849 W 73rd Street, Los Angeles, CA 90044

  • $1,350,000
849 W 73rd Street, Los Angeles, CA 90044
Active
849 W 73rd Street, Los Angeles, CA 90044
849 W 73rd Street, Los Angeles, CA 90044
  • $1,350,000

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.

  • Address 849 W 73rd Street
  • City Los Angeles
  • State/county CA
  • Zip/Postal Code 90044
  • Country US

Details

Updated on March 2, 2026 at 8:16 am
  • Property ID: 26655025
  • Price: $1,350,000
  • Property Size: 3952 Sqft
  • Land Area: 0.1334 Acres
  • Bedrooms: 8
  • Bathrooms: 4
  • Garage Size: x x
  • Year Built: 1965
  • Property Type: Residential Income
  • Property Status: Active

Additional details

  • Cooling: None
  • Heating: Central,Forced Air
  • Flooring: Carpet, Laminate
  • County: Los Angeles
  • Property Type: Residential Income
  • Parking: Attached Carport,Assigned

Contact Information

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Hoyt Hochman

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