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$ 724,995
Est. payment /mo
Price Dropped by $24K
358 E 73rd ST Los Angeles, CA 90003
4 Beds
3 Baths
1,846 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 1,846 sqft
Price per Sqft $392
MLS Listing ID 26650397
Bedrooms 4
HOA Y/N No
Year Built 1937
Lot Size 6,716 Sqft
Property Description
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 exit strategies, and long-term appreciation potential in a high-demand rental market.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LAR2
Interior
Cooling None
Fireplace No
Exterior
Parking Features None
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6022018001
Special Listing Condition Standard
Listed by Maryna Pototska Nest Seekers #02128636
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