Listing provided courtesy of Josh Cohen of Keller Williams South Bay. Last updated 2025-04-19 08:11:36.000000. Listing information © 2024 Sandicor.
Asking Price: $1,350,000 |
642 74th, Los Angeles CA 90044
Community: 699 - Not Defined
This Apartment property was built in 1963 and is priced at $1,350,000. Please see the additional details below.
This 7-unit multifamily apartment offers a compelling investment opportunity with strong cash flow and rental upside potential of approximately 44% +/-. Priced competitively at a 6.70% Cap Rate and 9.43 GRM, an investor can step into a performing asset while enacting a value-add strategy to capture the remaining upside. The property features a unit mix of (5) two bedroom units and (2) one bedroom units, all of which are individually metered for gas and electricity, and also feature laundry hookups! The area has traditionally been a strong rental market, and units are always in high demand.