About 124 E 74th Street
Exceptional opportunity to acquire a six-unit multifamily property located in a high-demand Los Angeles submarket. The asset consists of six separate structures situated on a 7,702 sq. ft. lot, including four stand-alone 2-bedroom/1-bath units with no shared walls, and a rear building containing two 1-bedroom/1-bath units positioned above five covered garages. An additional detached garage provides a total of six covered parking spaces with potential for ADU conversion (buyer to verify). Built in 1927, the property retains its architectural charm while benefiting from over $30,000 in recent capital improvements, including new dual-pane windows, fresh exterior paint, partial copper plumbing, and interior renovations in half of the units, partial roof. The layout offers privacy and appeal for long-term occupancy, with a unit mix that supports strong rental demand. This is a well-located multifamily asset with upside potential through further unit repositioning and possible ADU development.
Features of 124 E 74th Street
| MLS® # | PW25124135 |
|---|---|
| Price | $1,150,000 |
| Bedrooms | 10 |
| Bathrooms | 6.00 |
| Lot Size | 7,704 |
| Year Built | 1927 |
| Type | Residential Income |
| Sub-Type | Mixed Use |
| Status | Active |
| # Of Units | 6 |
Community Information
| Address | 124 E 74th Street |
|---|---|
| Area | C37 - Metropolitan South |
| City | Los Angeles |
| County | Los Angeles |
| Zip Code | 90003 |
Amenities
| Parking Spaces | 5 |
|---|---|
| # of Garages | 5 |
| View | None |
| Is Waterfront | No |
| Has Pool | No |
| Pool | None |
Interior
| Interior | Laminate |
|---|---|
| Heating | Wall Furnace |
| Has Basement | No |
| Fireplace | No |
| # of Stories | 2 |
| Stories | Multi/Split, One |
Exterior
| Exterior | Copper Plumbing |
|---|---|
| Lot Description | Flag Lot, Paved, ZeroToOneUnitAcre |
| Roof | Rolled/Hot Mop, Spanish Tile |
| Construction | Copper Plumbing |
Additional Information
| Date Listed | June 3rd, 2025 |
|---|---|
| Days on Market | 462 |
| Zoning | LAR1 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jeff Cossio |
|---|---|
| Office | Grand Avenue Realty & Lending |
