717 E 24th Street
Los Angeles, CA, 90011
$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
Open on Google Maps ↗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
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
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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