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$1,350,000

16 hours ago

8 Bed

4 Bath

3952 sqft

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MLS® 26655025

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Residential Income
Size 3952 sqft
Garage No
HOA Fees 
Taxes 
Days Active 0
Approx. Age 1965
Avg. Price Per Sqft $341
MLS® Number 26655025

Property Address: 849 W 73rd St, Los Angeles, CA, 90044

Average square foot calculated using Size range provided by listing agent.

Description

Exceptional 4-Unit Investment Opportunity with Strong Upside. This beautifully maintained four-unit property blends timeless old-world charm with thoughtful modern upgrades. Spanning nearly 4, 000 square feet, the structure sits elevated to capture sweeping city and mountain views, creating a unique residential appeal rarely found in multi-unit assets. Two units are currently vacant, offering immediate value-add potential. A new owner can establish rents at fair market value and significantly increase cash flow from day one. With proper positioning, this asset has the capacity to debt service and deliver strong long-term performance. Located in an active redevelopment corridor, the surrounding community is experiencing meaningful revitalization. Vermont's state-designated downtown and village center programs provide tax credits, grants, and regulatory incentives to support the rehabilitation of older buildings and promote housing development. For 2026, at least $3 million in state income tax credits is available for projects prioritizing building safety improvements creating additional strategic upside for investors seeking long-term growth and stability. Additional features include a convenient on-site community laundry room and proximity to shopping, dining, transportation, and major employment hubs. A rare opportunity to acquire a character asset with built-in equity growth and strong redevelopment tailwinds. New Stadium, Intuit Dome, Close to brand new Sparks arena. Get ready for 2028 Olympic, and The World Cup soccer events. Ample assigned parking.
MLS® Number26655025
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1965
Stories0
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 22, 2026List Date
$1,350,000List Price
  • Commute

Commute

Starting Address
Destination Address
849 W 73 Rd St, Los Angeles, CA

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