1155 E 24TH St, Los Angeles, CA 90011

Property Description

The subject property is a 4 unit apartment complex with a unit mix of two 1 bedroom, 1 bathroom units and two 3 bedroom, 1 bathroom units. The improvements are built on a 6,500 square foot lot with total rentable square footage of 4,084. The property is located on the north side of 24th St in Historic South Central (just south of DTLA), just east of Griffith Ave and west of Central Ave. This property is a major fixer with substantial upside in rents-major renovations are on-going. The property sits conveniently near Downtown LA and in close proximity to the neighboring communities of Central-Alameda, Exposition Park, Pico-Union, South Park, University Park, and Vermont Square, major freeways, and much more. This property can be sold on its own or as part of a portfolio including 1352 E 21st St and 2508 Naomi Ave. Buyer is advised to independently verify the accuracy of all information through personal inspection and with appropriate professionals.