245 W 73rd, Los Angeles, CA 90003

$850,000

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List Price
$850,000
Status
ACTIVE
MLS#
OC26159345
Year Built
1907
Lot Size
6,343
Acres
0.15
Lot Location
2-5 Units/Acre
Days on Market
6
Property Type
Multifamily
Property Sub Type
Quadruplex

Property Description

** 4 UNITS, 1 VACANCY AND 2 CAR GARAGE WITH 2 ATTACHED STORAGE ROOM, POSSIBLE ADU** Exceptional investment opportunity featuring **4 units across 3 separate buildings**. The property consists of a detached **2-bedroom, 1-bath** single-family home, a detached two-story building with a **1-bedroom, 1-bath** unit, an additional **1-bedroom, 1-bath** unit that is **currently vacant**, and a detached upper-level **1-bedroom, 1-bath** unit with a bonus room situated above a **2-car garage with two attached storage rooms**, offering excellent **ADU conversion potential** (buyer to verify). Some units feature **laundry hookups** for added tenant convenience. All gas and electric meters are separately metered, with **water being the only shared utility**, helping minimize operating expenses. The detached layout provides added privacy for tenants while creating a desirable rental configuration with strong income and value-add potential. Conveniently located near shopping, schools, public transportation, and major freeways, this is an outstanding opportunity for investors or owner-occupants looking to maximize long-term upside.

Additional Information

Pool Description
None
Garage Spaces Total
2
Sewer
Public Sewer
Water
Public
Attached Structure
Attached
Number Of Units Total
4
Gross Scheduled Income
$64,640
Operating Expense
2700

Listing courtesy of Listing Agent: Diana Hernandez (dhernandez@ogroup.com) from Listing Office: The Oppenheim Group.

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.