Los Angeles, CA 90003,124 E 74th ST
Los Angeles, CA 90003,124 E 74th ST
Los Angeles, CA 90003,124 E 74th ST
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$1,350,000
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7,705 Sqft Lot
Active

124 E 74th ST Los Angeles, CA 90003

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Key Details

Property Type 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

Turnkey 6-Unit Multi-Family Investment – Cash Flow from Day One in High-Demand Location. Investor Special! This is the classic, no-frills deal you've been waiting for—a 6-unit multi-family property offering immediate cash flow, strong tenant demand, and steady performance in a dense, sought-after rental market. The property features a unique layout with four charming cottage-style units, offering added privacy and curb appeal. Tenants appreciate the on-site parking, a major perk in this high-density area. All units are occupied, generating solid monthly income, with capital improvements already in place to reduce your future maintenance costs. Recent upgrades include new countertops and kitchen sinks, updated flooring throughout units, newer windows for better energy efficiency, replaced water heaters, new wall heaters, reglazed bathtubs, modernized lighting fixtures, and an exterior fire extinguisher for added safety. With strong in-place rents and stable tenancy, this is a hassle-free investment perfect for the buy-and-hold investor looking to grow their portfolio with a dependable asset in a proven rental market. This is a clean, cash-flowing property in one of the area's most resilient rental corridors. Schedule a tour today and start collecting returns on Day One.

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


California Regional MLS (CRMLS)
Listed by Jeff Cossio • Grand Avenue Realty & Lending • 714-392-5803

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agent

Analicia Diaz

Agent | License ID: 02187306

+1(619) 227-5757

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124 E 74th ST