849 W 73rd Street, Los Angeles, CA 90044

  • $1,350,000
849 W 73rd Street
ResidentialIncome Active
849 W 73rd Street, Los Angeles, CA 90044
849 W 73rd Street
  • $1,350,000

Overview

Property ID: HZ26655025
  • 8
  • Bedrooms
  • 4
  • Bathrooms
  • 3952
  • Sq Ft
  • 1965
  • Year Built

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.

  • Address 73rd
  • City Los Angeles
  • State/county Los Angeles
  • Zip/Postal Code 90044

Details

Updated on February 22, 2026 at 10:07 pm
  • Property ID: HZ26655025
  • Price: $1,350,000
  • Property Size: 3952 Sq Ft
  • Bedrooms: 8
  • Bathrooms: 4
  • Year Built: 1965
  • Property Status: ResidentialIncome
  • Listed by: John Scott
  • DRE #: 01369752
  • Contact Mail: agentscott15@gmail.com
  • Brokered by: John L. Scott Real Estate

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