724 E 32nd Street
Los Angeles, CA 90011
8
Bed
0
Bath
2,976Sqft
5,441Sqft(Lot)
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
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total Bedrooms: 8Bathroom Information
Total Baths: 4 Full Baths: 0 Half Baths: 0 -
Cooling Features
None Air ConditioningHeating Source
Wall Furnace Has Heating
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Building Information
Year Built: 1964 Building Area Total: 2,976
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1249 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 5441
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Listing Price Information
Original List Price: 750,000 Listing Contract Date: 2026-06-26 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 5120024004
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Garage and Parking
Garage Description: NoneHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: C42 - Downtown L.A. Postal Code Plus 4: 2445 Directions: Take the 110 and get off at Figueroa Way. Make a turn due East on Adams Blvd. Make a turn due South on San Pedro St. Make a turn due East on 32nd St. Zoning: LARD1.5 Source Property Type: Residential Income Area: C42 - Downtown L.A. -
Building and Construction
Property Age: 62 Year Built Source: Vendor Enhanced Total Square Feet Living: 2976 Levels or Stories: Two Building Total Stories: 2
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1432 E 25th Street, Los Angeles, CA, 90011 | $14,000,000 | 55 | -- | 26,048 | 26,048 SqFt |
| 1325 E Adams Boulevard, Los Angeles, CA, 90011 | $1,095,000 | 7 | -- | 2,838 | 2,838 SqFt |
| 1471 E 41st, Los Angeles, CA, 90011 | $875,000 | -- | -- | 1,542 | 1,542 SqFt |
| 1330 E 33rd, Los Angeles, CA, 90011 | $599,000 | 4 | 3 | 1,170 | 1,170 SqFt |
| 4610 Compton Avenue, Los Angeles, CA, 90011 | $1,200,000 | 5 | -- | 3,124 | 3,124 SqFt |
| 948 E 21st Street, Los Angeles, CA, 90011 | $26,400 | 22 | 12 | 7,320 | 7,320 SqFt |
| 1132 E 27th Street, Los Angeles, CA, 90011 | $899,000 | 6 | 4 | 1,486 | 1,486 SqFt |
| 923 E 25th Street, Los Angeles, CA, 90011 | $615,000 | 3 | 2 | 1,615 | 1,615 SqFt |
| 856 E 22nd Street, Los Angeles, CA, 90011 | $1,150,000 | 5 | -- | 4,219 | 4,219 SqFt |
| 5426 Compton, Los Angeles, CA, 90011 | $849,900 | -- | -- | 4,186 | 4,186 SqFt |
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ByOwner last updated this listing 06/28/2026 @ 16:47
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