944 W 74th Street new

Los Angeles,CA 90044

$ 1300000

9 Beds

0 Bath

2825 SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,825 sqft

Price per Sqft $460

MLS Listing ID CRPW25102233

Bedrooms 9

HOA Y/N No

Year Built 1998

Lot Size 5,600 Sqft

Acres 0.13

Property Sub-Type Duplex

Property Description

NO RENT CONTROL! Excellent Investment Opportunity — Best Current Rate of Return in the Area! This rare, legal duplex includes a fully permitted ADU, offering a unique opportunity for investors to achieve above-average returns or for owner-occupants to live in one unit while the other two help pay the mortgage. The detached duplex units (944 and 946) were built in 1998, and the ADU was constructed in 2023. Two of the units are currently tenant-occupied. Each duplex unit features 3 bedrooms and 2 bathrooms. The ADU offers 3 bedrooms and 1 bathroom and is currently vacant. The ADU was rented for $3,500 per month until March 2025. The ADU, built in 2023, has its own postal address and is in good condition. Unit 946 is also in good condition, while Unit 944 could benefit from some cosmetic improvements. Covered parking is available beneath the ADU. Each unit has its own laundry hookups, as well as separate gas and electric meters. This property is conveniently located near Downtown LA, USC, L.A. Live, museums, Crypto.com Arena, the convention center, LAX, SoFi Stadium, and the YouTube Theater. Total current rental income is $5,800 per month, with a scheduled increase in June 2026. Don't miss this exceptional opportunity to secure a property with a strong rate of return! 8% rate of r

Location

State CA

County Los Angeles

Zoning LARD

Interior

Heating Central

Cooling No Air Conditioning

Fireplace No

Laundry Inside

Exterior

Exterior Feature Other

View Y/N false

View None

Total Parking Spaces 4

Building

New Construction No

Others

Tax ID 6020005008

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