338 W 74th, Los Angeles, California 90003, Los Angeles, 90003 - 0 bed, 0 bath
Loading property details...
338 W 74th
Los Angeles, California 90003
ACTIVE
CONDITION: GOOD
0Beds
0Baths
2,074Sq Ft
6,354Lot Size
Property Price
LIST PRICE$929,500
EST. MARKET VALUE
$871,246
6% AboveMARKET VALUE
SUMMARY
This Strong Value Opportunity is a Residential Income Quadruplex listed at $959,000, positioned slightly above the $878,075 Fair Market Value. Despite the premium, the property offers a unique Condition Rating of 3, featuring recent updates and a newly constructed ADU. With 3 units delivered vacant, this asset provides immediate flexibility for market-rate leasing or owner-occupancy. The inclusion of 6 off-street parking spaces and a City Lights view enhances long-term desirability. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add multi-family asset.
Estimated Market Value
$871,246
Based on Realkey algorithm analyzing recent comparable sales in Los Angeles.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 338 W 74th Subject 0 bd · 0 ba · 2,074 sqft · $420 | $929,500* List Price | 0 | 0 | 2,074 | $420 | - |
A 146 W 81st Sold 0 bd · 0 ba · 1,820 sqft · $412 · 0.5 mi | $749,999 | 0 | 0 | 1,820 | $412 | 0.5 mi |
B 314 W 66th Sold 0 bd · 0 ba · 1,632 sqft · $438 · 0.5 mi | $715,000 | 0 | 0 | 1,632 | $438 | 0.5 mi |
C 219 E 76th Sold 0 bd · 0 ba · 2,264 sqft · $353 · 0.5 mi | $800,000 | 0 | 0 | 2,264 | $353 | 0.5 mi |
D 245 E 64th Sold 0 bd · 0 ba · 2,200 sqft · $400 · 0.8 mi | $880,000 | 0 | 0 | 2,200 | $400 | 0.8 mi |
E 431 W 78th Sold 0 bd · 0 ba · 2,415 sqft · $373 · 0.3 mi | $900,000 | 0 | 0 | 2,415 | $373 | 0.3 mi |
F 227 229 E 81st Sold 0 bd · 0 ba · 2,292 sqft · $491 · 0.7 mi | $1,125,000 | 0 | 0 | 2,292 | $491 | 0.7 mi |
G 218 E 60th Street Pending 5 bd · 3 ba · 2,004 sqft · $349 · 1.0 mi | $699,999 List Price | 5 | 3 | 2,004 | $349 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Although originally built in 1924, the property has received recent updates including new laminate flooring, fresh interior paint, and a newly constructed ADU. The kitchens and wall-heating systems are basic but functional, making the units clean and move-in ready for tenants.
PROSSTRENGTHS & OPPORTUNITIES
- High Vacancy Potential
With 3 out of 4 units delivered vacant, investors have the rare opportunity to immediately set market-rate rents or facilitate an owner-user arrangement without tenant relocation challenges.
- New ADU Addition
The inclusion of a newly constructed ADU adds modern value and increases the total door count, maximizing the income-generating potential of the 6,352 square foot lot.
- Ample Off-Street Parking
Providing 6 off-street parking spaces for a quadruplex is a significant competitive advantage in Los Angeles, enhancing tenant retention and property desirability.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2074, other record living area = 2038.
- Small Unit Footprint
A total of 2,074 square feet distributed across four units results in a small average unit size, which may limit the appeal to larger households and cap the maximum achievable rent per unit.
- Vintage Infrastructure
Built in 1924, the primary structures may require significant ongoing maintenance or capital improvements to aging systems compared to more modern multi-family assets.
About 338 W 74th
338 W. 74th Street is a UNIQUE 4 UNIT OWNER OR INVESTMENT OPPORTUNITY WITH MAIN HOUSE 3/2 BEING DELIVERED VACANT.........Other 3 Units Currently Rented for $5,440 dlls per month…..Centrally located in South Los Angeles along Interstate 110, giving residents access to Downtown Los Angeles to the north, as well as the southern cities of Torrance and Long Beach. The 2,074 square foot, three-unit plus newly constructed ADU residential complex sits on a large 6,352 square foot lot. Off-street parking is available for 6 cars. BUYERS CLOSING COSTS AVAILABLE BUT MUST ACT FAST.......
Property Details
Public Facts
- Property Type
- Quadruplex
- Year Built
- 1924
- Lot Size
- 6,354 Sq. Ft.
Interior
- Total Bedrooms
- 0
- Total Bathrooms
- -
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 |
|---|---|---|
| Beds | 0.0 | 4.5 |
| Baths | 0.0 | 2.9 |
| Square foot | 2,074 | 2,090.331 |
| Lot Size | 6,354 | 5,852.908 |
| Price | $929.5K | $830.9K |
| Price per sq ft | $448 | $394 |
| Built year | 1924 | 1928 |
| HOA | $0 | $0 |
| Days on market | 46 | 87 |
Pricing History
Listed for Sale
Oct 27, 2026
$929,500
$959,000
-3% Price Drop
Initial Listing
Price Change
Sep 24, 2026
$959,000
Initial Listing
Sold
Nov 3, 2023
$660,000
Public Record
Sold
Jul 23, 2009
$175,000
Public Record
Sold
Jul 24, 2006
$525,000
Public Record