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 6.44% Cap Rate and 9.75 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.
MLS #
CRSB25055044
MLS Source
California Regional MLS
Days on Site
4
Garage/Parking
Garage: 0 Car(s)
# Buildings | # Leased Units | # Total Units |
---|---|---|
1 | – | – |
642 W 74th St is a Residential Income in Los Angeles, CA 90044. This – square foot property sits on a 7,003 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,395,000 and was built in 1963.
This address can also be written as 642 W 74th St, Los Angeles, CA 90044.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of March 12, 2025. For the most current information, please contact Josh Cohen, (310) 480-2130