860 860 W. 73rd St., Los Angeles, California 90044, Los Angeles, 90044 - 0 bed, 0 bath
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Los Angeles, California 90044
This Income-Generating Duplex is listed at $695,000, offering a stable entry point at its $695,000 Fair Market Value. The asset features a well-maintained 1921 front home and a modern 2019 rear unit with shaker cabinets and stone countertops, earning a Good Condition Rating. Generating $4,250 in monthly rent with a 5.4% cap rate and rare parking for five vehicles, the property provides $0 in Instant Equity but significant "house hacking" potential near SoFi Stadium. This is a strategic acquisition for Owner-Occupants or 1031 Exchange Buyers seeking a turnkey rental.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 860 860 W. 73rd St. Subject | $695,000* List Price | 0 | 0 | 2,275 | $305 | - |
A 856 W 73rd Street Sold | $750,000 | 4 | 4 | 2,339 | $321 | 0.0 mi |
B 1257 W 60th Place Sold | $835,000 | 4 | 3 | 2,635 | $317 | 1.0 mi |
C 7515 S Vermont Avenue Active | $799,000 List Price | 0 | 0 | 2,361 | $338 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property is in good condition, primarily driven by the rear unit which was built in 2019 and features modern finishes, including white shaker cabinets, stone countertops, stainless steel appliances, and recessed lighting. While the front unit is a 1921 build, it is well-maintained with clean interiors and functional systems. The property features updated laminate flooring and modern bathrooms in the newer section, meeting the criteria for a move-in ready investment with minimal immediate maintenance required.
The property currently generates $4,250 monthly with a potential gross income of $65,400, offering an attractive 5.4% cap rate and excellent 'house hacking' or investment opportunities.
The rear unit was constructed in 2019 with modern finishes, providing a high-value, low-maintenance asset that commands a premium rent of $2,600 per month.
Rare for high-density Los Angeles neighborhoods, this property features a 5,600 SF lot with parking capacity for up to five vehicles, significantly increasing tenant appeal.
The third unit is non-conforming, which poses potential risks regarding city compliance, future permitting, and may not be fully recognized in appraisal valuations.
A history of eight price reductions from an initial $799,000 suggests the property has struggled to find its market value, which may lead to buyer concerns regarding underlying issues.
Live in one and rent the other! This well-maintained duplex plus non-conforming studio generates $4,250 per month ($51,000 annually) with both units currently leased—making it ideal for investors, 1031 exchange buyers, or owner-occupants looking to house hack. The front unit features a 2-bedroom, 1-bath layout renting for $1,650/month. The rear unit, built in 2019, offers 3 bedrooms and 2 bathrooms with modern finishes and is rented for $2,600/month. A non-conforming studio provides additional upside income potential (buyer to verify), with estimated rent of approximately $1,200/month, bringing potential gross income to $65,400 per year. Investment highlights include an approximate GRM of 14.5, cap rate around 5.4%, and a price per square foot of $342, well below the neighborhood average of approximately $325/SF. Property features include separate electric meters, parking for up to 5 vehicles, and a 5,600 SF lot. Centrally located just minutes from the 110 Freeway, Downtown Los Angeles, SoFi Stadium, and major transit routes, this property benefits from strong rental demand and long-term growth potential. Do not miss this rare opportunity to acquire a cash-flowing property with upside in a prime South LA location. Buyer to verify all information and income potential.
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 | 2,275 | 2,143 | 55% |
| Lot Size | 5,602 | 5,897 | 42% |
| Price | $695.0K | $835.0K | 16% |
| Price per sq ft | $305 | $411 | 10% |
| Built year | 1921 | 1923 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 140 | 154 | 42% |
Mar 13, 2026
$695,000
$724,997
-4% Price Drop
Initial Listing
Feb 20, 2026
$724,997
$729,000
-1% Price Drop
Initial Listing
Feb 13, 2026
$729,000
$739,000
-1% Price Drop
Initial Listing
Feb 6, 2026
$739,000
$749,000
-1% Price Drop
Initial Listing
Jan 30, 2026
$749,000
$779,000
-4% Price Drop
Initial Listing
Jan 9, 2026
$779,000
$789,000
-1% Price Drop
Initial Listing
Dec 19, 2025
$789,000
$799,000
-1% Price Drop
Initial Listing
Dec 3, 2025
$799,000
Initial Listing