124 E 74th ST, Los Angeles, CA 90003
124 E 74th ST, Los Angeles, CA 90003
124 E 74th ST, Los Angeles, CA 90003
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 1,150,000
Est. payment | /mo

7,705 Sqft Lot

Save
$ 1,150,000
Est. payment | /mo
Save

7,705 Sqft Lot

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25124135

HOA Y/N No

Year Built 1927

Lot Size 7,705 Sqft

Property Sub-Type Mixed Use

Property Description

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.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAR1

Interior

Heating Wall Furnace

Flooring Laminate

Fireplace No

Laundry None

Exterior

Garage Spaces 5.0

Garage Description 5.0

Pool None

Community Features Curbs

View Y/N No

View None

Roof Type Rolled/Hot Mop,Spanish Tile

Total Parking Spaces 5

Private Pool No

Building

Lot Description 0-1 Unit/Acre, Flag Lot, Paved

Story 2

Entry Level One,Multi/Split

Sewer Public Sewer

Water Public

Level or Stories One, Multi/Split

New Construction No

Others

Senior Community No

Tax ID 6022003011

Acceptable Financing Cash, Conventional, 1031 Exchange

Listing Terms Cash, Conventional, 1031 Exchange

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Jeff Cossio Grand Avenue Realty & Lending 714-392-5803, DRE #01503782

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Broker Associate | License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.