245 W 73rd, Los Angeles, California 90003, Los Angeles, 90003 - 6 bed, 4 bath
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Los Angeles, California 90003
This Centrally Located Quadruplex Asset is listed at $965,000, representing a stable income-producing opportunity in a high-demand rental corridor. While the $847,074 Fair Market Value reflects its Fair Condition Rating, the property generates a consistent $5,360 monthly income from four fully occupied units. Located within the Los Angeles Unified School District and minutes from USC and major sports arenas, the 1907-built structure offers significant value-add potential through modernization of its two-bedroom and one-bedroom configurations. This property is a resilient asset, perfectly suited for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack in Los Angeles.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 245 W 73rd Subject | $965,000* List Price | 6 | 4 | 2,746 | $308 | - |
A 431 W 81st St Sold | $920,000 | 7 | 3 | 2,539 | $362 | 0.6 mi |
B 323 W 60th Sold | $825,000 | 0 | 0 | 3,035 | $272 | 0.8 mi |
C 6118 S Main Active | $749,999 List Price | 6 | 5 | 2,560 | $293 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
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.
This fully occupied quadruplex generates a consistent monthly income of $5,360 in a high-demand rental market characterized by low vacancy rates.
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.
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.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 6, other record bedroom count = 4.
The property is being sold in its current state with no warranties, requiring the buyer to potentially invest in significant repairs or modernization.
Built in 1907, the building's age may present challenges related to aging structural systems and maintenance requirements typical of century-old properties.
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.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 6.0 | 0.0 | 95% |
| Baths | 4.0 | 0.0 | 98% |
| Square foot | 2,746 | 1,907 | 66% |
| Lot Size | 6,343 | 5,185 | 91% |
| Price | $965.0K | $780.0K | 77% |
| Price per sq ft | $351 | $361 | 45% |
| Built year | 1907 | 1925 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 70 | 203 | 7% |
Feb 11, 2026
$965,000
Initial Listing
Jun 21, 2022
$800,000
Public Record
Jun 15, 2004
$360,000
Public Record
Jan 8, 2002
$215,000
Public Record
Nov 21, 2000
$165,000
Public Record