Los Angeles, CA 90044,944 W 74th ST W
Los Angeles, CA 90044,944 W 74th ST W
Los Angeles, CA 90044,944 W 74th ST W
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$1,300,000
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5,601 Sqft Lot
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944 W 74th ST W Los Angeles, CA 90044

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Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25102233

HOA Y/N No

Year Built 1998

Lot Size 5,601 Sqft

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 return based on full occupancy.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LARD2

Interior

Interior Features Bedroom on Main Level

Heating Central

Cooling None

Fireplaces Type None

Fireplace No

Appliance Gas Oven

Laundry Inside

Exterior

Parking Features Assigned, Carport

Carport Spaces 4

Pool None

Community Features Park, Urban

Utilities Available Electricity Connected, Natural Gas Available, See Remarks

View Y/N No

View None

Total Parking Spaces 4

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6020005008

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Ellie Sonboli • Elmira Sonboli, Broker • 626-536-8979

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agent

Khatera Mivehchi

Broker Associate | License ID: 01410928

+1(619) 990-7293

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944 W 74th ST W