358 E 73rd Street, Los Angeles, CA 90003

• 4 beds |
• 3 baths |
• 1,846 sqft

Property Description

Value-add multifamily opportunity in Los Angeles, also known as 7301 Towne Ave. Situated on a large 6,714 sq ft corner lot, this R2-zoned property consists of a single-family residence plus a duplex (3 units total), offering both stable in-place income and multiple paths for upside. The property currently offers a strong cap rate, with clear opportunities to increase rents to market levels, renovate existing units, and add an ADU to further maximize income. The corner lot configuration and favorable zoning create long-term redevelopment and expansion potential, making this an ideal asset for investors seeking both cash flow and future value growth. Centrally located near schools, parks, public transportation, and major thoroughfares, this property combines strong fundamentals, flexible exit strategies, and long-term appreciation potential in a high-demand rental market.

Listing Status:

Active

Date Added:

February 11, 2026

Data Last Updated:

June 13, 2026 at 3:19AM

Listing Office:

Nest Seekers : 310-278-8861

Listing Agent:

Maryna Pototska : 949-903-9838

MLS ID:

26650397

Interior

• A/C: None

Exterior

• Parking: Parking spaces: 0

Construction

• General: 1

Location

• Originating MLS: CRMLS_CL
• County: Los Angeles

Lot

• Zoning: LAR26022018001

Financial

• Source: CRMLS_CL