132 W 74th, Los Angeles, California 90003, Los Angeles, 90003 - 0 bed, 0 bath
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Los Angeles, California 90003
This Turnkey 6-Unit Residential Income Asset is listed at $1,699,000, representing a premium multi-family opportunity compared to its $1,453,329 Fair Market Value. The valuation is supported by a remodeled 5-bedroom front house and a 2026 New Construction Duplex, ensuring a Mint Condition Rating with pleasant Neighborhood Views. Featuring Separate Utility Metering and rare 6-Car On-Site Parking, the property is engineered for low-overhead management and high tenant retention. This is a strategic acquisition for Buy-and-Hold Investors or Owner-Occupants looking to maximize cash flow in Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 132 W 74th Subject | $1,699,000* List Price | 0 | 0 | 3,690 | $394 | - |
A 157 W 65th Street Sold | $1,400,000 | 0 | 0 | 3,832 | $365 | 0.6 mi |
B 8315 Avalon Active | $1,199,997 List Price | 0 | 0 | 3,580 | $335 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
The property features a combination of newly constructed units and a front house that has undergone a comprehensive modern remodel within the last few years. Interior images show mint-condition finishes including white shaker cabinetry, quartz-style countertops, new laminate flooring, and updated bathrooms. The addition of new construction and separate utility meters indicates modern systems and no immediate maintenance requirements.
The property features a versatile 6-unit composition, including a remodeled 5-bedroom front house and a newly constructed duplex, offering both high rental demand and reduced immediate maintenance needs.
With 6 separate gas and electric meters, the owner can shift utility costs directly to tenants, significantly improving net operating income and simplifying property management.
The inclusion of a long driveway accommodating up to 6 vehicles is a premium feature in this high-density Los Angeles neighborhood, enhancing tenant retention and property value.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3690, other record living area = 2290.
The property operates on a single water meter, meaning the owner is responsible for the entire building's water costs, which can fluctuate and impact overall profitability.
Four of the six parking spaces are in a tandem configuration, which may create logistical challenges for tenants and potentially limit the premium rent achievable for those spots.
Located in the heart of Los Angeles, this exceptional 6-unit income property at 132 W 74th St presents a rare blend of modern upgrades, new construction, and strong rental potential. The front house features a spacious 5-bedroom, 2-bath layout with a beautifully remodeled kitchen and bathrooms, offering immediate comfort and style. At the center of the property sits a newly constructed two-story duplex, each unit offering 2 bedrooms and 1 bath, thoughtfully designed for modern living. The rear of the property showcases a well-laid-out triplex, with three 1-bedroom, 1-bath units, ideal for consistent rental income. This property is equipped with 1 water meter and 6 separate gas and electric meters, providing efficient utility management. A long driveway with parking for up to 6 vehicles (including 4 tandem spaces) adds significant convenience—an invaluable feature in this area. Whether you're looking to expand your investment portfolio or secure a multi-generational living opportunity, this versatile property delivers immediate income potential with long-term upside in a high-demand rental market.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 0.0 | 50% |
| Baths | 0.0 | 0.0 | 50% |
| Square foot | 3,690 | 2,120 | 86% |
| Lot Size | 7,938 | 5,202 | 93% |
| Price | $1.70M | $760.0K | 95% |
| Price per sq ft | $460 | $360 | 77% |
| Built year | 1983 | 1925 | 72% |
| HOA | $0 | $0 | 50% |
| Days on market | 11 | 190 | 2% |
Apr 20, 2026
$1,699,000
Initial Listing
Jul 28, 2023
$1,108,000
Public Record
Aug 20, 2018
$500,000
Public Record