358 E 73rd St, Los Angeles CA, 90003

Active

358 E 73rd St

Los Angeles CA, 90003

$885,000

$479.41 per sqft

Active

4 Beds

3 Baths

1,846 sqft

Multi-family

Built in 1937

Investment opportunity in the heart of Los Angeles, also known as 7301 Towne Ave. This property is situated on a large corner lot and features a single-family home and a duplex, offering three units in total. With its desirable R2 zoning, this property presents incredible potential for adding value, whether through upgrading the existing units, increasing rents to market rates, or developing an ADU. With a 4% cap rate, this property is perfect for investors seeking steady returns with room to grow. The spacious corner lot allows for creative development opportunities, making it an ideal choice for those looking to maximize income potential or create additional living spaces. Located in a convenient area close to schools, parks, and public transportation, this property combines solid investment fundamentals with the opportunity to enhance its value.

25-477221

MLSⓇ ID

January 6, 2025

Listed

January 14, 2025

Updated

Map

358 E 73rd St
Los Angeles CA, 90003

Interior Features

Total Stories: 0
Bedrooms: 4
Total Bathrooms: 3
Appliances: Range/Oven
Fireplace: No
Cooling: No
Cooling Description: None
Heating: Yes
Heating Description: Wall Gas

Exterior/Building Features

Lot Size: 0.15 Acres

Other Property Details

Area Name: Metropolitan South
Days on Market: 8
Garage: No
Parking: None
Parking Total: 0
View: No
County: Los Angeles
Pool: No
Zoning: LAR2

Listed by Maryna Pototska with Nest Seekers
Listing Contact: 949-903-9838

Based on information from The MLS^TM / Combined LA/Westside Multiple Listing Service, Inc. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All information is deemed reliable but not guaranteed and should be independently reviewed and verified. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. All properties are subject to prior sale, change or withdrawal, and may or may not be listed by the office/agent presenting the information. Neither listing broker(s) nor Barrentine Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

Data last updated 1/14/2025