724 E 32nd Street, Los Angeles, CA 90011

Los Angeles
Local realty services provided by:ERA Carlile Realty Group
724 E 32nd Street,Los Angeles, CA 90011
$695,000
  • 8 Beds
  • 4 Baths
  • 2,976 sq. ft.
  • Multi-family
  • Active
Listed by: stephen f. watson, michael r. fukushima
Office: keller williams los angeles213-797-7000
MLS#:26853081
Source:CRMLS

Price summary

  • Price:$695,000
  • Price per sq. ft.:$233.53

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...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with an ERA®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If an ERA®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (BHGRE® , CENTURY 21® , Coldwell Banker® , Corcoran® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1964
  • Listing ID #:26853081
  • Added:137 day(s) ago
  • Updated:November 11, 2026 at 12:41 PM

Rooms and interior

  • Bedrooms:8
  • Total bathrooms:4
  • Living area:2,976 sq. ft.

Heating and cooling

  • Heating:Wall Furnance

Structure and exterior

  • Year built:1964
  • Building area:2,976 sq. ft.
  • Lot area:0.12 Acres
  • Levels:2 Story

Finances and disclosures

  • Price:$695,000
  • Price per sq. ft.:$233.53

Parking

  • Total parking spaces:6
The information being provided by California Regional MLS (Southern California) is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the California Regional MLS (Southern California). ERA Carlile Realty Group is not a Multiple Listing Service (MLS), nor does it offer MLS access. This website is a service of ERA Carlile Realty Group, a broker participant of California Regional MLS (Southern California). This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, including but not limited to open house information, square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by California Regional MLS (Southern California) and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2021 California Regional MLS (Southern California). All rights reserved.

New listings near 724 E 32nd Street