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    717 E 24Th St Los Angeles, CA 90011

    For Sale
    $900,000

    Triplex in prime location with income and development potential.

    Lot size:
    0.15 Acres

    Property Features for 717 E 24Th St

    General Information

    Lot size
    0.15 Acres

    Building Details

    Year built
    1902

    Source: Keller Williams South Bay Agent Lianne Gallardo

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Los Angeles Triplex Investment Opportunity

    This triplex is located on 24th Street in Los Angeles, minutes from Downtown LA. The multi-unit property offers income potential and future development possibilities. Each residence provides comfortable living with ample natural light and a functional layout. The property sits on a generous lot, offering potential to expand, add additional units, or redevelop, with buyer to verify with the city. Located near major freeways, public transportation, shopping, dining, and entertainment, this triplex is in a high-demand rental area, making it an excellent long-term investment.
    Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Law Firm Restaurant Realty agency Spa & Massage Dental Office Hair Salon Nail Salon Food Market Gym & Fitness Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.25977
    Latitude
    34.02317

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    FAQs

    What type of property is this?
    Triplex - Triplex in prime location with income and development potential.
    Where is this triplex located?
    The property is located at 717 E 24Th St Los Angeles, CA.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - High income potential as a triplex in a high-demand rental area.; - Prime location in Los Angeles, minutes from Downtown LA, near freeways and public transportation.; - Generous lot size with potential for expansion, additional units, or redevelopment (buyer to verify).
    (310) 375-3511
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    717 E 24Th St Los Angeles, CA 90011
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