642 W 74Th Street, Los Angeles, CA 90044 - Berkshire Hathaway HomeServices California Properties

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 6.70% Cap Rate and 9.43 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.

Property type: Apartment (Multi-Family)

Status: Active

MLS# SB25055044

List price is $1,350,000 Reduced by $45,000 on 4/16/2025

Beds: 0

Baths: 0

Built in 1963

0.16 acres

Lot size: 0.1608

County: Los Angeles

Zoning: LAR3

Lot description: Street Level

MLS area: 699 - Not Defined

Last Updated: 4/16/2025

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This listing belongs to the 699 - Not Defined MLS area

Lat/Long: 33.972408, -118.285379.
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Listing Agent: Josh Cohen
Lic#: 01276603
Office Name: Tustin

No schools were found in the area

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National: