Properties
Los Angeles, CA 90043 3321 W 74th
$3,575,000
Presented By: Stephen Lampe with Re/Max Commercial & Investment; slampe@remaxcir.com
Baths • 1
SQFT • 14,550
Home Details
The subject property is a two story walkup apartment complex consisting of two 10 unit buildings on one parcel. The buildings were constructed in 1960 and have an equal mix of 1 and 2 bedroom units. There is a laundry room onsite and parking for 20 vehicles. The property and improvements have been well maintained by long term ownership, and there is significant upside in rental income as units turnover. The adjacent property at 7324 Crenshaw Blvd, is a 10 unit apartment building and is being offered for sale by the same ownership as a portfolio.
The property is well located just 7 minutes east of the thriving entertainment district of Inglewood which features SoFi Stadium, The Kia Forum, Intuit Dome, YouTube Theatre, Hollywood Park Casino and a multitude of dining options. Even closer to the property are Centinela Hospital, Target, Costco, Home Depot and is 30 minutes from Downtown LA. The area is densely populated which results in a strong rental market.
Presented By: Stephen Lampe with Re/Max Commercial & Investment; slampe@remaxcir.com
Interior Features for 3321 W 74th
Other Interior Features
Common Walls2+ Common Walls
Laundry FeaturesCommon Area
Total Stories2
Other Rooms
Entry Level1
General for 3321 W 74th
Additional Parcels Y/NNo
Building Area UnitsSquare Feet
Cap Rate7.13
Carport Spaces20
Carport Y/NYes
CityLos Angeles
Community FeaturesUrban
CountyLos Angeles
DirectionsSouth of Florence on Crenshaw at 74th Street
Electric Expense4200
Entry Location1st
Expected Active Date 2026-03-25
Fuel Expense1800
Garage Spaces
Garage Y/NNo
Gross Income387488
Insurance Expense16000
Land Lease Y/NNo
LevelsTwo
Listing TermsCash to New Loan
Lot Size Square Feet13521
Lot Size UnitsSquare Feet
MLS AreaC36 - Metropolitan Southwest
MaintenanceExpense10464
Net Operating Income255071
New ConstructionNo
Number Of Units Total20
Number of Units Leased20
Operating Expense117397
Pool FeaturesNone
PostalCityLOS ANGELES
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NYes
Senior Community Y/NNo
SewerPublic Sewer
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories Count2
Tax Lot11
Taxes$45,000
Tenant PaysElectricity, Gas
Total Actual Rent385488
Trash Expense4440
Water Sewer Expense9600
Year Built1960
Year Built SourceAssessor
Exterior for 3321 W 74th
Building Area Total14550
Lot Features36-40 Units/Acre, Rectangular Lot
Lot Size Acres0.3104
Lot Size Area13521
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters21
Number of Separate Gas Meters21
Number of Separate Water Meters1
Private PoolNo
Total Parking20
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
