Los Angeles, CA 90044,944 W 74th Street
Los Angeles, CA 90044,944 W 74th Street
Los Angeles, CA 90044,944 W 74th Street
9
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$1,300,000
Est. payment /mo
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9 Beds
5 Baths
5,600 Sqft Lot
New

944 W 74th Street Los Angeles, CA 90044

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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 PW25102233

Bedrooms 9

HOA Y/N No

Lot Size 5,600 Sqft

Property Sub-Type Res Income 2-4 Units

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 return based on full occupancy.
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 return based on full occupancy.

Location

State CA

County Los Angeles

Area Los Angeles (90044)

Zoning Public Rec

Exterior

Parking Features Unit1:Assigned

Building

Story 1

Lot Size Range 4000-7499 SF

Level or Stories 1 Story

Others

Monthly Total Fees $30

Acceptable Financing Cash, Conventional

Space Rent $2,800

Listing Terms Cash, Conventional


San Diego Regional MLS (SDMLS)
Listed by Ellie Sonboli • Elmira Sonboli, Broker

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agent

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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944 W 74th Street