Active

124 E 74th Street

Los Angeles, CA 90003
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Bed 0

Bed

Bath 0

Bath

SqFt3,377

Sqft

SqFt7,704

Sqft(Lot)

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 fo r 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,150,000

AD Id : 65141814

MLS Id : PW25124135

Lot Size : 7,704 Sqft

Living Area Size : 3,377

Year Built : 1927

Garage : 5

County : Los Angeles

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Roof: Rolled/Hot Mop,Spanish Tile Flooring: Laminate
  • Heating Source

    Wall Furnace Has Heating

  • Building Information

    Year Built: 1927 Building Area Total: 3,377 Construction: Copper Plumbing Roof: Rolled/Hot Mop,Spanish Tile
  • Pool Features

    None

    Laundry Features

    None

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1769
  • Lot Size Source: Assessor Lot Size Square Feet: 7704

  • Listing Price Information

    Original List Price: 1,150,000 Listing Contract Date: 2025-06-03
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 6022003011

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: C37 - Metropolitan South Postal Code Plus 4: 2114 Directions: E on Main St, W on San Pedro, S on Florence, N on Manchester Zoning: LAR1 Source Property Type: Residential Income Area: C37 - Metropolitan South Property SubType: Mixed Use
  • Building and Construction

    Property Age: 99 Common Walls: No Common Walls Structure Type: Mixed Use Year Built Source: Assessor Entry Level: 2 Entry Location: 1 & 2 floor Levels or Stories: One,Multi/Split Building Total Stories: 1
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
337 E 60th Street, Los Angeles, CA, 90003 $659,000 2 1 1,020 1,020 SqFt
7500 Avalon, Los Angeles, CA, 90003 $1,075,000 -- -- 4,560 4,560 SqFt
308 E 65th, Los Angeles, CA, 90003 $596,000 2 1 918 918 SqFt
341 E 71st Street, Los Angeles, CA, 90003 $799,000 6 -- 1,970 1,970 SqFt
358 E 73rd Street, Los Angeles, CA, 90003 $724,995 4 -- 1,846 1,846 SqFt
8100 Avalon Boulevard, Los Angeles, CA, 90003 $1,300,000 12 -- 3,680 3,680 SqFt
135 E 60th Street, Los Angeles, CA, 90003 $525,000 3 2 1,288 1,288 SqFt
7104 San Pedro, Los Angeles, CA, 90003 $2,050,000 -- -- 6,383 6,383 SqFt
8311 Avalon, Los Angeles, CA, 90003 $899,997 -- -- 2,088 2,088 SqFt
8325 Avalon Boulevard, Los Angeles, CA, 90003 $1,025,000 4 -- 3,600 3,600 SqFt

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ByOwner last updated this listing 06/11/2026 @ 05:36

MLS: PW25124135 LISTED BY: Jeff Cossio, Grand Avenue Realty & Lending 714-925-2020 SOURCE: CRMLS

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