724 E 32nd Street, Los Angeles, CA 90011
Local realty services provided by:Better Homes and Gardens Real Estate Royal & Associates
724 E 32nd Street,Los Angeles, CA 90011
$750,000
- 2 Beds
- - Baths
- 2,976 sq. ft.
- Multi-family
- Active
Listed by: stephen f. watson, michael r. fukushima
Office: keller williams los angeles
MLS#:CL26853081
Source:Bay East, CCAR, bridgeMLS
Price summary
- Price:$750,000
- Price per sq. ft.:$252.02
About this home
We are pleased to present 724 E 32nd Street, a four-unit multifamily investment opportunity located in the Historic South Central neighborhood of Los Angeles. The property consists of four spacious 2-bedroom, 1-bathroom units encompassing approximately 2,976 square feet on a 5,441 square foot LARD1.5-zoned lot. Built in 1964, the property offers a desirable unit mix with separately metered utilities and on-site rear parking. The expansive rear parking area provides potential for future ADU development, allowing investors the opportunity to further increase income and maximize the property's value (Buyer to verify all development potential with the appropriate governmental agencies). Currently operating with below-market rents, 724 E 32nd Street presents a compelling value-add opportunity for investors seeking substantial upside through rental repositioning over time. Based on market rental assumptions, the property offers significant potential to increase cash flow while benefiting from long-term appreciation in one of Los Angeles' steadily improving urban submarkets. With a strong four-unit layout, favorable location, development potential, and considerable income upside, 724 E 32nd Street represents an attractive investment opportunity for both seasoned and first-time multifamily investors....
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Home facts
- Year built:1964
- Listing ID #:CL26853081
- Added:46 day(s) ago
- Updated:August 13, 2026 at 02:33 PM
Rooms and interior
- Bedrooms:2
- Living area:2,976 sq. ft.
Heating and cooling
- Heating:Wall Furnace
Structure and exterior
- Year built:1964
- Building area:2,976 sq. ft.
- Lot area:0.12 Acres
Finances and disclosures
- Price:$750,000
- Price per sq. ft.:$252.02
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