358 E 73Rd Street, Los Angeles, CA 90003 - Berkshire Hathaway HomeServices California Properties
358 E 73rd Street Los Angeles, CA 90003
$885,000 4 beds, 3 baths
1, 846 sqft

Agent Remarks

Investment opportunity in the heart of Los Angeles, also known as 7301 Towne Ave. This property is situated on a large corner lot and features a single-family home and a duplex, offering three units in total. With its desirable R2 zoning, this property presents incredible potential for adding value, whether through upgrading the existing units, increasing rents to market rates, or developing an ADU. With a 4% cap rate, this property is perfect for investors seeking steady returns with room to grow. The spacious corner lot allows for creative development opportunities, making it an ideal choice for those looking to maximize income potential or create additional living spaces. Located in a convenient area close to schools, parks, and public transportation, this property combines solid investment fundamentals with the opportunity to enhance its value.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25477221
List price is $885,000
Beds: 4
Baths: 3
Built in 1937
1,846 sqft
1 story
0.15 acres
Lot size: 0.1542
County: Los Angeles
Zoning: LAR2
Parking description: None
Heating/cooling: None
MLS area: C37 - Metropolitan South

Last Updated: 1/19/2025

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This listing belongs to the C37 - Metropolitan South MLS area

Lat/Long: 33.973624, -118.267517.
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Listing Agent: Maryna Pototska
Lic#: 01234982
Office Name: Mission Viejo

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