Great investment opportunit y.

ED1 Eligible. Also eligible for new CHIP ordinance that can allow additional 50% density increase and significant parking reductions (See Docs). 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 lundry 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.

Request Information
on 601 W 74th St
in Los Angeles, CA
Presented by shamim khorsand mashhadi at
RE/MAX Estate Properties.


Property MLS #24-388113 from TheMLSCLAW

+ Reveal additional info including schools and tax history

+ Toggle All

+ Bedrooms

Bedrooms: 5

+ Bathrooms

Total Bathrooms: 3
Full Bathrooms: 3

+ Heating and Cooling

Heating Features: Wall

+ Exterior and Lot Features

Other Structures: Shed(s)

+ Land Info

Lot Size Acres: 0.1608586
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7007

+ Garage and Parking

Garage Description: Driveway

+ Homeowners Association

Association: No
Calculated Total Monthly Association Fees: 0

+ Multi-Unit Info

Number of Buildings: 2
Number of Units: 4
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 1900, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 1900, 3 BedsTotal: 3, 3 BathsTotal: 1, 3 SquareFeet: 3100

+ Other Property Info

Source Listing Status: Active
County: Los Angeles
Cap Rate: 5
Directions: Florence Blvd. East to Figueroa Blvd., make Right to 74th St. make Right, property will be on the Right.
Source Property Type: Residential Income
Area: Metropolitan Southwest
Source Neighborhood: Metropolitan Southwest
Owner Pays: Electricity, Gas, Water, Gardener
Parcel Number: 6020-025-022
Postal Code Plus 4: 6114
Zoning: LAR3
Source System Name: C2C
+ Reveal Tax History

Year	Assessments Building + Land Total	Tax
2022	$141,000 + $600,000 $741,000	$9,075
2021	$21,904 + $21,485 $43,389	$848
2020	$21,680 + $21,265 $42,945	$849
2019	$21,255 + $20,849 $42,104	$830
2018	$20,839 + $20,441 $41,280	$725
2017	$20,431 + $20,041 $40,472	$714
2016	$20,031 + $19,649 $39,680	$675
2015	$19,731 + $19,354 $39,085	$668
2014	$19,345 + $18,975 $38,320	$693
2013	$19,258 + $18,890 $38,148	$687
2012	$18,881 + $18,520 $37,401	$692
2010	$18,511 + $18,157 $36,668	$697
2009	$18,417 + $18,065 $36,482	$672
2009	$18,373 + $18,022 $36,395	$672
2008	$18,056 + $17,711 $35,767	$655
2007	$17,702 + $17,364 $35,066	$629

+ Reveal Property Sale History

Listed 2024-05-06
$850,000
TheMLSCLAW

---

Sold 2021-10-29
$761,000
CRMLS

+ Commercial Info

Net Operating Income: 43141

+ Building and Construction

Total Square Feet Living: 1983
Year Built: 1920
Common Walls: Attached
Levels: One Level
Living Area Source: Vendor Enhanced
Property Age: 104
Year Built Source: Vendor Enhanced

+ Home Features

Other Equipment: Washer, Range/Oven, Refrigerator, Dryer

+ Display Complete School Details

Gerald A. Lawson Academy Of The Arts, Mathematics And Science is a public elementary school located approximately 0.5 miles away.
Map directions

Mary Mcleod Bethune Middle School is a public middle school located approximately 0.6 miles away.
Map directions

Academy For Multiligual Arts And Science At Mervyn M. Dymally High is a public high school located approximately 1.3 miles away.
Map directions

St. Raphael Elementary School is a private elementary and middle school located approximately 0.4 miles away.
Map directions