ActiveTriplex

717 E 24th Street

Los Angeles, CA, 90011

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$860,000

MLS: SB25202516

Beds

7

Baths

4

Sq Ft

2,603

Lot

0.15 ac

Year Built

1902

MLS #

SB25202516

Days on Market

117

Listed

Sep 12, 2025

Description

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.

Location

Los Angeles, Los Angeles County, CA 90011

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Listed by: Lianne Gallardo · Keller Williams South Bay

Payment estimate

$6,274

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $86,000 · Loan: $774,000

%
Principal & Interest
$4,756
Property tax (1.25%)
$896
Homeowners insurance
$300
Mortgage insurance
$323
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Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $30,100 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

Local Market Stats

See Los Angeles, CA 90011 market trends →

Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

#1 Producing Individual Realtor — Antelope Valley

Only large teams outsell Mike Watson · Keller Williams Realty

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