124 E 74th Street, Los Angeles, CA 90003
- $1,150,000
List Agent Jeff Cossio () 714-392-5803 Grand Avenue Realty & Lending; CoList ()
- List Price
- $1,150,000
- Price Change
- ▼ $125,000 1778832766
- Status
- ACTIVE
- MLS#
- PW25124135
- Year Built
- 1927
- Lot Size
- 7,704
- Lot Location
- 0-1 Unit/Acre, Flag Lot, Paved
- Days on Market
- 423
- Property Type
- Multifamily
- Property Sub Type
- Mixed Use
- Stories
- One Level, Multi Level
Property Description
Exceptional opportunity to acquire a six-unit multifamily property located in a high-demand Los Angeles submarket. The asset consists of six separate structures situated on a 7,702 sq. ft. lot, including four stand-alone 2-bedroom/1-bath units with no shared walls, and a rear building containing two 1-bedroom/1-bath units positioned above five covered garages. An additional detached garage provides a total of six covered parking spaces with potential for ADU conversion (buyer to verify). Built in 1927, the property retains its architectural charm while benefiting from over $30,000 in recent capital improvements, including new dual-pane windows, fresh exterior paint, partial copper plumbing, and interior renovations in half of the units, partial roof. The layout offers privacy and appeal for long-term occupancy, with a unit mix that supports strong rental demand. This is a well-located multifamily asset with upside potential through further unit repositioning and possible ADU development.
Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- View
- None
- Exterior Construction
- Copper Plumbing
- Roof
- Rolled/Hot Mop, Spanish Tile
- Garage Spaces Total
- 5
- Sewer
- Public Sewer
- Water
- Public
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.