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Los Angeles Triplex Investment Opportunity
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717 E 24th Street, Los Angeles, CA 90011

Triplex in prime Los Angeles location with income potential.

Property SizeContact for details
Days on Market342

Property Features for 717 E 24th Street

General Information

Standard status Active
Property subtype Multifamily
Zoning Assessor

Building Details

Buildings 1
Stories 1
Units 3
Listing Agency: Keller Williams South Bay
Listed By: Lianne Gallardo · License #01965012
Source: Crexi
Added: Sep 12, 2025 Changed: Aug 7 Last Checked: Aug 18 at 10:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams South Bay

Investment Insights

Based on property information with market context.

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 character. The property sits on a generous lot, offering potential to expand, add additional units, or redevelop. 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. It is suitable for investors or owner-occupants looking to maximize rental income.

Key Highlights

  • 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 offering potential to expand or redevelop (buyer to verify).

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Skin Care Clinic Accounting Firm Nursing Home Real Estate Agency (Bike/Boat/Book/etc) Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,435
Businesses Nearby

Demographics for 90011, CA

102,308
Population
25,119
Households
4.1
Avg Household Size
30
Median Age
6%
College-Educated
43%
High-School Grad
4.3 sq mi
ZIP Area
23,793
Density / Sq Mi
$53,781
Median Household Income
$27,889
Median Earnings
$1,497
Median Rent
$575,200
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Triplex - Triplex in prime Los Angeles location with income potential.
Where is this triplex located?
The property is located at 717 E 24th Street Los Angeles, CA.
What is the asking price?
The asking price for this property is $747,000.
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 offering potential to expand or redevelop (buyer to verify).
More about this property
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