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717 E 24th St, Los Angeles, CA, 90011

7beds
4baths
2,603sqft
$747,000
$287price/sqft
$5,343/moest. monthly cost
$213,720/yrincome needed

About This Home

Excellent investment opportunity! This triplex on 24th Street in Los Angeles, in the heart of Downtown LA, offers incredible income potential and future development possibilities. Situated in a prime location, this multi-unit property is perfect for investors or owner-occupants looking to maximize rental income or even expand living space. With spacious units and a functional layout, 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. Don't miss out on this versatile property with room to grow.

Getting Around

84
WalkingVery Walkable
79
TransitExcellent Transit
90
BikeBiker's Paradise

Schools

5/10
John Adams Middle SchoolGrades 6-80.6 mi
4/10
Santee Education ComplexGrades 9-120.4 mi

Construction

Condition

  • Year built: 1902

Type & Style

  • Home type: MultiFamily
  • Property subType: Triplex

Interior

Appliances

  • Laundry features: Inside,Outside

Bedroom

  • Features: All Bedrooms Down

Bedrooms & Bathrooms

  • Bedrooms: 7
  • Bathrooms: 4
  • Full bathrooms: 4
  • Main level bathrooms: 4
  • Main level bedrooms: 7

Cooling

  • Cooling features: Central Air,None

Features

  • All Bedrooms Down
  • Fireplace features: None
  • Common walls with other units/homes: 1 Common Wall

Interior Area

  • Total interior livable area: 2,603 sqft

Property

Details

  • Parcel number: 5131018025
  • Attached to another structure: Yes
  • Zoning: LAC2
  • Special condition: Standard

Features

  • Levels: One,Two
  • Stories: 1
  • Entry location: NA
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: Neighborhood

Lot

  • Lot size: 6,510 sqft
  • Features: Near Public Transit

Parking

  • Total spaces: 8
  • Parking features: Driveway,Gated
  • Covered spaces: 3
  • Uncovered spaces: 5
  • Carport: Yes
  • Carport spaces: 3

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $3,777$45,324
Home Insurance *$156$1,872
Property Taxes $852$10,224
Electricity $558$6,698
Total$5,343$64,116
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$183,188/yr
40% on housing$160,290/yr
45% on housing$142,480/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$287This listing

vs Other Active Listings

Avg $/sqft

ZIP 90011$338
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90011$515
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-01-07Price change$860,000
2025-09-12Price change$900,000
2025-06-23Listed for sale$949,900
1991-07-23Sold$695,454

For Sale by Agent

AgentLianne Gallardo
BrokerageKeller Williams Realty

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