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860 W 73rd St. Los Angeles, CA 90044
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Key Details
Sold Price $767,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID DW25270199
Sold Date 10/07/26
HOA Y/N No
Year Built 1921
Lot Size 5,601 Sqft
Property Sub-Type Duplex
Property Description
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.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Interior
Fireplace No
Laundry Washer Hookup, Gas Dryer Hookup
Exterior
Pool None
Community Features Urban
Private Pool No
Building
Lot Description 0-1 Unit/Acre
Story 1
Sewer Public Sewer
Water Public
New Construction No
Others
Senior Community No
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Financing Conventional
Special Listing Condition Standard
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Bought with Gabriela Calzada Circle Real Estate
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