341 343 W 73rd ST new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90003
Key Details
Property Type Single Family Home, Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25187105
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 approximately 1,750 square feet with 5 bedrooms and 3 full baths. Unit 343 receives $5,026 monthly rental income. Unit 341 receives $4,000 monthly rental income. 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 on the second level of each unit. 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 6.2% Cap Rate based on Actual annual gross rental income of $108,312, with estimated Net annual rental income of 77,812. Estimated 11.6xGRM.
Location
State CA
County Los Angeles
Area C37 - Metropolitan South
Zoning LAR2
Interior
Heating Central
Cooling None
Flooring Carpet
Fireplaces Type None
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
Building
Lot Description Landscaped,Level,Rectangular Lot,Street Level
Story 2
Sewer Public Sewer
Water Public
New Construction No
Others
Acceptable Financing Cash,Cash to New Loan,Conventional,1031 Exchange
Listing Terms Cash,Cash to New Loan,Conventional,1031 Exchange
Special Listing Condition Standard