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212 E 24th Street

Los Angeles (City), CA 90011
  • $1,899,000
  • STATUS: Pending
  • ON SITE: 38 Days
  • MLS #: IG23017871
Pending
UPDATED: 114 min ago
$1,899,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
2023
County:

School Ratings & Info

Listing Agent(s): Tessa Wilkerson of Fiv Realty Co. (951-394-0820) and Nazar Kalayji of Fiv Realty Co.(951-394-0820)


Description

INCREDIBLE INCOME OPPORTUNITY! Coming soon to the market: three phenomenal rental units just a few blocks south of Downtown LA. This brand new property consists of a 4 bed 4 bath SFR in the front and a duplex in the rear, each unit a 3 bed 3 bath. Each unit is equipped with its own paid-off solar and a coordinating parking spot with an EV charging station. In total there are 5 on-site parking spots within the gated confines of the property. Each unit is separately metered for gas, electric, and water, with a separate "house" water meter for landscaping irrigation. Certificate of Occupancy is expected in the next two-three weeks, and the units will be put up for lease with a pro-forma monthly rent greater than $13,000. Don't miss out on this rare opportunity!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-31T00:28:44.623. 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 Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/137128438
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212 E 24th Street Los Angeles (City), CA 90011

  • Price: $1,899,000
  • Status: Pending
  • On Site: 38 Days
  • Updated: 114 min ago
  • MLS #: IG23017871
0
Beds
0
Baths
0
½ Baths
0.14
Acres
2023
Built
Neighborhood:
C37 - Metropolitan South
County:
Los Angeles
Area:
C37 - Metropolitan South
Property Description
INCREDIBLE INCOME OPPORTUNITY! Coming soon to the market: three phenomenal rental units just a few blocks south of Downtown LA. This brand new property consists of a 4 bed 4 bath SFR in the front and a duplex in the rear, each unit a 3 bed 3 bath. Each unit is equipped with its own paid-off solar and a coordinating parking spot with an EV charging station. In total there are 5 on-site parking spots within the gated confines of the property. Each unit is separately metered for gas, electric, and water, with a separate "house" water meter for landscaping irrigation. Certificate of Occupancy is expected in the next two-three weeks, and the units will be put up for lease with a pro-forma monthly rent greater than $13,000. Don't miss out on this rare opportunity!
Exterior Features

Lot Features LawnSprinkler System Number Of Separate Electric Meters 3 Parking Features Assigned Parking Total 5 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 1 Common Wall

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Cap Rate 6.6 Common Interest None Community Features CurbsSidewalks Garage YN No Green Energy Efficient DoorsHvacInsulationLightingRoofWater HeaterWindows Green Energy Generation Solar Green Water Conservation Low-Flow Fixtures Gross Income 0 Gross Scheduled Income 151200 Insurance Expense 3000 Land Lease YN No Laundry Features Washer HookupGas Dryer HookupInside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashConventional1031 ExchangeVa Loan Maintenance Expense 1000 Net Operating Income 126126 New Construction YN No New Taxes Expense 20889 Number Of Separate Gas Meters 3 Number Of Separate Water Meters 3 Number Of Units Leased 0 Operating Expense 25074 Property Sub Type Triplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays All UtilitiesCable Tv Total Actual Rent 0 Trash Expense 0 Water Sewer Expense 75 Water Source Public Zoning Lard2



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-31T00:28:44.623. 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 Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Tessa Wilkerson of Fiv Realty Co. (951-394-0820) and Nazar Kalayji of Fiv Realty Co.(951-394-0820)