1016 W 24th Street

Los Angeles, CA 90007
Property listed by Luxury Collective, Ivette Bertin 818-915-0160
$3,000,000
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 desirableRead MoreRead Less
Listing Snapshot
Days Online
107
Last Updated
Property Type
Apartment
Lot Size
0.17 Acres
Year Built
1964
MLS Number
SR25188061
Property Location Map
Additional Details
Building
Built in 1964, 1 building, 3 stories, Entry level: 1, Entry location: 2
Community
StreetLights, Suburban, Valley
Expenses
Electric: $5,600, Insurance: $4,500, Operating: $25,000, Trash: $200
Garage
8 spaces
Income
Gross Income: $389,000, Gross ScheduledIncome: $403,200, Net Operating Income: $25,000
Laundry
CommonArea
Lot
0.1659 acres, ZeroToOneUnitAcre
Parking
8 total parking spaces
Pool
None
Sewer
PublicSewer, Unknown
Taxes
Additional parcels description:, Parcel Number: 5124008020, Lot: 16
Utilities
Water Source: Public, 14 separate electric meters, 14 separate gas meters, 14 separate water meters
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Monthly Payment
$0
Charles Fisher
Realtor®
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Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.