Los Angeles, CA 90044,860 W 73rd St.
Los Angeles, CA 90044,860 W 73rd St.
Los Angeles, CA 90044,860 W 73rd St.
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$779,000
Est. payment /mo
5,601 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID DW25270199

HOA Y/N No

Year Built 1921

Lot Size 5,601 Sqft

Property Sub-Type Duplex

Property Description

Excellent income-producing opportunity in the heart of South Los Angeles! This well-maintained duplex plus non-conforming studio generates $4,250 per month ($51,000 annually) with both units currently leased—making it ideal for investors, 1031 exchange buyers, or owner-occupants looking to house hack.

The front unit features a 2-bedroom, 1-bath layout renting for $1,650/month. The rear unit, built in 2019, offers 3 bedrooms and 2 bathrooms with modern finishes and is rented for $2,600/month. A non-conforming studio provides additional upside income potential (buyer to verify), with estimated rent of approximately $1,200/month, bringing potential gross income to $65,400 per year.

Investment highlights include an approximate GRM of 15.3, cap rate around 5%, and a price per square foot of $342, well below the neighborhood average of approximately $488/SF. Property features include separate electric meters, parking for up to 5 vehicles, and a 5,600 SF lot.

Centrally located just minutes from the 110 Freeway, Downtown Los Angeles, SoFi Stadium, and major transit routes, this property benefits from strong rental demand and long-term growth potential.

Do not miss this rare opportunity to acquire a cash-flowing property with upside in a prime South LA location. Buyer to verify all information and income potential.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Interior

Fireplace No

Laundry Washer Hookup, Gas Dryer Hookup

Exterior

Pool None

Community Features Urban

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6020003001

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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CRMLS – RECore
Listed by Luis Carlos Hernandez Century 21 A Better Service 562-572-4661

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