REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Listed by Jeff Cossio • Grand Avenue Realty & Lending
$ 1,150,000
Est. payment /mo
Price Dropped by $125K
124 East 74th Street Los Angeles, CA 90003
3,377 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 3,377 sqft
Price per Sqft $340
MLS Listing ID PW-25124135
Year Built 1927
Lot Size 7,704 Sqft
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
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.
Location
State CA
County Los Angeles
Area Metropolitan South
Zoning LAR1
Interior
Interior Features Copper Plumbing Full
Heating Wall Furnace
Flooring Laminate
Laundry None
Exterior
Garage Spaces 5.0
Pool None
Community Features Curbs
View Y/N No
View None
Building
Lot Description Flag Lot, Paved, 0-1 Unit/Acre
Sewer Public Sewer
NEARBY SCHOOLS & PROPERTIES
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944