358 E 73rd Street
Los Angeles, CA 90003
1846 sqft | 4 beds | 0.15 acres | #25477221
Description
Investment opportunity in the heart of Los Angeles, also known as 7301 Towne Ave. This property is situated on a large corner lot and features a single-family home and a duplex, offering three units in total. With its desirable R2 zoning, this property presents incredible potential for adding value, whether through upgrading the existing units, increasing rents to market rates, or developing an ADU. With a 4% cap rate, this property is perfect for investors seeking steady returns with room to grow. The spacious corner lot allows for creative development opportunities, making it an ideal choice for those looking to maximize income potential or create additional living spaces. Located in a convenient area close to schools, parks, and public transportation, this property combines solid investment fundamentals with the opportunity to enhance its value.
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- CountyLos Angeles
- Original List Price$885,000
- MLS #25477221
- MLS #25477221
- Acres0.1542
- Cost885000
- Square Feet1846
- Year Built1937
- Bedrooms4
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Maryna Pototska (#CLW-C139815)
Listing Office: Nest Seekers (#CLW-X78650)
Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.
