$1,395,000
- Beds
- Unknown
- sq ft
- Unknown
642 W 74th St, Los Angeles, CA 90044
642 W 74th St
Los Angeles, CA 90044
- 18 days on market
This 7-unit multifamily apartment offers a compelling investment opportunity with strong cash flow and rental upside potential of approximately 44% +/-. Priced competitively at a 6.44% Cap Rate and 9.75 GRM, an investor can step into a performing asset while enacting a value-add strategy to capture the remaining upside. The property features a unit mix of (5) two bedroom units and (2) one bedroom units, all of which are individually metered for gas and electricity, and also feature laundry hookups! The area has traditionally been a strong rental market, and units are always in high demand.
Details
Property type
Apartment
Lot size
7,003 sq ft
Price per sq ft
Unknown
Year built
1963
Price History
03/12/2025
CRMLS #SB25055044
Listed
$1,395,000
+37.78%
05/07/2018
CRMLS #SB17238641
Sold
$1,012,500
+26.56%
07/31/2015
CRMLS #PW15133755
Sold
$800,000
Schools & Community
Neighborhood:
South Los Angeles
Elementary school:
Unknown
Middle school:
Unknown
High school:
Unknown
Community features: Sidewalks
Community features:
Sidewalks
Status: Active
Tomo last checked: 03/31/2025 at 7:40 AM
Listing updated: 03/12/2025 at 4:19 PM
Listed by: Josh Cohen, Josh Cohen, Keller Williams South BayKeller Williams South Bay Phone #: (310) 375-3511
MLS: CRMLS #SB25055044
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