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About This Home
This 4-bedroom, 3-bathroom residential multi family at 358 E 73rd St in Los Angeles, CA is listed for $749,000 ($406 per sqft). Built in 1937, the home offers 1,846 sqft of living space on a 0.15 acres lot.
Value-add multifamily opportunity in Los Angeles, also known as 7301 Towne Ave. Situated on a large 6,714 sq ft corner lot, this R2-zoned property consists of a single-family residence plus a duplex (3 units total), offering both stable in-place income and multiple paths for upside.
The property currently offers a strong cap rate, with clear opportunities to increase rents to market levels, renovate existing units, and add an ADU to further maximize income. The corner lot configuration and favorable zoning create long-term redevelopment and expansion potential, making this an ideal asset for investors seeking both cash flow and future value growth.
Centrally located near schools, parks, public transportation, and major thoroughfares, this property combines strong fundamentals, flexible exit strategies, and long-term appreciation potential in a high-demand rental market.
Key Features
- Built in 1937
- 0.15 acre lot
Property Details
Monthly Cost Estimate
$4,006/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
358 E 73rd St
Los Angeles, CA 90003
Property Details
Heating
Questions & Answers
This 4-bedroom, 3-bathroom residential multi family at 358 E 73rd St is listed at $749,000 ($406/sqft). The estimated monthly payment is $3,246 based on 20% down at 6.5% interest.
Key features include: Built in 1937, 0.15 acre lot.
This property is listed by Maryna Pototska and can be reached at 9499039838 or marynap@nestseekers.com.