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$1,275,000

  • For Sale
  • Active
  • Multi-Family
See This Home
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See This Home
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Exceptional opportunity to acquire a six-unit multifamily property located in a high-demand Los Angeles submarket. The asset consists of six separate structures situated on a 7,702 sq. ft. lot, including four stand-alone 2-bedroom/1-bath units with no shared walls, and a rear building containing two 1-bedroom/1-bath units positioned above five covered garages. An additional detached garage provides a total of six covered parking spaces with potential for ADU conversion (buyer to verify). Built in 1927, the property retains its architectural charm while benefiting from over $30,000 in recent capital improvements, including new dual-pane windows, fresh exterior paint, partial copper plumbing, and interior renovations in half of the units, partial roof. The layout offers privacy and appeal for long-term occupancy, with a unit mix that supports strong rental demand. This is a well-located multifamily asset with upside potential through further unit repositioning and possible ADU development.

Full Property Details for 124 E 74th St

General

  • Price: $1,275,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: PW25124135
  • Updated: 12/9/2025
  • Days on Market: 229 days
  • Added to Site: 228 day(s) ago

Interior

  • Interior Features: Copper Plumbing (Full)
  • Flooring: Laminate

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None
  • Spa Description: None

Parking

  • Garage Spaces: 5

Location

  • Area: C37 - Metropolitan South
  • County: Los Angeles
  • Development Name: C37 - Metropolitan South
  • Driving Directions: E on Main St, W on San Pedro, S on Florence, N on Manchester

Heating & Cooling

  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 6
  • # Electric Meters: 6

Structural Information

  • Roof: Rolled/Hot Mop, Spanish Tile
  • Entry Location: 1 & 2 floor
  • Stories/Levels: One,Multi/Split
  • Stories Description: One, Multi/Split
  • Square Feet: 3,377
  • Year Built: 1927

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 2

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 1

Unit 3

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 4

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 5

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 6

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 2

Lot Features

  • Property View: None
  • Lot Size (Acres): 0.1769
  • Lot Size (Sq. Ft.): 7,704
  • Lot Size Source: Assessor
  • Zoning: LAR1
  • Lot Description: 0-1 Unit/Acre, Flag Lot, Paved

Financial Considerations

  • Price Per Sq. Ft.: $377.55
  • Price Per Unit: 212500

Listed by Grand Avenue Realty & Lending, Jeff Cossio

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Listing agent

— 124 E 74th St —

  • Jeff Cossio

    Grand Avenue Realty & Lending

714-392-5803

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 124 E 74th St

School District:Los Angeles Unified School District
NameGradesDistance
Seventy-Fifth Street Elementary School
142 West 75th Street, Los Angeles, CA 90003
K-60.2 mi
Mary Mcleod Bethune Middle School
155 West 69th Street, Los Angeles, CA 90003
7-80.4 mi
Academy For Multiligual Arts And Science At Mervyn M. Dymally High
8800 San Pedro Street, Los Angeles, CA 90003
9-121.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 124 E 74th St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
8/13/2025
Price Reduced
$1,275,000
-5.56%
MLS
6/03/2025
Listed
$1,350,000
4.25%
MLS
2/02/2022
Sold
$1,295,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 124 E 74th St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$17,374
3%
$1,374,263
4%
2023
$16,852
57%
$1,320,900
58%
2022
$10,730
1%
$834,758
2%
2021
$10,593
-1%
$818,391
1%
2020
$10,703
4%
$810,000
2%
2019
$10,299
2%
$793,467
2%
2018
$10,142
3%
$777,910
2%
2017
$9,887
2%
$762,657
2%
2016
$9,649
1%
$747,704
2%
2015
$9,517
-1%
$736,474
2%
2014
$9,582
—
$722,048
—
2013
$9,573
—
$718,785
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 124 E 74th St

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by Grand Avenue Realty & Lending, Jeff Cossio

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124 E 74th Street, Los Angeles, CA 90003 (MLS# PW25124135) is a Multi-Family property with 6 units containing 0 bedrooms and 0 full bathrooms. 124 E 74th Street is currently listed for $1,275,000 and was received on June 03, 2025. Want to learn more about 124 E 74th Street? Do you have questions about finding other Multi-Family real estate for sale in Los Angeles? You can browse all Los Angeles real estate or contact a Coldwell Banker agent to request more information.

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