849 W 73rd ST, Los Angeles, CA 90044
849 W 73rd ST, Los Angeles, CA 90044
849 W 73rd ST, Los Angeles, CA 90044
849 W 73rd ST, Los Angeles, CA 90044
849 W 73rd ST, Los Angeles, CA 90044
849 W 73rd ST, Los Angeles, CA 90044
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Richard Gaviria

Richard Gaviria

+1(951) 729-0596
$ 1,150,000
Est. payment | /mo

8 Beds

4 Baths

3,952 SqFt

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

8 Beds

4 Baths

3,952 SqFt

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,952 sqft

Price per Sqft $290

MLS Listing ID 26655025

Bedrooms 8

HOA Y/N No

Year Built 1965

Lot Size 5,810 Sqft

Property Description

Exceptional 4-Unit Investment Opportunity with Strong Upside. This beautifully maintained four-unit property blends timeless old-world charm with thoughtful modern upgrades. Spanning nearly 4,000 square feet, the structure sits elevated to capture sweeping city and mountain views, creating a unique residential appeal rarely found in multi-unit assets. Two units are currently vacant, offering immediate value-add potential. A new owner can establish rents at fair market value and significantly increase cash flow from day one. With proper positioning, this asset has the capacity to debt service and deliver strong long-term performance. Located in an active redevelopment corridor, the surrounding community is experiencing meaningful revitalization. Vermont's state-designated downtown and village center programs provide tax credits, grants, and regulatory incentives to support the rehabilitation of older buildings and promote housing development. For 2026, at least $3 million in state income tax credits is available for projects prioritizing building safety improvements creating additional strategic upside for investors seeking long-term growth and stability. Additional features include a convenient on-site community laundry room and proximity to shopping, dining, transportation, and major employment hubs. A rare opportunity to acquire a character asset with built-in equity growth and strong redevelopment tailwinds. New Stadium, Intuit Dome, Close to brand new Sparks arena. Get ready for 2028 Olympics, plus the World Cup soccer events. Ample assigned parking. USC adjacent, 5 mins away to all new George Lucas Narrative Museum. 10 mins to beaches and airport.

Location

State CA

County Los Angeles

Area C36 - Metropolitan Southwest

Zoning LARD2

Interior

Interior Features Ceiling Fan(s)

Heating Central, Forced Air

Cooling None

Flooring Carpet, Laminate

Fireplace No

Appliance Disposal, Refrigerator

Exterior

Parking Features Attached Carport, Assigned

Building

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6020002027

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by John Scott John L. Scott Real Estate #01369752

Nearby Locations

Richard Gaviria

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(951) 729-0596

richard@tothetopre.com

555 e FLORDIA ave, Hemet, California, 92544, USA

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849 W 73rd ST