944 W 74th ST W Active Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90044
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25102233
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. All three units are currently tenant-occupied. Each duplex unit features 3 bedrooms and 2 bathrooms. The ADU offers 3 bedrooms and 1 bathroom. The ADU is rented for $3,000 per month. The ADU was 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.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LARD2
Interior
Heating Central
Cooling None
Fireplaces Type None
Laundry Inside
Exterior
Parking Features Assigned,Carport
Pool None
Community Features Park,Urban
Utilities Available Electricity Connected,Natural Gas Available,See Remarks
View Y/N No
View None
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional,Cal Vet Loan,1031 Exchange
Listing Terms Cash,Cash to New Loan,Conventional,Cal Vet Loan,1031 Exchange
Special Listing Condition Standard