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
Courtesy of John L. Scott Real Estate. 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. 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
- Address849 W 73rd ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
