$3,000,000/mo

1016 W 24th Street, Los Angeles, CA 90007

8,563 sqft

Rental
Built in 1964
7,227sqft lot
8 car garage
$350/sqft
Listed 3 months ago

Property Description

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!

Listing Status:: Active
Date Added:: August 20, 2025 at 05:00AM
Listing Office:: Luxury Collective : 424-395-4841
Listing Agent:: Ivette Bertin : 424-395-4841
MLS ID:: SR25188061

Laundry: Common Area

Pool: None
Parking: Parking spaces: 8

General: 3

Originating MLS: CRMLS_CRM
County: Los Angeles

Zoning: 5124008020

Water: Public
Sewer: Public SewerUnknown

Source: CRMLS_CRM

This listing courtesy of Ivette Bertin, Luxury Collective

Location

Schools Nearby

Norwood Street Elementary School

2020 Oak St, Los Angeles, CA, 90007

Grades KG-5

0.25 miles away

Thirty-Second Street Usc Performing Arts

822 W 32nd St, Los Angeles, CA, 90007

Grades KG-12

0.61 miles away

West Adams Preparatory High School

1500 W Washington Blvd, Los Angeles, CA, 90007

Grades 9-12

0.59 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.