724 E 32nd Street, Los Angeles, CA 90011

Los Angeles
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
724 E 32nd Street,Los Angeles, CA 90011
$750,000
  • 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:$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...

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Home facts

  • Year built:1964
  • Listing ID #:26853081
  • Added:6 day(s) ago
  • Updated:July 03, 2026 at 12:35 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:$750,000
  • Price per sq. ft.:$252.02

Parking

  • Total parking spaces:6
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