944 W 74th, Los Angeles, CA 90044
944 W 74th, Los Angeles, CA 90044
944 W 74th, Los Angeles, CA 90044
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Margaret DeLao

Margaret DeLao

+1(858) 229-8016
$1,120,000
Est. payment /mo
9 Beds
5 Baths
5,600 Sqft Lot
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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26063169

Bedrooms 9

Lot Size 5,600 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

AGENTS: PLEASE SEE PRIVATE REMARKS. NO RENT CONTROL! Exceptional investment opportunity offering one of the best current rates of return in the area! This rare, legally configured duplex with a fully permitted ADU presents strong income potential for investors, or an ideal setup for an owner-occupant to live in one unit while generating income from the others. The property includes two detached duplex units (944 & 946), built in 1998, along with a newer ADU constructed in 2023. All three units are currently tenant-occupied, providing immediate cash flow. Each duplex unit features 3 bedrooms and 2 bathrooms. The ADU offers 3 bedrooms and 1 bathroom and is currently leased at $3,000 per month. The ADU is in good condition, has its own postal address, and benefits from newer construction. Unit 946 is also well maintained, while Unit 944 offers an opportunity for cosmetic upgrades and value enhancement. Additional features include covered parking beneath the ADU, in-unit laundry hookups for each unit, and separate gas and electric meters for all units. Ideally located near Downtown Los Angeles, USC, L.A. Live, museums, Crypto.com Arena, the Convention Center, LAX, SoFi Stadium, and the YouTube Theaterthis property combines strong income potential with a highly desirable central location.

Location

State CA

County Los Angeles

Zoning Builder

Direction Between S Vermont Ave & W 74th St Cross Streets: Hoover St

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 6020005008

Acceptable Financing Cash, Conventional, Exchange, FHA

Listing Terms Cash, Conventional, Exchange, FHA

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MLS Router / San Diego MLS
Listed by Ellie Sonboli, DRE#01843904 Regency Real Estate Brokers 

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Margaret DeLao

Margaret DeLao

+1(858) 229-8016

Realtor | License ID: 01377428

Realtor License ID: 01377428

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