944 W 74th Overview
- Time on Site:
- 98 days
- Visits:
- 0
AGENTS: PLEASE SEE PRIVATE REMARKS. NO RENT CONTROL! Exceptional investment opportunity offering one of the best current rates of return in the area! This rare, legally configured duplex with a fully permitted ADU presents strong income potential for investors, or an ideal setup for an owner-occupant to live in one unit while generating income from the others. The property includes two detached duplex units (944 & 946), built in 1998, along with a newer ADU constructed in 2023. All three units are currently tenant-occupied, providing immediate cash flow. Each duplex unit features 3 bedrooms and 2 bathrooms. The ADU offers 3 bedrooms and 1 bathroom and is currently leased at $3,000 per month. The ADU is in good condition, has its own postal address, and benefits from newer construction. Unit 946 is also well maintained, while Unit 944 offers an opportunity for cosmetic upgrades and value enhancement. Additional features include covered parking beneath the ADU, in-unit laundry hookups for each unit, and separate gas and electric meters for all units. Ideally located near Downtown Los Angeles, USC, L.A. Live, museums, Crypto.com Arena, the Convention Center, LAX, SoFi Stadium, and the YouTube Theater—this property combines strong income potential with a highly desirable central location.
944 W 74th Facts & Features
- Type Multi-Family
- Sq. ft. 2,825
- Price/Sq.ft. $396
- Lot 0.13 Acres
Details
General
Association/HOA
- Common Interest: None
Income/Expenses
- Gross Income: 98400.0
- Gross Scheduled Income: 98400.0
- Insurance Expense: 4000.0
- Net Operating Income: 90500.0
- Operating Expense: 7900.0
- Trash Expense: 300.0
- Water Sewer Expense: 3600.0
Listing Information
- Contingency: Seller may perform a 1031 exchange; buyer to cooperate at no cost or delay to buyer. Photos were taken prior to tenant occupancy. All three units are currently occupied.
Building Information
- New Construction: No
- Year Built: 1998
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: C36 - Metropolitan Southwest
- Postal City: LOS ANGELES
Community/Development
- Community Features: Curbs,Street Lights
Rent/Lease Information
- Land Lease: No
General Information
- Listing Terms: Cash,Cash to New Loan,Conventional,1031 Exchange,FHA,Fannie Mae,Freddie Mac
- Parcel Number: 6020005008
- Property Sub Type: Triplex
- Property Type: Residential Income
- Rent Control: No
- Senior Community: No
- Special Listing Conditions: Standard
Interior
Parking Information
- Garage: No
Building Interior
- Building Area Total: 2825.0
- Building Area Units: Square Feet
General Information
- Common Walls: 2+ Common Walls
- Entry Level: 1
- Entry Location: Street
- Laundry Features: Electric Dryer Hookup,Gas Dryer Hookup
- Stories Total: 1
Exterior
Parking Information
- Parking Features: Carport
- Parking Total: 3.0
Lot Information
- Additional Parcels: No
- Lot Features: 0-1 Unit/Acre
- Lot Size Acres: 0.1286
- Lot Size Area: 5600.0
- Lot Size Source: Assessor
- Lot Size Square Feet: 5600.0
- Lot Size Units: Square Feet
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 3
- Number Of Separate Gas Meters: 3
- Number Of Separate Water Meters: 1
- Elevation Units: Feet
- Water Source: Public
Building Exterior/Construction
- Property Attached: Yes
General Information
- Carport Spaces: 3.0
- Carport: Yes
- Number Of Units Total: 3
- Pool Features: None
- Pool Private: No
- Sewer: Public Sewer
944 W 74th Neighborhood
Community
90044 (LOS ANGELES) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.944 W 74th Monthly Cost
944 W 74th Market Data
Based on the last 30 days in this zip code
944 W 74th History
| Date | Value | Agent |
|---|---|---|
| 3/23/2026Source: CRMLS | March 23, 2026 |
Contact Information: [email protected] - 949-707-4400