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Four-Unit Multifamily Property
For Sale
$750,000

724 E 32nd St, Los Angeles, CA 90011

Separate utility metering and rear parking support practical day-to-day operations.

Property Size2,976 SF
Lot Size0.12 Acres
Price / SF$252.02
Days on Market68

Property Features for 724 E 32nd St

General Information

Standard status Active
Size 2,976 SF
Lot size 0.12 Acres
Property subtype MULTI_FAMILY
Zoning LARD1.5

Units

Unit Mix 4 x 2BR/1BA
Multifamily Units 4

Additional Details

Utilities to Site Yes

Building Details

Building Size 2,976 SF
Year Built 1964
Listing Agency: Keller Williams Los Angeles
Listed By: Stephen F. Watson · License #01187813
Source: Milsteinestates
Added: Jun 26 Changed: Aug 30 Last Checked: Aug 31 at 9:24PM

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 Los Angeles

Investment Insights

Based on property information with market context.

This quadplex contains four 2-bedroom, 1-bathroom residences totaling approximately 2,976 square feet. Constructed in 1964, the property sits on a 5,441-square-foot lot with LARD1.5 zoning. Each unit has separately metered utilities, and the site includes parking at the rear.

Located in Los Angeles’ Historic South Central neighborhood, the property provides a four-unit configuration within an established urban residential setting. The rear parking area may offer potential for future ADU development, subject to verification by the buyer with the appropriate governmental agencies. The existing layout, lot size, zoning designation, and utility configuration provide the primary physical characteristics for evaluating the property.

Key Highlights

  • Four 2‑bedroom, 1‑bathroom units
  • Approximately 2,976 square feet across the property
  • 5,441‑square‑foot LARD1.5‑zoned lot

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Skin Care Clinic Acupuncture Gym & Fitness Center (Bike/Boat/Book/etc) Store

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

Lease Details

4
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

2,160
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?
Quadplex - Separate utility metering and rear parking support practical day-to-day operations.
Where is this quadplex located?
The property is located at 724 E 32nd St Los Angeles, CA.
What is the asking price?
The asking price for this property is $750,000.
What are key features of this property?
This property features: Four 2‑bedroom, 1‑bathroom units; Approximately 2,976 square feet across the property; 5,441‑square‑foot LARD1.5‑zoned lot
More about this property
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