245 W 73rd, Los Angeles, California 90003, Los Angeles, 90003 - 6 bed, 4 bath
245 W 73rd
Los Angeles, California 90003
Property Price
SUMMARY
Analysis of 245 W 73rd, Los Angeles, California 90003 is currently available with a list price of $965,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is moderate renovation needed.
Built in 1907, this quadruplex is described as 'well-kept' and is fully occupied, indicating it is functional and maintained. However, the 'as-is' sale status and the listing's suggestion for an owner-occupant to 'improve the property' indicate that the kitchens and bathrooms likely feature dated styles and older appliances. While habitable, the property shows signs of its age with no evidence of a recent comprehensive renovation, placing it in the fair category.
PROSSTRENGTHS & OPPORTUNITIES
- Strong Income Potential
This fully occupied quadruplex generates a consistent monthly income of $5,360 in a high-demand rental market characterized by low vacancy rates.
- Strategic Central Location
The property is ideally situated near USC, major sports arenas like BMO Stadium and Crypto.com Arena, and provides rapid access to the 110, 10, and 105 freeways.
- Versatile Unit Configuration
The mix of two-bedroom and one-bedroom units offers excellent flexibility for an owner-occupant or an investor looking to diversify their tenant profile.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
- As-Is Condition
The property is being sold in its current state with no warranties, requiring the buyer to potentially invest in significant repairs or modernization.
- Vintage Infrastructure
Built in 1907, the building's age may present challenges related to aging structural systems and maintenance requirements typical of century-old properties.
About 245 W 73rd
Excellent investment opportunity with this well-kept quadruplex centered in the heart of Los Angeles located in a high demand rental community with low-vacancy rates offering strong income potential. It is ideal for an owner-occupant looking to improve the property and increase income over time. All units are currently rented, current in-place rents total $5,360/month Property features 2,746 SF of living space with 2-2-bedroom 1-bath & 2- 1-bedroom 1-bath units. Close to all the amenities LA has to offer. Just minutes away from USC, BMO Stadium, LA coliseum, LA Live, Crypto.com Arena. Easy access to the 110, 10 and 105 freeways. This property delivers flexibility, functionality, and long-term value. Please note, the property is being sold "as-is", buyers to conduct thorough investigations into its present condition. Buyer to satisfy self for square footage, permits and/or inspections. Seller or agent does not imply or make warranties or guarantees. Buyer and buyer’s agent to conduct own due diligence. Do not disturb tenants. Do not walk through the property without appointment.
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1907
- Lot Size
- 6,343 Sq. Ft.
Interior
- Total Bedrooms
- 6
- Total Bathrooms
- 4 (4 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | - | 97% |
| Baths | 4.0 | - | 95% |
| Square foot | 2,746 | 1,907 | 69% |
| Lot Size | 6,343 | 5,206 | 90% |
| Price | $965.0K | $770.0K | 77% |
| Price per sq ft | $351 | $360 | 49% |
| Built year | 1907 | 1923 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 204 | 5% |
Pricing History
Listed for Sale
Feb 11, 2026
$965,000
Initial Listing
Sold
Jun 21, 2022
$800,000
Public Record
Sold
Jun 15, 2004
$360,000
Public Record
Sold
Jan 8, 2002
$215,000
Public Record
Sold
Nov 21, 2000
$165,000
Public Record