358 E 73rd Street
Los Angeles, CA 90003
4
Bed
0
Bath
1,846Sqft
6,716Sqft(Lot)
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 exi
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
-
Bedroom Information
Total Bedrooms: 4Bathroom Information
Total Baths: 3 Full Baths: 0 Half Baths: 0 -
Cooling Features
None Air Conditioning
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Building Information
Year Built: 1937 Building Area Total: 1,846
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Lot Details
Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.1542 -
Lot Size Source: Vendor Enhanced Lot Size Square Feet: 6716
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Listing Price Information
Original List Price: 724,995 Listing Contract Date: 2026-02-11 -
Lease Information
Listing Agreement: Exclusive Right To Sell
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Tax Information
Parcel Number: 6022018001
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Garage and Parking
Garage Description: NoneHomeowners Association
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Other Property Info
Source Listing Status: Active Source Neighborhood: C37 - Metropolitan South Postal Code Plus 4: 2222 Directions: From Florence Ave turn right on Towne Zoning: LAR2 Source Property Type: Residential Income Area: C37 - Metropolitan South -
Building and Construction
Property Age: 89 Year Built Source: Vendor Enhanced Total Square Feet Living: 1846 Levels or Stories: One Building Total Stories: 1
How much is this property worth?
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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 |
| 8100 Avalon Boulevard, Los Angeles, CA, 90003 | $1,300,000 | 12 | -- | 3,680 | 3,680 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 |
| 243 E 68th Street, Los Angeles, CA, 90003 | $780,000 | -- | -- | 1,964 | 1,964 SqFt |
| 7908 Towne Avenue, Los Angeles, CA, 90003 | $750,000 | 5 | -- | 1,826 | 1,826 SqFt |
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ByOwner last updated this listing 06/07/2026 @ 11:47
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