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.
Property Details
Price:
$1,350,000
MLS #:
26655025
Status:
Active
Beds:
8
Baths:
4
Type:
Single Family
Neighborhood:
c36metropolitansouthwest
Listed Date:
Feb 27, 2026
Finished Sq Ft:
3,952
Total Sq Ft:
3,952
Lot Size:
5,811 sqft / 0.13 acres (approx)
Year Built:
1965
See this Listing
Schools
Interior
Appliances
GD, RF
Cooling
NO
Flooring
LAM, CARP
Heating
FA, CF
Exterior
Financial
Map
Community
- Address849 W 73rd ST Los Angeles CA
- CityLos Angeles
- CountyLos Angeles
- Zip Code90044
Subdivisions in Los Angeles
Market Summary
Current real estate data for Single Family in Los Angeles as of Mar 02, 2026
7,164
Single Family Listed
81
Avg DOM
507
Avg $ / SqFt
$1,494,931
Avg List Price
Property Summary
- 849 W 73rd ST Los Angeles CA is a Single Family for sale in Los Angeles, CA, 90044. It is listed for $1,350,000 and features 8 beds, 4 baths, and has approximately 3,952 square feet of living space, and was originally constructed in 1965. The current price per square foot is $342. The average price per square foot for Single Family listings in Los Angeles is $507. The average listing price for Single Family in Los Angeles is $1,494,931.
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