Trimark Realty
1431 W 24th Street primary photo
Active·Multi-Family (4 Units)

$1,575,000

-$20,000
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1431 W 24th Street, Los Angeles CA 90007

16 beds8 baths4,320 sqft

Multi-Family (4 Units)

Property type

14 days

On market

$365

Price per sqft

N/A

Garage

1913

Year built

3,244 sqft

Lot size

Home highlights

Central AirCentral Heat

Open Houses

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Overview

Savvy investors, don't miss this turnkey property with 8.2 cap 9.97 GRM performance. This historic Quadruplex is located a mile from USC Village, and has great access to USC transportation, the Metro Expo Line, freeways and City transportation. The units are attached with two downstairs and two upstairs, and each is about 1100 SF. Units have all been remodeled and updated and...

Listing provided by: Christopher Mitchell DRE #02340187 310-213-9668, Keller Williams Realty Tehachapi

Listing updated: Jun 3, 2026 at 04:38pm.

Last checked: Jun 3, 2026 at 05:00pm

Source: CRMLS #26837881

Multi-family Analysis

Unit Information

UnitsBedsBathsGarageActual RentTotal RentPro FormaFurnished?
142$3,480$3,480$3,480Furnished
142$3,470$3,500$3,500Furnished
142$2,880$2,880$3,480Furnished
142$3,495$3,500$3,500Furnished
  • # of Buildings: 1

  • # of Units Total: 4

  • Refrigerator: 4

Financial Snapshot

Gross Rent Multiplier

9.8x

List Price / Annual Gross Rent

Cap Rate

8.29%

NOI / List Price

  • Net Operating Income: $132,177

Interior

  • Cooling: Central Air

  • Heating: Central, Forced Air

  • Appliances: Microwave, Refrigerator, Dryer

  • Laundry: Dryer Included

Exterior

  • Architectural Style: Craftsman

  • Property Attached: Yes

  • Stories Total: 2

  • Levels: Two

  • Common Walls: One Common Wall

  • Direction Faces: South

  • Security Features: Carbon Monoxide Detectors, Gated Community, Smoke Detectors

Garage and Parking

  • Parking: On Street

  • Parking Total: 0

Lot Information

  • Land Lease: No

  • Parcel #: 5054025017

  • Zoning: LARD2

Community

  • HOA: No

  • Senior Community: No

  • Community Features: Gated

Nearby Schools

Nearby schools around the 1431 W 24th Street, Los Angeles, CA 90007. Contact the school or district directly to verify enrollment eligibility.

Payment Calculator

Total Principal

$1,260,000

Total Interest

$1,607,061

Total Payment

$2,867,061

Payoff Date

Jun 2056

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PMI is disabled automatically when your down payment is 20% or more.

Est. Payment

$9,755

per month

Principal
$1,139
Interest
$6,825
Property Tax
$1,641
Home Insurance
$150
PMI
$0
HOA
$0

Property History for 1431 W 24th Street

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Los Angeles Market Snapshot

Market stats compare this property with recent MLS activity for similar property types in 90007.

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