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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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1016 24th Street, Los Angeles – $4,999,999

  • $5M Price
  • .17 Acres
  • 43 DOM
  • $5M Price
  • .17 Acres
  • 43 DOM

1016 24th Street

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!

Essential Information

  • MLS® #SR25180421
  • Price$4,999,999
  • Bathrooms0.00
  • Acres0.17
  • Year Built1964
  • TypeCommercial Sale
  • Sub-TypeMulti Family
  • StatusActive

Community Information

  • Address1016 24th Street
  • Area699 - Not Defined
  • CityLos Angeles
  • CountyLos Angeles
  • Zip Code90007

Interior

  • # of Stories3

Exterior

  • Lot DescriptionZeroToOneUnitAcre

Additional Information

  • Date ListedAugust 10th, 2025
  • Days on Market43

Listing Details

  • AgentIvette Bertin
  • OfficeLuxury Collective
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Ivette Bertin, Luxury Collective.

Based on information from California Regional Multiple Listing Service, Inc. as of September 22nd, 2025 at 9:30pm PDT. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.