USACALos Angeles724 E 32Nd St
Listing image | Image 1

724 E 32Nd St, Los Angeles, CA

House

For Sale

Listed price in listed location currency (USD).
$750,000

846

MLS® 26853081

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 2976 sqft
Garage 
Taxes 
Days Active 0
Lot Size 0.1249 Acres
Approx. Age 1964
Avg. Price Per Sqft $252
MLS® Number 26853081

Property Address: 724 E 32nd St, Los Angeles, CA, 90011-2445

Average square foot calculated using Size range provided by listing agent.

Description

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.
MLS® Number26853081
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1964
Basement
DrivewayNone
Garage Spaces
HeatWall Furnace
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 26, 2026List Date
$750,000List Price
  • Commute

Commute

Starting Address
Destination Address
724 E 32Nd St, Los Angeles, CA

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