Listing provided courtesy of Nest Seekers- MLS# 26650397
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Request Info358 E 73rd StLos Angeles, CA 90003
Multi-Family · 4 Beds · 1,846 Sq. ft. | 0.15 Acres$724,995
Active
358 E 73rd St Overview
- Time on Site:
- 132 days
- Visits:
- 0
Value-add multifamily opportunity in Los Angeles, also known as 7301 Towne Ave. Situated on a large 6,714 sq ft corner lot, this R2-zoned property consists of a single-family residence plus a duplex (3 units total), offering both stable in-place income and multiple paths for upside. The property currently offers a strong cap rate, with clear opportunities to increase rents to market levels, renovate existing units, and add an ADU to further maximize income. The corner lot configuration and favorable zoning create long-term redevelopment and expansion potential, making this an ideal asset for investors seeking both cash flow and future value growth. Centrally located near schools, parks, public transportation, and major thoroughfares, this property combines strong fundamentals, flexible exit strategies, and long-term appreciation potential in a high-demand rental market.
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358 E 73rd St Facts & Features
- Type Multi-Family
- Sq. ft. 1,846
- Price/Sq.ft. $393
- Lot 0.15 Acres
Details
General
Income/Expenses
- Gross Income: 48048
- Net Operating Income: 35400.00
Building Information
- Year Built: 1937
Location/Region
- Country: US
- County Or Parish: Los Angeles
- MLS Area Major: Metropolitan South
Tax Information
- Tax Assessed Value: 630705
General Information
- Disclosures: None
- Property Type: Residential Income
- Zoning: LAR2
Interior
Beds/Baths
- Bathrooms Total: 3.00
- Bedrooms Total: 4
General Information
- Cooling: None
- Heating: Wall Gas
- Levels: One
- Living Area: 1846
- Living Area Source: Vendor Enhanced
- Stories: 0
Exterior
Parking Information
- Parking Total: 0
Lot Information
- Lot Size Acres: 0.1542
- Lot Size Area: 6716
- Lot Size Source: Vendor Enhanced
- Number Of Buildings: 2
General Information
- Number Of Units Total: 3
- Other Structures: None
358 E 73rd St Neighborhood
Community
90003 (Los Angeles) Demographics
29
Median Age
20,870
Population Density (per sq. mile)
10%
College Educated
$42,220
Estimated Median Income
4,717
Estimated Total Home Owners
12,825
Estimated Total Renters
27% / 73%
Estimated Owner / Renter Divide
4
Estimated Average Household Size
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.358 E 73rd St Monthly Cost
358 E 73rd St Market Data
Based on the last 30 days in this zip code
$629,258
Average List Price
$499
Average Price per Square Foot
19
Properties Sold
133
Average Days on Market
145
Properties for Sale
358 E 73rd St History
| Date | Value | Agent |
|---|---|---|
| 4/21/2026Source: CRMLS | $724,995 -3.2% |
|
| 4/21/2026Source: TheMLS (CLAW) | $724,995 -3.2% |
|
| 2/18/2026Source: CRMLS | February 18, 2026 |
|
| 2/18/2026Source: TheMLS (CLAW) | February 18, 2026 |