$1,150,000
-$125,000124 E 74th Street, Los Angeles CA 90003
Multi-Family (6 Units)
Property type
367 days
On market
$341
Price per sqft
5 cars
Garage
1927
Year built
7,704 sqft
Lot size
Home highlights
Open Houses
Overview
Exceptional opportunity to acquire a six-unit multifamily property located in a high-demand Los Angeles submarket. The asset consists of six separate structures situated on a 7,702 sq. ft. lot, including four stand-alone 2-bedroom/1-bath units with no shared walls, and a rear building containing two 1-bedroom/1-bath units positioned above five covered garages. An additional...
Listing provided by: Jeff Cossio DRE #01503782 714-392-5803, Grand Avenue Realty & Lending
Listing updated: May 15, 2026 at 02:24am.
Last checked: Jun 5, 2026 at 12:30pm
Source: CRMLS #PW25124135
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 1 | 1 | 1 | — | $1,350 | $1,559 | $1,650 | Unfurnished |
| 1 | 1 | 1 | — | $0 | $1,650 | $1,650 | Unfurnished |
| 1 | 2 | 1 | — | $1,178 | $1,950 | $2,250 | Unfurnished |
| 1 | 2 | 1 | — | $2,054 | $1,178 | $2,250 | Unfurnished |
| 1 | 2 | 1 | — | $2,100 | $1,124 | $2,250 | Unfurnished |
| 1 | 2 | 1 | — | $1,157 | $2,100 | $2,250 | Unfurnished |
# of Buildings: 5
# of Units Total: 6
Separate Electric Meters: 6
Separate Gas Meters: 6
Separate Water Meters: 1
Rent Control: Yes
Units Leased: 5
Financial Snapshot
Gross Rent Multiplier
12.2x
List Price / Annual Gross Rent
Cap Rate
5.37%
NOI / List Price
Gross Scheduled Income: $94,068
Operating Expense: $32,000
Net Operating Income: $61,783
Annual Operating Expenses
Electric: $0
Fuel: $0
Insurance: $0
Professional Management: $0
Trash: $0
Water / Sewer: $0
Interior
Flooring: Laminate
Heating: Wall Furnace
Laundry: None
Entry Location: 1 & 2 Floor
Exterior
Property Attached: No
Stories Total: 2
Levels: One, Multi Split
Roof: Rolled Hot Mop, Spanish Tile
Construction Materials: Copper Plumbing
Common Walls: No Common Walls
Lot Features: Zero To One Unit Acre, Flag Lot, Paved
Pool: None
Spa: None
Water Source: Public
Sewer: Public Sewer
View: None
Garage and Parking
Garage Spaces: 5
Parking Total: 5
Lot Information
Land Lease: No
Common Interest: None
Parcel #: 6022003011
Additional Parcels: No
Tax Lot: 54
Zoning: LAR1
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Curbs
Nearby Schools
Nearby schools around the 124 E 74th Street, Los Angeles, CA 90003. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$920,000
Total Interest
$1,173,409
Total Payment
$2,093,409
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$7,163
per month
Property History for 124 E 74th Street
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90003.
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