$ 749,000
-
$749,000
Price -
4
Bed -
3
Bath -
1,846
SqFt
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About the Listing X78650 - C139815
Value-add multifamily opportunity in Los Angeles, also known as 7301 Towne Ave. Situated on a large 6,714 sq ft corner lot, this R2-zoned property consists of a single-family residence plus a duplex (3 units total), offering both stable in-place income and multiple paths for upside. The property currently offers a strong cap rate, with clear opportunities to increase rents to market levels, renovate existing units, and add an ADU to further maximize income. The corner lot configuration and favorable zoning create long-term redevelopment and expansion potential, making this an ideal asset for investors seeking both cash flow and future value growth. Centrally located near schools, parks, public transportation, and major thoroughfares, this property combines strong fundamentals, flexible exit strategies, and long-term appreciation potential in a high-demand rental market.
Listing Highlights
Status
Active
Days on Site
39
Property Type
Multi-Family
MLS ®
26650397
Year Built
1937
Total Square Footage
1,846
Lot/Acreage
0.15
County
Los Angeles
Interior Details
- Bedrooms: 4
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Wall Gas
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LAR2
- Roof:
- Others:
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
358 E 73rd St Los Angeles, CA 90003
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