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1016 W 24th Street

Los Angeles (City), CA 90007
  • $3,000,000
  • STATUS: Pending
  • ON SITE: 114 Days
  • ID#: SR25188061
Pending
UPDATED: 68 min ago
$3,000,000
  • 0
    BEDS
  • 0.17
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
Built:
1964
County:

School Ratings & Info

Listing Agent(s): Ivette Bertin of Luxury Collective (424-395-4841) and Sabrina Villa of Luxury Collective(818-726-3761)


Description

Investors Dream in Prime Location!Exceptional opportunity to own a 14-unit vacant building in a highly sought-after neighborhood. Property is currently vacant and ready for your vision " perfect for a full renovation or value-add project. Solid structure with great potential for strong rental income once updated. Situated in a desirable area with close proximity to shopping, dining, public transportation, and major freeways.Whether youre an experienced developer or a first-time investor ready to take on a larger project, this property offers endless possibilities. Dont miss your chance to bring this building back to life and maximize its earning potential!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-13T19:35:31.1. 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 Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
www.robynicenhowerproperties.com/homes/167165511
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1016 W 24th Street Los Angeles (City), CA 90007

  • Price: $3,000,000
  • Status: Pending
  • On Site: 114 Days
  • Updated: 68 min ago
  • ID#: SR25188061
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1964
Built
Neighborhood:
699 - Not Defined
County:
Los Angeles
Area:
699 - Not Defined
Property Description
Investors Dream in Prime Location!Exceptional opportunity to own a 14-unit vacant building in a highly sought-after neighborhood. Property is currently vacant and ready for your vision " perfect for a full renovation or value-add project. Solid structure with great potential for strong rental income once updated. Situated in a desirable area with close proximity to shopping, dining, public transportation, and major freeways.Whether youre an experienced developer or a first-time investor ready to take on a larger project, this property offers endless possibilities. Dont miss your chance to bring this building back to life and maximize its earning potential!
Exterior Features

Entry Level 1 Entry Location 2 Lot Features 0-1 Unit/Acre Number Of Separate Electric Meters 14 Parking Total 8 Pool Features None Pool Private YN No Property Attached YN No

Interior Features

Common Walls No Common Walls

Property Features

Additional Parcels YN No Common Interest Community Apartment Community Features Street LightsSuburbanValley Electric Expense 5600 Fuel Expense 0 Garage YN Yes Gross Income 389000 Gross Scheduled Income 403200 Insurance Expense 4500 Land Lease YN No Laundry Features Common Area Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New Loan Net Operating Income 25000 New Construction YN No Number Of Separate Gas Meters 14 Number Of Separate Water Meters 14 Operating Expense 25000 Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public SewerUnknown Special Listing Conditions Standard Trash Expense 200 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-12-13T19:35:31.1. 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 Robyn Graham & Associates | Independent Broker Network. Licensed in the State of California, USA.
 
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Robyn Graham & Associates | Independent Broker Network
1148 N. Chinowth Suite A
Visalia CA, 93291
Listing Agent(s): Ivette Bertin of Luxury Collective (424-395-4841) and Sabrina Villa of Luxury Collective(818-726-3761)