944 W 74th, Los Angeles, CA 90044
944 W 74th, Los Angeles, CA 90044
944 W 74th, Los Angeles, CA 90044
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

+1(626) 630-2141
$1,120,000
Est. payment /mo
5,601 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26063169

HOA Y/N No

Year Built 1998

Lot Size 5,601 Sqft

Property Sub-Type Triplex

Property Description

AGENTS: PLEASE SEE PRIVATE REMARKS. NO RENT CONTROL!
Exceptional investment opportunity offering one of the best current rates of return in the area! This rare, legally configured duplex with a fully permitted ADU presents strong income potential for investors, or an ideal setup for an owner-occupant to live in one unit while generating income from the others.
The property includes two detached duplex units (944 & 946), built in 1998, along with a newer ADU constructed in 2023. All three units are currently tenant-occupied, providing immediate cash flow.
Each duplex unit features 3 bedrooms and 2 bathrooms. The ADU offers 3 bedrooms and 1 bathroom and is currently leased at $3,000 per month. The ADU is in good condition, has its own postal address, and benefits from newer construction. Unit 946 is also well maintained, while Unit 944 offers an opportunity for cosmetic upgrades and value enhancement.
Additional features include covered parking beneath the ADU, in-unit laundry hookups for each unit, and separate gas and electric meters for all units.
Ideally located near Downtown Los Angeles, USC, L.A. Live, museums, Crypto.com Arena, the Convention Center, LAX, SoFi Stadium, and the YouTube Theater—this property combines strong income potential with a highly desirable central location.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Interior

Heating Central

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Parking Features Carport

Carport Spaces 3

Pool None

Community Features Curbs, Street Lights

Total Parking Spaces 3

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 6020005008

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae, Freddie Mac

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA, Fannie Mae, Freddie Mac

Special Listing Condition Standard

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Listed by Ellie Sonboli Regency Real Estate Brokers 626-536-8979, DRE #01843904

NEARBY SCHOOL & BUSINESS

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