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731 E 33rd St, Los Angeles, CA 90011

List Price: $1,550,000On Market FlagOn market
Jul 17, 20252,093 sqft4 beds5 baths
Listed by: William Turner
License #: 01935111
Phone #: (805) 708-3236
Douglas Elliman of California Inc.
Source:
CRMLS Logo
MLS #: V1-31210

Property Description

Attention investors! William Turner of Douglas Elliman of California is pleased to present a brand new build investment opportunity in the heart of Los Angeles. Located one mile from The University of Southern California. With rents on the rise and an ever expanding University, this multi unit property is a blank slate. Ready to add to your Real Estate portfolio or for a savvy investor, this three unit, 8 bedroom and 5 bath property consists of three separate metered units with separate electric and gas meters and a single water meter for the entire property. All new appliances elevate the properties value, refrigerators not included. Parking for up to 5-6 vehicles. All units also have unique addresses.731 E 33rd St. is a downstairs unit with a large kitchen area, living and dining room. There are three bedrooms and two bath. One bedroom in the back has an exterior entrance. This unit potentially could be a four bedroom if the dining room area was replaced. Walls would need to be enclosed and a door installed, but that's what the layout is designed for.731 1/2 E 33rd St. is an upstairs unit with three bedrooms and two baths. The primary has a large walk-in closet. 733 E 33rd St is a two bed and one bath ADU.Unlimited potential for this property. This is a great investment, do not miss out!. Buyer to verify square footage.https://listing.upmarket.media/sites/engmgqm/unbranded
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”

TurboHome Fair Market Estimate

TurboHome

TurboHome Savings

-$2,079

TurboHome Estimated Value

$705,700

$337 sqft

High Valuation
$740,985
$354/sqft
Normal Valuation
$705,700
$337/sqft
Low Valuation
$670,415
$320/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$337/sqft$705,700

Neighborhood: Central City

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Comparative Value

$560K

$1.55M

222 E 24th St, Los Angeles, CA 90011

Sale Price: $560,000

Selected Comparable

731 E 33rd St, Los Angeles, CA 90011

List Price: $1,550,000

Subject Property

Neighborhood Comps

Subject Property

SUBJECT
731 E 33rd St, Los Angeles, CA 90011

731 E 33rd St, Los Angeles, CA 90011

List: $1,550,000

Listed: 7/17/2025

Area:2,093 sqft
Price/sqft:$741
Beds:4
Baths:5
Year Built:
Lot Size:5,427

Comparable Properties

COMPARABLE
Choose comps
222 E 24th St, Los Angeles, CA 90011

222 E 24th St, Los Angeles, CA 90011

Sale: $560,000

1/16/20250.67 mi

Area:1,861 sqft
Price/sqft:$301
Beds:5
Baths:4
Year Built:
Weight:100.0%

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