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245 W 73Rd St, Los Angeles, CA 90003
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245 W 73Rd St Los Angeles, CA 90003

$899,000
  • 5 Beds
  • 4 Baths
  • 2,746 Sq.Ft.
For Sale
$899,000 Get Pre-Qualified
Map preview of 245 W 73Rd St, Los Angeles, CA 90003

Property Overview: 245 W 73Rd St Los Angeles, CA has 5 bedrooms, 4 bathrooms, 2,746 living square feet and 6,343 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: 245 W 73rd St is a 4 unit property on a 6,341 lot Sq. Ft. corner lot zoned LAR2. The property is compromised of 3 separate buildings. Front house consists of 2 Bedroom / 1 Bath unit, middle two story building consists of two 1 Bedroom / 1 Bath. The last building in the back consists of 1 Bedroom / 1 Bath on top of (4) single car garages. Each unit is separately metered for gas and electricity. This property is close to the 105 fwy, 110 fwy, and 10 fwy and a variety of transit stations off on S broadway & W Florence Ave. Buyer's can negotiate cash for keys with tenants.

Listed by Cesar Gonzalez | BRE #01916711 | HOMEQUEST REAL ESTATE
Co-listed by Ricardo Fosado | BRE #02137418 | Century 21 Allstars
Last checked: 6 minutes ago | Last updated: June 22nd, 2024 | Source CRMLS | DOM: 28
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Home details

Lot Sq. Ft
6,343
HOA Dues
$0/mo
Year built
1907
Garage
4 Car
Property Type:
Fourplex
Status
Active
MLS#
CV24112098
City
Los Angeles
County
Los Angeles
Time on Site
28 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 3
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,404
  • Total Rent: $1,404
  • Pro Forma/Market Rent: $2,600
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $974
  • Total Rent: $974
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,900
  • Total Rent: $1,900
  • Pro Forma/Market Rent: $2,100
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,000
  • Total Rent: $1,000
  • Pro Forma/Market Rent: $2,100
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $63,336
  • Net Operating Income: $44,762
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $18,574
  • New Taxes: $10,900
  • Trash: $0
  • Insurance: $1,900
  • Water/Sewer: $3,700

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Property Details for 245 W 73Rd St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • No Laundry
  • None
Interior Features
  • Levels: Two
Exterior Features
Exterior Information
  • Roof: Shingle
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 8
  • Has Parking
  • Parking Features: Assigned
Lot Information
  • Lot Features: Corner Lot, Walkstreet
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: City Lights
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 6031002019
  • Year Built Source: Assessor
  • Entry Level: 1
  • Foundation Details: Raised
  • Property is Attached
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Between Florence and Broadway
Neighborhood Information
  • Community Features: Sidewalks, Storm Drains, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 245 W 73Rd St

Last sold for $800,000 on June 21st, 2022

  • June, 2024

  • Jun 3, 2024

    Date

    Active

    CRMLS: CV24112098

    $959,000

    Price

  • June, 2022

  • Jun 21, 2022

    Date

    Sold

    CRMLS: SB22090345

    $800,000

    Price

  • May 2, 2022

    Date

    Active

    CRMLS: SB22090345

    $800,000

    Price

  • Listing provided courtesy of CRMLS

    245 W 73rd St is a 4 unit property on a 6,341 lot Sq.Ft. corner lot zoned LAR2. The property is compromised of 3 separate buildings. Front house consists of 2 Bedroom / 1 Bath unit, middle two story building consists of two 1 Bedroom / 1 Bath. The last building in the back consists of 1 Bedroom / 1 Bath on top of (4) single car garages. Each unit is separately metered for gas and electricity. This property is close to the 105 fwy, 110 fwy, and 10 fwy and a variety of transit stations off on S broadway & W Florence Ave. Buyer's can negotiate cash for keys with tenants.

  • June, 2004

  • Jun 15, 2004

    Date

    Sold (Public Records)

    Public Records

    $360,000

    Price

  • April, 2003

  • Apr 8, 2003

    Date

    Sold (Public Records)

    Public Records

    $228,500

    Price

Show More

Tax History for 245 W 73Rd St

Assessed Value (2020): $468,004
Year Land Value Improved Value Assessed Value
2020 $201,502 $266,502 $468,004

Home Value Compared to the Market

This property vs the competition

245 W 73Rd St is listed 27.27% lower than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $775 and this home is listed at $327.39 per/sqft which puts the price per square foot 57.76% lower than the median price per square foot for the city of Los Angeles.

About 245 W 73Rd St

Detailed summary of property

245 W 73Rd St is a fourplex located in Los Angeles, CA 90003 and is currently for sale. This fourplex offers 5 bedrooms, 4 bathrooms, roughly 2,746 living square feet, and sits on an approximately 6,343 square foot lot. 245 W 73Rd St was first listed on ArdentRealEstateGroup.com on June 3, 2024. The homeowner is currently asking $899,000 and was originally asking $959,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $775. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 27.27% lower than the median priced home. Local competing homes currently for sale include 6211 S Broadway, 203 E 82nd St and 348 E 68th St. While the average home in Los Angeles, CA is selling in 99 days, 245 W 73Rd St has a days on market of 28 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 245 W 73Rd St Los Angeles, CA 90003 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 245 W 73Rd St

Public county record property details
Beds
4
Baths
4
Year built
1907
Sq. Ft.
2,746
Lot Size
6,341
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
24
APN
6031-002-019

The source for these homes facts are from public records.

90003 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$575,000
Median List Price/Sq.Ft.
$583
Median Sold Price
$535,000
Median Sold Price/Sq.Ft.
$575
Total Inventory
42
Median Sale to List Price %
101.9%
Avg Days on Market
34
Loan Type
Conventional (0%), FHA (11.11%), VA (11.11%), Cash (44.44%), Other (33.33%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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