849 W 73rd Street, Los Angeles, CA 90044

• 8 beds
• 3,952 sqft

Property Description

Exceptional 4-Unit Investment Opportunity with Strong Upside. This beautifully maintained four-unit property blends timeless old-world charm with thoughtful modern upgrades. Spanning nearly 4,000 square feet, the structure sits elevated to capture sweeping city and mountain views, creating a unique residential appeal rarely found in multi-unit assets. Two units are currently vacant, offering immediate value-add potential. A new owner can establish rents at fair market value and significantly increase cash flow from day one. With proper positioning, this asset has the capacity to debt service and deliver strong long-term performance. Located in an active redevelopment corridor, the surrounding community is experiencing meaningful revitalization. Vermont's state-designated downtown and village center programs provide tax credits, grants, and regulatory incentives to support the rehabilitation of older buildings and promote housing development. For 2026, at least $3 million in state income tax credits is available for projects prioritizing building safety improvements creating additional strategic upside for investors seeking long-term growth and stability. Additional features include a convenient on-site community laundry room and proximity to shopping, dining, transportation, and

Listing Status:

Active

Date Added:

February 22, 2026

Data Last Updated:

March 10, 2026 at 5:08PM

Listing Office:

John L. Scott Real Estate : 323-405-2500

Listing Agent:

John Scott : 323-405-2500

MLS ID:

CL26655025

Interior

• Flooring: LaminateCarpet
• A/C: No Air Conditioning
• Heating: Forced AirCentral

Exterior

• Parking: AssignedOther

Location

• Originating MLS: CRMLS
• County: Los Angeles

Lot

• Zoning: LARD6020002027

Financial

• Source: CRMLS