Property Details
About this Property
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 toward planning, budgeting, and execution. 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 hig
MLS Listing Information
MLS #
CRSR26014675
MLS Source
California Regional MLS
Days on Site
11
Parking, School, and Other Information
Garage/Parking
Garage: 14 Car(s)
Contact Information
Listing Agent
Ivette Bertin
Luxury Collective
License #: 01360152
Phone: –
Co-Listing Agent
Sabrina Villa
License #: 02180430
Phone: (661) 779-0025
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1016 W 24th is a Residential Income in Los Angeles, CA 90007. This – square foot property sits on a 7,225 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $2,100,000 and was built in 1964. This address can also be written as 1016 W 24th, Los Angeles, CA 90007.
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This listing information is up-to-date as of January 23, 2026. For the most current information, please contact Ivette Bertin
