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Property

Property

Property

Property

Property

2424 West, Los Angeles, CA 90016

$925,000 LOGIN TO SAVE

2424 West, Los Angeles, CA 90016
Bedrooms: 4
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Bathrooms: 3
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Area: 2459 SqFt.

    Description


    Discover an exceptional opportunity in the heart of West Adams, Los Angeles perfect for an owner-occupant buyer looking to live in a spacious home while generating rental income from two additional units. This charming multi-unit property at 2424 West Blvd offers the rare chance to "house hack" your way into homeownership, letting your tenants help pay your mortgage. Imagine settling into the rear unit: a spacious two-story, 3-bedroom, 1.5-bathroom home with room to grow, while the front and center 1-bedroom apartments provide steady monthly income to offset your housing costs. With FHA and conventional owner-occupied financing options available for multi-unit properties (up to 4 units), this is an ideal entry point for first-time buyers, multi-generational families, or savvy investors looking to live in one unit while building equity and cash flow from the others. The property features: Rear unit: A spacious two-story, 3-bedroom, 1.5-bathroom home ideal for the owner Front unit: A delightful 1-bedroom apartment with a manicured yard and succulent garden Center unit: A comfortable 1-bedroom, 1-bathroom apartment Driveway parking for three vehicles One-car garage Current unit mix and rents: 3 Bedroom, 1.5 Bathroom: $1,580/month 1 Bedroom, 1 Bathroom: proforma 1 Bedroom, 1 Bathroom: $1,528/month Market rent potential: 3 Bedroom: $3,750/month 1 Bedroom units: $2,100/month each For an owner-occupant, the two 1-bedroom units alone offer significant income potential at market rents, they could bring in approximately $3,800/month combined, dramatically reducing the true cost of

    Features

    ​​​​​​​

    Gerri-Lynn Fives

    Real Estate Agent
    Address:
    1111 Prospect St
    La Jolla, CA 92037
    Mobile:
    619-813-7193
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    Contact

    Gerri-Lynn Fives

    Gerri-Lynn Fives

    Do you have questions? We look forward to hearing from you. Contact Gerri-Lynn at 619-813-7193. To know more about Gerri-Lynn Fives, Click the button below to get the full information you need.

    ​​​​​​​Click Here

    Information

    1111 Prospect St
    La Jolla, CA 92037

    619-813-7193
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    DRE# 01264757

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    Pacific Sothebys
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2016 Sandicor®, Inc.

    2017 © Gerri-Lynn Fives Pacific Sotheby's International Realty - ALL RIGHTS RESERVED - POWERED BY powered by Roya.com

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