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849 W 73rd Street

Los Angeles, CA 90044
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Bed 8

Bed

Bath 4

Bath

SqFt3,952

Sqft

SqFt5,811

Sqft(Lot)

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 villa ge 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 major employment hubs. A rare opportunity to acquire a character asset with built-in equity growth and strong redevelopment tailwinds. New Stadium, Intuit Dome, Close to brand new Sparks arena. Get ready for 2028 Olympics, plus the World Cup soccer events. Ample assigned parking. USC adjacent, 5 mins away to all new George Lucas Narrative Museum. 10 mins to beaches and airport.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $1,150,000

AD Id : 75558127

MLS Id : 26655025

Beds : 8

Lot Size : 5,811 Sqft

Living Area Size : 3,952

Year Built : 1965

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total beds: 8

    Bathroom Information

    Total Baths: 4

    Flooring Information

    Carpet, Laminate
  • Interior Features

    CeilingFans
    Appliances: Disposal, Refrigerator
  • Heating & Cooling

    Has Heating: Yes Heating: Central, ForcedAir Cooling: None

  • Building Information

    Year Built: 1965
    Building Area Total: 3952
    Stories: 2
    Private Pool: No

  • Lot Information

    Main Square Feet: 5811 Lot Size Acres: 0.1334 Lot Size Source: Assessor Lot Size Square Feet: 5,811

  • Listing Price Information

    Listing Price: $1150000
    Original Price: $1350000

  • Tax Information

    Parcel Number: 6020002027

  • Location Information

    Direction: Hoover to 73rd
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
5879 Bonsallo Avenue, Los Angeles, CA, 90044 $700,000 4 3 1,993 5,338 Sqft
666 W 62nd Street, Los Angeles, CA, 90044 $605,000 3 2 1,497 5,402 Sqft
657 W 66th Street, Los Angeles, CA, 90044 $399,900 1 1 560 1,883 Sqft
6500 S Hoover, Los Angeles, CA, 90044 $730,000 3 4 -- 6,571 Sqft
6113 Menlo, Los Angeles, CA, 90044 $550,000 3 1 1,000 4,560 Sqft
633 W 75th Street, Los Angeles, CA, 90044 $869,000 5 2 1,800 7,008 Sqft
850 W Gage Avenue, Los Angeles, CA, 90044 $1,595,000 12 8 4,813 5,669 Sqft
717 W 73rd, Los Angeles, CA, 90044 $449,000 4 2 1,131 7,250 Sqft
606 W 78th Street, Los Angeles, CA, 90044 $879,000 5 3 1,672 7,152 Sqft
854 W 64th Street, Los Angeles, CA, 90044 $599,999 2 1 975 5,567 Sqft

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/07/2026 @ 18:45

MLS: 26655025 LISTED BY: John Scott, John L. Scott Real Estate 323-405-2500 SOURCE: CRMLS

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