TruLine Real Estate

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$1,800,000
74 Days On Site

1016 W 24th
Los Angeles, CA 90007

For Sale|Multi Family|Active
0
Beds
0
Total Baths
6,000
SqFt
$300
/SqFt
1964
Built
County:
Los Angeles
Listed by Ivette Bertin of Luxury Collective jaylabertin@gmail.com
Call Now: (323) 389-5432
Is this the listing for you? We can help make it yours.
(323) 389-5432
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Mortgage Calculator

Monthly Payment (Est.)

$8,212
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

RARE INVESTMENT OPPORTUNITY – UNIVERSITY PARK (HISTORIC DISTRICT) ??? Introducing a 14-unit multifamily building located in the highly desirable University Park area, a recognized historic district known for its character, architectural significance, and long-term stability. This is a major value-add project offering a rare opportunity for seasoned investors and developers to acquire and reposition a sizable asset in one of the area’s most sought-after neighborhoods. The property requires a full rehabilitation, allowing a new owner to redesign, upgrade, and strategically reposition the building to meet today’s rental demand. This is a large-scale project, ideal for investors looking to maximize returns through a comprehensive renovation. A key advantage: all reports are already completed and available, providing transparency and a smoother path University Park continues to experience strong appreciation and rising rental demand, driven by its historic designation, proximity to major universities, downtown, transit corridors, and ongoing revitalization efforts. Fully renovated multifamily properties in this area command premium rents and show consistent long-term value growth. Once rehabbed, this asset has the potential to become a high-performing income property with both immediate cash flow and significant equity upside. Historic multifamily assets in central, high-demand locations are becoming increasingly scarce. Investors who successfully execute projects like this often see substantial increases in property value, long-term rent stability, and strong resale potential. This is the type of opportunity that creates generational wealth

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Listing Snapshot
Price 
$1,800,000
Days On Site 
74 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1659 Acres
Year Built 
1964
MLS® Number 
SR26020163
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
a week agoPrice changed to $1,800,000
a week agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.1659
Number Of Stories 
3
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
6000
Water Source 
See Remarks
Interior Features
Laundry Features 
Common Area
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Community Features
Financing Terms Available 
Cash
MLS Area 
699 - Not Defined


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
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Save
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Tour
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$1,800,000
74 Days On Site

1016 W 24th
Los Angeles, CA 90007

For Sale|Multi Family|Active
0
Beds
0
Total Baths
6,000
SqFt
$300
/SqFt
1964
Built
County:
Los Angeles
Listed by Ivette Bertin of Luxury Collective jaylabertin@gmail.com
Call Now: (323) 389-5432
Is this the listing for you? We can help make it yours.
(323) 389-5432
Save
Ask
Tour
Hide
Share

Mortgage Calculator

Monthly Payment (Est.)

$8,212
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.

RARE INVESTMENT OPPORTUNITY – UNIVERSITY PARK (HISTORIC DISTRICT) ??? Introducing a 14-unit multifamily building located in the highly desirable University Park area, a recognized historic district known for its character, architectural significance, and long-term stability. This is a major value-add project offering a rare opportunity for seasoned investors and developers to acquire and reposition a sizable asset in one of the area’s most sought-after neighborhoods. The property requires a full rehabilitation, allowing a new owner to redesign, upgrade, and strategically reposition the building to meet today’s rental demand. This is a large-scale project, ideal for investors looking to maximize returns through a comprehensive renovation. A key advantage: all reports are already completed and available, providing transparency and a smoother path University Park continues to experience strong appreciation and rising rental demand, driven by its historic designation, proximity to major universities, downtown, transit corridors, and ongoing revitalization efforts. Fully renovated multifamily properties in this area command premium rents and show consistent long-term value growth. Once rehabbed, this asset has the potential to become a high-performing income property with both immediate cash flow and significant equity upside. Historic multifamily assets in central, high-demand locations are becoming increasingly scarce. Investors who successfully execute projects like this often see substantial increases in property value, long-term rent stability, and strong resale potential. This is the type of opportunity that creates generational wealth

Save
Ask
Tour
Hide
Share
Listing Snapshot
Price 
$1,800,000
Days On Site 
74 Days
Bedrooms 
N/A
Inside Area (SqFt) 
6,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.1659 Acres
Year Built 
1964
MLS® Number 
SR26020163
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Estimated
Friends & Family
Recent Activity
a week agoPrice changed to $1,800,000
a week agoListing updated with changes from the MLS®
2 months agoListing first seen on site
General Features
Acres 
0.1659
Number Of Stories 
3
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
6000
Water Source 
See Remarks
Interior Features
Laundry Features 
Common Area
Save
Ask
Tour
Hide
Share
Community Features
Financing Terms Available 
Cash
MLS Area 
699 - Not Defined


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. The 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, the 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.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
Save
Ask
Tour
Hide
Share
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