NO RENT CONTROL! Excellent Investment Opportunity — Best Current Rate of Return in the Area! This rare, legal duplex includes a fully permitted ADU, offering a unique opportunity for investors to achieve above-average returns or for owner-occupants to live in one unit while the other two help pay the mortgage. The detached duplex units (944 and 946) were built in 1998, and the ADU was constructed in 2023. Two of the units are currently tenant-occupied. Each duplex unit features 3 bedrooms and 2 bathrooms. The ADU offers 3 bedrooms and 1 bathroom and is currently vacant. The ADU was rented for $3,500 per month until March 2025. The ADU, built in 2023, has its own postal address and is in good condition. Unit 946 is also in good condition, while Unit 944 could benefit from some cosmetic improvements. Covered parking is available beneath the ADU. Each unit has its own laundry hookups, as well as separate gas and electric meters. This property is conveniently located near Downtown LA, USC, L.A. Live, museums, Crypto.com Arena, the convention center, LAX, SoFi Stadium, and the YouTube Theater. Total current rental income is $5,800 per month, with a scheduled increase in June 2026. Don't miss this exceptional opportunity to secure a property with a strong rate of return! 8% rate
MLS #
CRPW25102233
MLS Source
California Regional MLS
Days on Site
17
Appliances
Other, Oven - Gas
Cooling
None
Heating
Central Forced Air
Pool
None
Garage/Parking
Assigned Spaces, Carport, Garage: 0 Car(s)
HOA Fee
$0
# Buildings | # Leased Units | # Total Units |
---|---|---|
3 | 3 | 3 |
944 W 74th St is a Triplex in Los Angeles, CA 90044. This – square foot property sits on a 5,600 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,300,000 and was built in 1998.
This address can also be written as 944 W 74th St, Los Angeles, CA 90044.©2025 California Regional MLS. All rights reserved. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information provided is for personal, non-commercial use by the viewer and may not be redistributed without explicit authorization from California Regional MLS.
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This listing information is up-to-date as of May 15, 2025. For the most current information, please contact Ellie Sonboli