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
Courtesy of Grand Avenue Realty & Lending. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than The Agency RE include the name of the listing broker. Neither the listing company nor The Agency RE shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved. 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
- Address124 E 74th ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90003
