Stacey Alysson Melman

849 W 73rd ST Los Angeles CA 90044 MLS #26655025

849 W 73rd ST
Los Angeles, CA, 90044
$1,225,000
8 Beds
4 Baths
3,952 SqFt
0.13 Acres
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MLS #26655025 image #0
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 village 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.
AGENT: John Scott
LISTING BROKERAGE: John L. Scott Real Estate
849 W 73rd ST
Los Angeles, CA

Property Details

Price:
$1,225,000
MLS #:
26655025
Status:
Active
Beds:
8
Baths:
4
Type:
Single Family
Neighborhood:
c36metropolitansouthwest
Listed Date:
Feb 22, 2026
Finished Sq Ft:
3,952
Total Sq Ft:
3,952
Lot Size:
5,811 sqft / 0.13 acres (approx)
Year Built:
1965
C36 – Metropolitan SouthwestC36metropolitansouthwest
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Schools

Interior

Appliances
GD, RF
Cooling
NO
Flooring
LAM, CARP
Heating
FA, CF
Interior Features
CF
Levels
U

Exterior

Attached Garage YN
1

Financial

Gross Operating Income
$30,600
Net Operating Income
$28,000

Map

Community

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