August 2022, collecting gross rents of $11,000/month. As a student housing investment, this asset can easily collect approximately $1,250/room, generating a total $13,750/month. The subject property offers residents a highly desirable location - providing easy access to all of USC's landmarks, academic buildings, and entertainment options.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-24T08:29:38.183. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
www.legacy15.com/homes/127517399
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1360 W 24TH Street Los Angeles (City), CA 90007

  • Price: $2,395,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 27 min ago
  • ID#: 22144603
0
Beds
0
Baths
0
½ Baths
0.13
Acres
2015
Built
Neighborhood:
C16 - Mid Los Angeles
County:
Los Angeles
Area:
C16 - Mid Los Angeles
Property Description
We are pleased to offer for sale this brand new 2015 construction, Non-rent control eleven (11) bedroom + eleven (11) bathroom student housing investment opportunity, located within the DPS Patrol Zone, and walking distance to the USC campus & University Village.This investment features brand new hardwood floors, new copper plumbing, quartz counter-tops, stainless steel kitchen appliances, tiled showers with glass enclosures, and new in-unit washer & dryers. The property is approximately 4,100 rentable square feet on a 5,741 square foot lot and is comprised of two (2) separate structures, with a unit mix consisting of two (2) 3-bedroom + 3-bathroom units, and one (1) 5-bedroom + 5-bathroom unit. The property is currently being rented out as an Airbnb until August 2022, collecting gross rents of $11,000/month. As a student housing investment, this asset can easily collect approximately $1,250/room, generating a total $13,750/month. The subject property offers residents a highly desirable location - providing easy access to all of USC's landmarks, academic buildings, and entertainment options.
Exterior Features

Parking Features Driveway Parking Total 4

Interior Features

Appliances DishwasherDisposalMicrowaveRefrigeratorDryerWasher Flooring Wood

Property Features

Association Fee 0 Gross Income 165000 Listing Agreement Seller Reserved Listing Service Full Service Net Operating Income 127230 New Construction YN No Senior Community YN No Special Listing Conditions Standard Vacancy Allowance Rate 0 Zoning Lar4



Based on information from California Regional Multiple Listing Service, Inc. as of 2022-05-24T08:29:38.183. 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 Legacy 15 Real Estate Brokers. Licensed in the State of California, USA.
 
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Legacy 15 Real Estate Brokers
22521 Avenida Empresa Suites 100 & 102
Rancho Santa Margarita CA, 92688
Listing Agent(s): Davis Saadian of Keller Williams Beverly Hills (310-432-6400)