849 W 73rd Street, Los Angeles, CA 90044
Local realty services provided by:Nelson Shelton Real Estate ERA Powered
849 W 73rd Street,Los Angeles, CA 90044
$1,225,000
- 8 Beds
- 4 Baths
- 3,952 sq. ft.
- Multi-family
- Active
Listed by: john scott
Office: john l. scott real estate323-405-2500
MLS#:26655025
Source:CRMLS
Price summary
- Price:$1,225,000
- Price per sq. ft.:$309.97
About this home
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....
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Home facts
- Year built:1965
- Listing ID #:26655025
- Added:69 day(s) ago
- Updated:May 03, 2026 at 10:43 AM
Rooms and interior
- Bedrooms:8
- Total bathrooms:4
- Flooring:Carpet, Laminate
- Kitchen Description:Disposal, Refrigerator
- Living area:3,952 sq. ft.
Heating and cooling
- Heating:Central, Forced Air
Structure and exterior
- Year built:1965
- Building area:3,952 sq. ft.
- Lot area:0.13 Acres
- Levels:2 Story
Finances and disclosures
- Price:$1,225,000
- Price per sq. ft.:$309.97
Features and amenities
- Appliances:Disposal
- Amenities:Ceiling Fans
Parking
- Parking description:Assigned, Attached Carport
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