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601 W 74Th St, Los Angeles, CA 90044
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601 W 74Th St Los Angeles, CA 90044

$850,000
  • 12 Beds
  • 6 Baths
  • 1,983 Sq.Ft.
For Sale
$850,000 Get Pre-Qualified
Map preview of 601 W 74Th St, Los Angeles, CA 90044

Property Overview: 601 W 74Th St Los Angeles, CA has 12 bedrooms, 6 bathrooms, 1,983 living square feet and 7,007 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: Great investment opportunity. This Triplex is being run as a 30+ day rental on Airbnb. Front house is a 3 bedroom. Converted into two separate units without permit. Back building is made of side by side adjoining 1/1 units. There is a Shed at the end of the driveway the houses the laundry machines. Long driveway which accommodates several car parking. A large back yard which is adjacent to alley can potentially be used as parking. large front yard.

Listed by Shamim Khorsand Mashhadi | BRE #02042990 | RE/MAX ESTATE PROPERTIES
Last checked: 7 minutes ago | Last updated: May 13th, 2024 | Source CRMLS | DOM: 23
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Home details

Lot Sq. Ft
7,007
HOA Dues
$0/mo
Year built
1920
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24388113
City
Los Angeles
County
Los Angeles
Time on Site
13 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 3
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $2,750
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 2
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Total Rent: $0
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5%
  • Gross Rent Multiplier: 11
  • Gross Scheduled Income: --
  • Net Operating Income: $43,141
  • Gross Operating Income: $74,368
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 601 W 74Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Laundry Information
  • Has Laundry
  • Washer Included, Dryer Included
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Driveway
Property Information
  • No View
  • View: None
  • Total # of Units: 4
  • Parcel Number: 6020025022
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Florence Blvd. East to Figueroa Blvd., make Right to 74th St. make Right, property will be on the Right.
View more facts & features

Local Los Angeles Agent

Sale History for 601 W 74Th St

Last sold for $761,000 on October 29th, 2021

  • April, 2024

  • Apr 26, 2024

    Date

    Active

    CRMLS: 24388113

    $850,000

    Price

  • August, 2021

  • Aug 26, 2021

    Date

    Pending

    CRMLS: OC21181589

    $739,000

    Price

  • Aug 17, 2021

    Date

    Active

    CRMLS: OC21181589

    $739,000

    Price

  • Listing provided courtesy of CRMLS

    Nicely renovated three bedroom home with a duplex behind for three total dwelling units - Seller will deliver all three units vacant at closing. approx 1,200 sq ft 3bed 1 bath home on the front of the lot with two 1bd-1bath units behind with a shared driveway to the street. Laminated wood floors, bright white kitchen cabinets and updated bathrooms. Ready to move in!

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Tax History for 601 W 74Th St

Assessed Value (2020): $42,945
Year Land Value Improved Value Assessed Value
2020 $21,265 $21,680 $42,945

Home Value Compared to the Market

This property vs the competition

601 W 74Th St is listed 32% lower than the median list price for the city of Los Angeles which has a median list price of $1,250,000. The median price per/sqft for Los Angeles is $777 and this home is listed at $428.64 per/sqft which puts the price per square foot 44.83% lower than the median price per square foot for the city of Los Angeles.

About 601 W 74Th St

Detailed summary of property

601 W 74Th St is a multi family located in Los Angeles, CA 90044 and is currently for sale. This multi family property offers 12 bedrooms, 6 bathrooms, roughly 1,983 living square feet, and sits on an approximately 7,007 square foot lot. 601 W 74Th St was first listed on ArdentRealEstateGroup.com on May 6, 2024. The homeowner is currently asking $850,000. The median priced home in Los Angeles is $1,250,000 with a median price per square foot of $777. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 32% lower than the median priced home. Local competing homes currently for sale include 333 W 74th St, 353 W 77th St and 7704 S Grand Ave. While the average home in Los Angeles, CA is selling in 92 days, 601 W 74Th St has a days on market of 23 days. There are currently 3712 homes for sale in the Los Angeles real estate market and 2493 of them are single family homes while 1120 of them are condos and 93 are townhomes. For more information on this home for sale at 601 W 74Th St Los Angeles, CA 90044 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 601 W 74Th St

Public county record property details
Beds
5
Baths
3
Year built
1920
Sq. Ft.
1,983
Lot Size
7,004
Stories
--
Type
Triplex (3 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
83
APN
6020-025-022

The source for these homes facts are from public records.

90044 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$670,000
Median List Price/Sq.Ft.
$516
Median Sold Price
$739,000
Median Sold Price/Sq.Ft.
$461
Total Inventory
78
Median Sale to List Price %
105.57%
Avg Days on Market
76
Loan Type
Conventional (35.71%), FHA (35.71%), VA (0%), Cash (7.14%), Other (0%)

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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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