358 E 73rd Street, Los Angeles, CA 90003 (MLS # 25477221)

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PRICE $885,000 dsIDX morgage calculator
BEDS 4
BATHS 3
HOME SIZE 1,846 sqft
LOT SIZE 6,717 sqft
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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.

DAYS ON MARKET 2 LAST UPDATED 1/6/2025
YEAR BUILT 1937 COMMUNITY Metropolitan South
COUNTY Los Angeles STATUS Active
PROPERTY TYPE(S) Residential Income


ADDITIONAL DETAILS
AIR None
AREA Metropolitan South
GARAGE None
LOT 6716 sq ft
PARKING None
STORIES 1
ZONING LAR2
MORTGAGE CALCULATOR
   

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