944 W 74thLos Angeles, CA 90044

Multi-Family · 2,825 Sq. ft. | 0.13 Acres
$1,120,000 Active

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.

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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

31
Median Age
19,464
Population Density (per sq. mile)
14%
College Educated
$39,434
Estimated Median Income
8,220
Estimated Total Home Owners
20,148
Estimated Total Renters
29% / 71%
Estimated Owner / Renter Divide
4
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

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

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

944 W 74th Market Data

Based on the last 30 days in this zip code

$730,687
Average List Price
$493
Average Price per Square Foot
15
Properties Sold
117
Average Days on Market
198
Properties for Sale
Calculations provided by Reliance Network

944 W 74th History

Date Event Value Agent
3/23/2026Source: CRMLS Added to Database
March 23, 2026
Listing provided courtesy of Regency Real Estate BrokersEllie Sonboli- MLS# OC26063169MLS ProviderContact Information: [email protected] - 949-707-4400
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