$1,275,000

124 E 74th Street, Los Angeles, CA 90003

3,377 sqft

other
Built in 1927
7,706sqft lot
5 car garage
$378/sqft
Listed 6 months ago

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.

Listing Status:: Active
Date Added:: June 3, 2025 at 05:00AM
Listing Office:: Grand Avenue Realty & Lending : 714-925-2020
Listing Agent:: Jeff Cossio : 714-392-5803
MLS ID:: PW25124135

Laundry: None
Flooring: Laminate
Heating: Wall Furnace

General: None
Pool: None
Parking: Parking spaces: 5

Roofing: Rolled/Hot MopSpanish Tile
General: Copper Plumbing1

HOA Amenities: 0.0
Originating MLS: CRMLS_CRM
County: Los Angeles

Zoning: LAR16022003011
View: None

Water: Public
Sewer: Public Sewer

Source: CRMLS_CRM

This listing courtesy of Jeff Cossio, Grand Avenue Realty & Lending

Monthly Payment

$Est. Payment

Principal & Interest $
Property Taxes $
Home Insurance $
VA Funding Fee $

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Location

Schools Nearby

75th Street Elementary School

142 W 75th St, Los Angeles, CA, 90003

Grades KG-6

0.20 miles away

Bethune Middle School

155 W 69th St, Los Angeles, CA, 90003

Grades 7-8

0.39 miles away

John C. Fremont High School

7676 S San Pedro St, Los Angeles, CA, 90003

Grades 9-12

0.30 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.