THE SUBJECT PROPERTY IS BEING SOLD ALONG WITH THE ADJACENT PROPERTIES, 1422-1426 WEST 10TH PLACE. WHILE THE PROPERTIES MAY BE PURCHASED INDIVIDUALLY OR TOGETHER, A COMBINED SALE IS STRONGLY PREFERRED. We are pleased to offer for sale a 20-unit apartment community located at 1416 West 10th Place. The subject property is located west of the 110 Freeway and south of Olympic Boulevard. The subject property is comprised of all studio units and has 39% remaining rental upside through unit renovations. 1416 West 10th Place presents investors the opportunity to acquire an asset with an attractive basis, and strong value-add component. New ownership will have the opportunity to capitalize on the westward expansion and revitalization of the Downtown sub-market. PLEASE DO NOT WALK THE PROPERTY OR DISRUPT TENANTS. CONTACT THE LISTING TEAM FOR DETAILS.
Property Details
Price:
$1,995,000
MLS #:
25501493
Status:
Active
Baths:
0
Address:
1416 W 10th Place
Type:
Residential Income
Neighborhood:
c42downtownla
City:
Los Angeles
Listed Date:
Feb 10, 2025
State:
CA
ZIP:
90015
Lot Size:
5,530 sqft / 0.13 acres (approx)
Year Built:
1925
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Schools
Interior
Exterior
Parking Features
None
Parking Spots
0.00
Stories Total
2
Financial
Map
Community
- Address1416 W 10th Place Los Angeles CA
- AreaC42 – Downtown L.A.
- CityLos Angeles
- CountyLos Angeles
- Zip Code90015
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Courtesy of Marcus & Millichap. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2025. California Regional Multiple Listing Service. All rights reserved.1416 W 10th Place
Los Angeles, CA
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