$695,000

Multi Family (2 4 Units)

  • Updated: July 13
  • MLS#DW25270199

About the Property

Live in one and rent the other! This well-maintained duplex plus non-conforming studio generates $4,250 per month ($51,000 annually) with both units currently leasedmaking 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
Live in one and rent the other! This well-maintained duplex plus non-conforming studio generates $4,250 per month ($51,000 annually) with both units currently leasedmaking 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 14.5, cap rate around 5.4%, and a price per square foot of $342, well below the neighborhood average of approximately $325/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.
  • Property type

    Apartment

  • Year built

    1921

Features

  • Terrace
  • Duplex
  • Washer Dryer
  • Investment Property
  • Stone Countertops
  • Parking

Explore the Area

860 73rd St., LA, CA 90044, Los Angeles, California, United States View on Google Maps
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Luis Hernandez

Joined 10 years ago
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Luis Hernandez
California, United States
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2018
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CENTURY 21 A Better Service Realty
CENTURY 21 A Better Service Realty
10839 La Reina Ave Ste. 100, 90241, Downey, California, United States
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The Vision of Century 21 A Better Service is for all Sales & Administrative
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The Vision of Century 21 A Better Service is for all Sales & Administrative
Staff to support one another as partners in achieving our goals: Client
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enhancing a unique environment & client experience consistently providing
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Last updated
July 13
First listed
Dec 8, 2025
Listing reference
31DD531F-F426-4EF6-A4A2-317884066270
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