Stacey Alysson Melman

124 E 74th ST Los Angeles CA 90003 MLS #PW25124135

124 E 74th ST
Los Angeles, CA, 90003
$1,150,000
Beds
0 Baths
0 SqFt
0.18 Acres
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MLS #PW25124135 image #0
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 for 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.
AGENT: Jeff Cossio
LISTING BROKERAGE: Grand Avenue Realty & Lending
124 E 74th ST
Los Angeles, CA

Property Details

Price:
$1,150,000
MLS #:
PW25124135
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
c37metropolitansouth
Listed Date:
Jun 3, 2025
Total Sq Ft:
3,377
Lot Size:
7,704 sqft / 0.18 acres (approx)
Year Built:
1927
C37 – Metropolitan SouthC37metropolitansouthNone
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Schools

Interior

Flooring
LAM
Heating
WL
Interior Features
FC
Laundry Features
NO
Levels
A, S

Exterior

Common Walls
NCW
Community Features
CRB
Garage Spaces
5
Parking Spots
5
Parking Total
5
Roof
ROL, SPT
Spa Features
NO
View
NO

Financial

Net Operating Income
$61,783

Map

Community

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