2331 West 20th Street

Los Angeles, CA 90018

$1,250,000
Price
6
Beds
4
Baths
5,168 Sq. Ft.
$242 / Sq. Ft.
5,168
Sq. Ft.
$242
per Sq. Ft.

Description

Introducing a remarkable investment opportunity in the coveted Western Heights neighborhood, less than a mere 3 miles away from the bustling USC Campus. Nestled within close proximity to the 10 freeway, Downtown LA, USC, Korea Town, and the iconic Staples Center, this prime location offers unparalleled accessibility to key destinations. This triplex features two spacious 1+1 units alongside a spacious 4+2 unit with recent kitchen and bath updates, ensuring a delightful living experience for tenants....Introducing a remarkable investment opportunity in the coveted Western Heights neighborhood, less than a mere 3 miles away from the bustling USC Campus. Nestled within close proximity to the 10 freeway, Downtown LA, USC, Korea Town, and the iconic Staples Center, this prime location offers unparalleled accessibility to key destinations. This triplex features two spacious 1+1 units alongside a spacious 4+2 unit with recent kitchen and bath updates, ensuring a delightful living experience for tenants. Furthermore, the inclusion of in-unit laundry facilities and individual storage garages adds to the appeal and practicality of this investment gem. Seize the opportunity to capitalize on the high demand for housing in this sought-after locale near USC. Whether you're an astute investor or a discerning homeowner seeking to diversify your portfolio, this triplex presents a rare chance to acquire a valuable asset in a thriving community.

Listing Agent

  1. Michael Williams

    Michael Williams

    Listing Agent

    Compass

    DRE #01266428

Property Details for 2331 West 20th Street

Parking Spaces Total
0
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
5168
Assessor Parcel Number
5073-025-020
Property Attached YN
true

Location

Listing Courtesy of Compass, Michael Williams, DRE #01266428
Add your commute
LISTING UPDATED: 04/07/2024 09:43 AM

Property Details for 2331 West 20th Street

StatusActive
MLS #BB24029560
Days on Market83
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1923
Lot Size0.14 AC / 6,316 SF
CountyLos Angeles County

Location

Listing Courtesy of Compass, Michael Williams, DRE #01266428
Add your commute

Building Information for 2331 West 20th Street

Stories2Residences-Year Built1923Building Size-Lot Size0.14 AC / 6,316 SF

Payment Calculator

$7,353 per month

30 year fixed, 7.25% Interest

Principal and Interest

$6,822

Property Taxes

$531

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2331 West 20th Street

Rental Info
Rental Info
  • Tenant Pays: Cable TV, Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $34,186
  • Gross Scheduled Income: $34,188
  • Net Operating Income: $1
Expense Details
  • Operating Expense: $1
  • Insurance Expense: $1,858
  • Trash Expense: $0
  • Water Sewer Expense: $3,600
  • Total Expenses: $5,458
Tax / Assessment Info
  • Tax Tract Number: 1
  • Tax Census Tract: 2214.02
  • CFD/Mello-Roos Fee: $671
  • Tax Lot: 11
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Individual Room
  • Fireplace Features: None
  • Fireplace Rooms: None
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 3
  • Parking Garage Spaces: 3
  • Carport Spaces: 0
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $675
  • Unit Type Total Rent: $675
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $660
  • Unit Type Total Rent: $660
  • Unit Type Pro Forma: 2000
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 4
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,514
  • Unit Type Total Rent: $1,514
  • Unit Type Pro Forma: 3500
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1

Property History for 2331 West 20th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 2331 West 20th Street

Taxable ValueLand$179,198Additions$295,686Total$474,884
Tax Record2023$6,367 ($531 / month)
Home Facts
Total Finished SqFt5,168 SqFtAbove Grade Finished SqFt5,168 SqFtLot Size6,316 SqFtStyleTriplexYear Built1923ZoningLARD1.5CountyLOS ANGELESAPN5073-025-020

Schools near 2331 West 20th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Charter - 6 to 8
Rating
School
Distance
Pio Pico Middle School
Public6 to 8

West Adams Preparatory High School
Public9 to 12

Global Education Academy Middle School
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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2331 West 20th Street is a multi-family home for sale in Los Angeles, CA 90018. This property was listed for sale on February 10, 2024 by Compass, it's currently listed at $1,250,000. This listing's school district is Los Angeles Unified School District. Nearby schools include Carson-Gore Academy Of Enviornmental Studies, Pio Pico Middle School and West Adams Preparatory High School. 2331 West 20th Street is a 6-bed, 4-bath, 5,168 sqft multi-family home built in 1923.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Compass, Michael Williams, DRE #01266428

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.