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$724,995
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Property Description
Value-add multifamily opportunity in Los Angeles, also known as 7301 Towne Ave. Situated on a large 6,714 sq ft corner lot, this R2-zoned property consists of a single-family residence plus a duplex (3 units total), offering both stable in-place income and multiple paths for upside. The property currently offers a strong cap rate, with clear opportunities to increase rents to market levels, renovate existing units, and add an ADU to further maximize income. The corner lot configuration and favorable zoning create long-term redevelopment and expansion potential, making this an ideal asset for investors seeking both cash flow and future value growth. Centrally located near schools, parks, public transportation, and major thoroughfares, this property combines strong fundamentals, flexible exit strategies, and long-term appreciation potential in a high-demand rental market.
Full Property Details
Full Property Details for 358 E 73rd St
General
- Price: $724,995
- Status: Active
- Type: Multi-Family
- Source: CLAW
- MLS ID: 26650397
- Updated: 4/21/2026
- Added to Site: 103 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 4
Additional Information
- Other Features: None
Parking
- Garage Description: None
Location
- Area: Metropolitan South
- County: Los Angeles
- Driving Directions: From Florence Ave turn right on Towne
Heating & Cooling
- Cooling Type: None
- Heating Type: Wall Gas
Structural Information
- # Buildings: 2
- Stories/Levels: 0
- Square Feet: 1,846
- Sq. Ft. Source: Vendor Enhanced
- Year Built: 1937
- Year Built Source: Vendor Enhanced
Unit Information
- Units in Complex: 3
- Unit Type: 2106, 2107
Unit 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Total Bathrooms: 1
- Bedrooms: 1
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.1542
- Lot Size: 6716
- Lot Size Source: Vendor Enhanced
- Zoning: LAR2
Financial Considerations
- Price Per Sq. Ft.: $392.74
- Assessment Year: 1937
Disclosures and Reports
- Disclosures/Reports: None
- APN: 6022-018-001
Listed by Nest Seekers, Maryna Pototska
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Schools
Schools serving 358 E 73rd St
School District:Los Angeles Unified School District
| Name | Grades | Distance |
|---|---|---|
Wisdom Elementary School 1125 East 74th Street, Los Angeles, CA 90001 | PK-6 | 0.7 mi |
Mary Mcleod Bethune Middle School 155 West 69th Street, Los Angeles, CA 90003 | 7-8 | 0.6 mi |
John C. Fremont Senior High School 7676 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 0.3 mi |
Public Service Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1 mi |
Communication And Technology At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1 mi |
Green Design At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1 mi |
Performing Arts Community At Diego Rivera Learning Complex 6100 South Central Avenue, Los Angeles, CA 90001 | 9-12 | 1 mi |
Academy For Multiligual Arts And Science At Mervyn M. Dymally High 8800 San Pedro Street, Los Angeles, CA 90003 | 9-12 | 1.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 358 E 73rd St
Date
Details
Price
Change
Source
4/21/2026
Price Reduced
$724,995
-3.2%
MLS
2/18/2026
Listed
$749,000
24.83%
MLS
12/21/2018
Sold
$600,000
—
Public Record
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
Tax History for 358 E 73rd St
Year
Property Taxes
Change
Tax Assessment
Change
2024
$8,116
2%
$656,183
4%
2023
$7,962
5%
$630,705
2%
2022
$7,598
1%
$618,339
2%
2021
$7,502
-1%
$606,215
1%
2020
$7,575
49%
$600,000
50%
2019
$5,081
1%
$400,785
2%
2018
$5,012
2%
$392,928
2%
2017
$4,905
3%
$385,224
2%
2016
$4,783
-14%
$377,672
-15%
2015
$5,551
-1%
$442,067
2%
2014
$5,586
—
$433,409
—
2013
$5,587
—
$431,451
—
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
Estimate the Cost for 358 E 73rd St
358 E 73rd St, Los Angeles, CA 90003 (MLS# 26650397) is a Multi-Family property with units containing 4 bedrooms and 0 full bathrooms. 358 E 73rd St is currently listed for $724,995 and was received on February 11, 2026. Want to learn more about 358 E 73rd St? 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.

