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$850,000   Price Analysis
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601 W 74th St
Los Angeles, CA 90044
5 bed 3 bath 1,983 SqFt ($428/SqFt)
7,007SqFt lot. Built 1920
Listed 2024-05-06, Taxes $9,075
Ⓧ USDA Ineligible
due to price & location

near Westmont

Great investment opportunity.

This Triplex is being run s a 30+ day rental on Airbnb. Front house is a 3 bedroom. Converted into two separate units without permit. B ack 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.


Presented by shamim khorsand mashhadi at
RE/MAX Estate Properties.
Listing Agent Photo

Property MLS #24-388113 from TheMLSCLAW

Bedrooms: 5

Total Bathrooms: 3
Full Bathrooms: 3

Heating Features: Wall

Other Structures: Shed(s)

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

Garage Description: Driveway

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 2
Number of Units: 4
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 1500, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 1500, 3 BedsTotal: 3, 3 BathsTotal: 1, 3 SquareFeet: 2750

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

YearAssessments
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

Listed 2024-05-06
$850,000
TheMLSCLAW
Sold 2021-10-29
$761,000
CRMLS

Net Operating Income: 43141

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

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

Gerald A. Lawson Academy Of The Arts, Mathematics And Science is a public elementary school located approximately 0.5 miles away.
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Mary Mcleod Bethune Middle School is a public middle school located approximately 0.6 miles away.
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Academy For Multiligual Arts And Science At Mervyn M. Dymally High is a public high school located approximately 1.3 miles away.
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St. Raphael Elementary School is a private elementary and middle school located approximately 0.4 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.