341 343 W 73rd ST

Los Angeles,CA 90003

$ 1198000

- Bed

- Bath

- SqFt


Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID PW25187105

HOA Y/N No

Year Built 2016

Lot Size 5,671 Sqft

Property Sub-Type Duplex

Property Description

Newer Construction Duplex built by Ocean Development in 2016. Updated in March 2025. Each unit includes 5 bedrooms and 3 baths in approximately 1,750 square feet of living space. Unit 343 receives $5,026 monthly rental income. Unit 341 receives $4,000 monthly rental income. This duplex is thoughtfully designed with one unit in front and the second unit in back - No one above or below either unit. Design features include central heating systems, dual pane vinyl frame windows, solid wood cabinets, and granite counter tops. Private interior laundry room in each unit conveniently on the second level. Property includes a 3 car garage. We feel this is the best investment property opportunity in the area combining modern construction, quality of construction, location, superior features, and superior rental income. This property returns an estimated 6% Cap Rate based on Actual gross rental annual income of $108,312, with estimated Net annual rental income of 77,812. Estimated 10.2xGRM.

Location

State CA

County Los Angeles

Area C37 - Metropolitan South

Zoning LAR2

Interior

Interior Features Bedroom on Main Level

Heating Central

Cooling None

Flooring Carpet

Fireplaces Type None

Fireplace No

Appliance Free-Standing Range,Gas Range,Water Heater

Laundry Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Laundry Closet,Upper Level

Exterior

Parking Features Driveway Level,Driveway,Garage,Paved

Garage Spaces 3.0

Garage Description 3.0

Fence Wood,Wrought Iron

Pool None

Community Features Sidewalks

Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected

View Y/N No

View None

Roof Type Composition

Accessibility None

Total Parking Spaces 3

Private Pool No

Building

Lot Description Landscaped,Level,Rectangular Lot,Street Level

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 6031003033

Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange

Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange

Special Listing Condition Standard

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