124 E 74th Street
Los Angeles, CA 90003
Map
- – beds
- – baths
- – sqft
- 7,704 sqft lot
- 1927 build
- – on site
Turnkey 6-Unit Multi-Family Investment – Cash Flow from Day One in High-Demand Location. Investor Special! This is the classic, no-frills deal you've been waiting for—a 6-unit multi-family property offering immediate cash flow, strong tenant demand, and steady performance in a dense, sought-after rental market. The property features a unique layout with four charming cottage-style units, offering added privacy and curb appeal. Tenants appreciate the on-site parking, a major perk in this high-density area. All units are occupied, generating solid monthly income, with capital improvements already in place to reduce your future maintenance costs. Recent upgrades include new countertops and kitchen sinks, updated flooring throughout units, newer windows for better energy efficiency, replaced water heaters, new wall heaters, reglazed bathtubs, modernized lighting fixtures, and an exterior fire extinguisher for added safety. With strong in-place rents and stable tenancy, this is a hassle-free investment perfect for the buy-and-hold investor looking to grow their portfolio with a dependable asset in a proven rental market. This is a clean, cash-flowing property in one of the area's most resilient rental corridors. Schedule a tour today and start collecting returns on Day One.
Last checked:
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Last updated Jun 4, 2025
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MLS# PW25124135 —
The Building
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Year Built:1927
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:3377.00
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Building Area Units:Square Feet
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Total Number Of Units:6
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# of Buildings:5
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Roof:Rolled/Hot Mop, Spanish Tile
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Stories Total:2
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Entry Level:2
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Common Walls:No Common Walls
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# of Separate Gas Meters:6
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# of Separate Water Meters:1
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# of Separate Electric Meters:6
Interior
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Features:Copper Plumbing Full
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Levels:One, Multi/Split
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Entry Location:1 & 2 floor
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Flooring:Laminate
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Laundry:None
Location
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Directions:E on Main St, W on San Pedro, S on Florence, N on Manchester
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Latitude:33.97273600
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Longitude:-118.27291700
The Property
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Property Type:Residential Income
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Subtype:Commercial/Residential
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Zoning:LAR1
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Lot Features:0-1 Unit/Acre, Flag Lot, Paved
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Lot Size Area:7704.0000
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Lot Size Acres:0.1769
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Lot Size SqFt:7704.00
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Lot Size Source:Assessor
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View:None
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Census Tract:2396.01
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Tax Tract:4219
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Tax Lot:54
The Listing
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Special Listing Conditions:Standard
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Parcel Number:6022003011
Heating & Cooling
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Heating:1
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Heating:Wall Furnace
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Curbs
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
Parking
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Parking Spaces:5.00
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Garage Spaces:5.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/3/25
Jun 3, 2025
|
Listed / Active | CRMLS_CA | $1,350,000 | 4.2% (1.3% / YR) |
|
2/8/22
Feb 8, 2022
|
CRMLS_CA | $1,295,000 | ||
|
1/25/22
Jan 25, 2022
|
CRMLS_CA | $1,295,000 |
