Properties

Los Angeles, CA 90044 849 W 73rd Street

849 W 73rd Street Los Angeles, CA - Image 1849 W 73rd Street Los Angeles, CA - Image 2849 W 73rd Street Los Angeles, CA - Image 3
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Presented By: John Scott with John L. Scott Real Estate;
  • MLS# 26655025
  • 02/22/2026
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  • Beds • 8
  • Baths • 1
  • SQFT • 3,952

Home Details

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.
Presented By: John Scott with John L. Scott Real Estate;

Interior Features for 849 W 73rd Street

Bedrooms

Total Bedrooms8

Bathrooms

1/4 Baths0
3/4 Baths0
Half Baths
Total Baths4

Other Interior Features

LivingAreaSourceAssessor
Air Conditioning Y/NNo
FlooringCarpet, Laminate
Heating Y/NYes
Interior AmenitiesCeiling Fan(s)
Total Stories

General for 849 W 73rd Street

AppliancesDisposal, Refrigerator
Attached Garage Yes
Cap Rate4
Carport Y/NYes
CityLos Angeles
CoolingNone
CountyLos Angeles
DirectionsHoover to 73rd
Entry LocationLiving Room
Full Baths
Gross Income300
HOANo
HeatingCentral, Forced Air
Insurance Expense380
LevelsTwo
Living Area3952
Lot Size Square Feet5811
Lot Size UnitsSquare Feet
MLS AreaC36 - Metropolitan Southwest
Net Operating Income28000
New ConstructionNo
Number Of Units Total4
PossessionClose Of Escrow
PostalCityLOS ANGELES
Property TypeResidential Income
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Taxes$230
Tenant PaysCable TV, Gas, Other
Water Sewer Expense300
Year Built1965
Year Built SourceAssessor
ZoningLARD2

Exterior for 849 W 73rd Street

Building Area Total3952
Lot Size Acres0.1334
Lot Size Area5811
Lot Size SourceAssessor
Number of Buildings1
Parking FeaturesAttached Carport, Assigned
Total Parking0

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $1,225,000
MLS#26655025
List Date 02/22/2026
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
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