642 W 74th Street, Los Angeles, CA 90044

$1,350,000 Approx. USD 0 beds, 0 baths

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Brochure

Photo of Jimmy Harmantzis

Marketed By Jimmy Harmantzis REALTOR® - Broker Associate 949-212-2023 m
949-212-2023 o
Lic#: 01234982
NRDS ID: 641526390
JimmyHarmantzis@bhhscal.com Mission Viejo Office
23120 Alicia Parkway, Suite 100
Mission Viejo, CA 92692
Phone: 949-768-1000
Fax: 949-587-0915

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Agent Remarks

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.

Listing Details

Property type: Apartment (Multi-Family)

Status: Active

MLS# SB25055044

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

Price: $1,350,000

Beds: 0

Baths: 0

Built in 1963

0.16 acres

Lot size: 0.1608

County: Los Angeles