124 E 74th ST, Los Angeles, CA 90003
124 E 74th ST, Los Angeles, CA 90003
124 E 74th ST, Los Angeles, CA 90003
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$1,150,000
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7,705 Sqft Lot
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124 E 74th ST Los Angeles, CA 90003

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Melanie Cregar

Melanie Cregar

+1(916) 842-8705

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25124135

HOA Y/N No

Year Built 1927

Lot Size 7,705 Sqft

Property Sub-Type Mixed Use

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 C37 - Metropolitan South

Zoning LAR1

Interior

Heating Wall Furnace

Flooring Laminate

Fireplace No

Laundry None

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Curbs

View Y/N No

View None

Roof Type Rolled/Hot Mop,Spanish Tile

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Flag Lot, Paved

Story 2

Entry Level One,Multi/Split

Sewer Public Sewer

Water Public

Level or Stories One, Multi/Split

New Construction No

Others

Senior Community No

Tax ID 6022003011

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Jeff Cossio Grand Avenue Realty & Lending 714-392-5803, DRE #01503782

NEARBY SCHOOL & BUSINESS

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Melanie Cregar

Melanie Cregar

Agent License ID: 01395891

+1(916) 842-8705

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124 E 74th ST

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