Los Angeles, CA 90003,358 E 73rd St
Los Angeles, CA 90003,358 E 73rd St
Los Angeles, CA 90003,358 E 73rd St
Los Angeles, CA 90003,358 E 73rd St
Los Angeles, CA 90003,358 E 73rd St
Los Angeles, CA 90003,358 E 73rd St
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$ 885,000
Est. payment | /mo

4 Beds

3 Baths

1,846 SqFt


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$ 885,000
Est. payment | /mo
Save

4 Beds

3 Baths

1,846 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 1,846 sqft

Price per Sqft $479

MLS Listing ID 25-477221

Bedrooms 4

Year Built 1937

Lot Size 6,716 Sqft

Acres 0.1542

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 Metropolitan South

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating Wall Gas

Cooling None

Equipment Range/Oven

Exterior

Parking Features None

Building

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Nest Seekers
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+1(213) 434-2433

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California, 91214-1304, USA

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358 E 73rd St