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Six-Unit Multifamily Property in Los Angeles
For Sale
$1,150,000

124 E 74th St, Los Angeles, CA 90003

Six units on 7,702 sq ft lot with upside potential.

Property Size3,377 SF
Lot Size0.18 Acres
Days on Market271

Property Features for 124 E 74th St

General Information

Standard status Active
Size 3,377 SF
Lot size 0.18 Acres
Property subtype Investment

Building Details

Building Size 3,377 SF
Year Built 1927
Stories 1
Units 6
Listing Agency:
Listed By: Jeff Cossio · License #01503782
Source: Elliman
Added: Nov 27, 2025 Changed: Aug 16 Last Checked: Aug 25 at 11:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jeff Cossio

Investment Insights

Based on property information with market context.

This multifamily property features six units situated on a 7,702 sq. ft. lot. The property consists of six separate structures, including four stand-alone 2-bedroom/1-bath units with no shared walls. A rear building contains two 1-bedroom/1-bath units positioned above five covered garages. There is an additional detached garage, providing a total of six covered parking spaces. Built in 1927, the property retains its architectural charm. The property has benefited from over $20,000 in recent capital improvements, including new dual-pane windows, fresh exterior paint, partial copper plumbing, and interior renovations in half of the units. The layout offers privacy and appeal for long-term occupancy, with a unit mix that supports strong rental demand. The property is located in a high-demand Los Angeles submarket and has upside potential through further unit repositioning and possible ADU development.

Key Highlights

  • Six‑unit multifamily property in a high‑demand Los Angeles submarket.
  • Four stand‑alone 2‑bedroom/1‑bath units with no shared walls.**
  • Six covered parking spaces with potential for ADU conversion (buyer to verify).

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Skin Care Clinic Gym & Fitness Center (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,368
Businesses Nearby

Demographics for 90003, CA

72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Six units on 7,702 sq ft lot with upside potential.
Where is this apartment building located?
The property is located at 124 E 74th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $1,150,000.
What are key features of this property?
This property features: Six‑unit multifamily property in a high‑demand Los Angeles submarket.; Four stand‑alone 2‑bedroom/1‑bath units with no shared walls.**; Six covered parking spaces with potential for ADU conversion (buyer to verify).
More about this property
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