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$ 885,000
Est. payment /mo
Active
358 E 73rd ST Los Angeles, CA 90003
4 Beds
3 Baths
1,846 SqFt
UPDATED:
01/14/2025 01:34 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 1,846 sqft
Price per Sqft $479
MLS Listing ID 25477221
Bedrooms 4
HOA Y/N No
Year Built 1937
Lot Size 6,716 Sqft
Property Description
Investment opportunity in the heart of Los Angeles, also known as 7301 Towne Ave. This property is situated on a large corner lot and features a single-family home and a duplex, offering three units in total. With its desirable R2 zoning, this property presents incredible potential for adding value, whether through upgrading the existing units, increasing rents to market rates, or developing an ADU. With a 4% cap rate, this property is perfect for investors seeking steady returns with room to grow. The spacious corner lot allows for creative development opportunities, making it an ideal choice for those looking to maximize income potential or create additional living spaces. Located in a convenient area close to schools, parks, and public transportation, this property combines solid investment fundamentals with the opportunity to enhance its value.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LAR2
Interior
Cooling None
Fireplace No
Exterior
Parking Features None
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6022018001
Special Listing Condition Standard
Listed by Maryna Pototska • Nest Seekers