Investor’s 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 you’re an experienced developer or a first-time investor ready to take on a larger project, this property offers endless possibilities. Don’t miss your chance to bring this building back to life and maximize its earning potential!
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 you’re an experienced developer or a first-time investor ready to take on a larger project, this property offers endless possibilities. Don’t miss your chance to bring this building back to life and maximize its earning potential!
Property Details
Price:
$4,999,999
MLS #:
SR25180421
Status:
Active
Baths:
0
Address:
1016 W 24th Street
Type:
Commercial
Subtype:
Multi Family
Neighborhood:
677lincolnhts
City:
Los Angeles
Listed Date:
Aug 10, 2025
State:
CA
ZIP:
90007
Year Built:
1964
Schools
Interior
Exterior
Stories Total
3
Water Source
Public
Financial
Map
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Courtesy of Luxury Collective. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than BUSINESS MA include the name of the listing broker. Neither the listing company nor BUSINESS MA shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved. 1016 W 24th Street
Los Angeles, CA
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