Homes for sale - 642 W 74th ST, Los Angeles, CA 90044

REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.

In-PersonVirtual Tour

Wed

Apr

Thu

Apr

Fri

Apr

Jesus Hernandez-Ball

jesus@jhbrealestategroup.com +1(310) 248-0272

$ 1,395,000

Est. payment | -/mo

7,004 Sqft Lot

Save

$ 1,395,000

Est. payment | -/mo

Save

7,004 Sqft Lot

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB25055044

HOA Y/N No

Year Built 1963

Lot Size 7,004 Sqft

Property Sub-Type Apartment

Property Description

This 7-unit multifamily apartment offers a compelling investment opportunity with strong cash flow and rental upside potential of approximately 44% +/-. Priced competitively at a 6.44% Cap Rate and 9.75 GRM, an investor can step into a performing asset while enacting a value-add strategy to capture the remaining upside. The property features a unit mix of (5) two bedroom units and (2) one bedroom units, all of which are individually metered for gas and electricity, and also feature laundry hookups! The area has traditionally been a strong rental market, and units are always in high demand.

Location

State CA

County Los Angeles

Area 699 - Not Defined

Zoning LAR3

Interior

Fireplace No

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description Street Level

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6020023010

Acceptable Financing Cash, Cash to New Loan, 1031 Exchange

Listing Terms Cash, Cash to New Loan, 1031 Exchange

Special Listing Condition Standard

Listed by Josh Cohen • Keller Williams South Bay • 310-480-2130

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(310) 248-0272

jesus@jhbrealestategroup.com

23670 Hawthorne Blvd #100, Torrance, CA, 90505, USA

642 W 74th ST Los Angeles, CA 90044