849 W 73rd St, Los Angeles, CA 90044
849 W 73rd St, Los Angeles, CA 90044
849 W 73rd St, Los Angeles, CA 90044
25
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$1,225,000
Est. payment /mo
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8 Beds
4 Baths
3,952 SqFt
Price Dropped by $125K

849 W 73rd St Los Angeles, CA 90044

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Roddy de la Garza

Roddy de la Garza

+1(323) 696-5375

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,952 sqft

Price per Sqft $309

MLS Listing ID 26655025

Bedrooms 8

Year Built 1965

Lot Size 5,811 Sqft

Acres 0.1334

Property Sub-Type Multi-Family

Property Description

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.

Location

State CA

County Los Angeles

Area Metropolitan Southwest

Zoning LARD2

Rooms

Other Rooms None

Interior

Heating Central, Forced Air

Cooling None

Flooring Carpet, Laminate

Equipment Ceiling Fan, Cable, Hood Fan, Gas Dryer Hookup, Garbage Disposal, Refrigerator, Range/Oven, Antenna, Other

Exterior

Parking Features Assigned, Carport Attached

Building

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by John L. Scott Real Estate

NEARBY SCHOOL & BUSINESS

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Roddy de la Garza

Roddy de la Garza

Broker Associate / Area Leader | License ID: CA 01995374 / TX 431113

+1(323) 696-5375

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849 W 73rd St