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Closed
- Listed price
- $1,295,000
- Listed Dec 1, 2021
- Sold price
- $1,295,000
- Sold Feb 8, 2022
7,702 sqft lot|1927 Built|54 MLS days on market
124 E 74Th St, Los Angeles, CA 90003
Property Description
This property provides a great opportunity for an investor to acquire an asset providing high return and considerable future rental upside & ADU potential, The property offers 6 units, with mix of 4 x 2 bd + 1 bath and 2 x 1 bd + 1bath. with 6 separate Structure, Each 2bedroom unit is stand alone unit and no sharing wall, The back Building has 2 x 1 bd + 1bath on top of the 5 covered Garages and there is a detached 1 car Garage. Total monthly Actual Gross income $ 8,650, Yearly GOI $ 103,800, GRM 12.4 and 5.2 Cap rate, with 35 % upside potential or the Projected Market Cap Rate 8 % while the Market GRM 8.9 on projected Yearly income $145,200, , There are total of 6 covered Garages with ADU potential. It has been reported by the seller that tenants have been paying rents on time for the last 18 months.
Listing agent: Eliza KerndianDRE #01398836elizakerndian@hotmail.com, Listing office: Keller Williams Realty Westside
MLS data updated 10/30/2026, 7:31:09 PM PT
Source: CRMLSMLS #: 21107767
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$1,295,000
Feb 8, 2022
Available records22021–2022
From MLS recordsActual listing and closing events
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
$1,295,000Closed sale · Feb 8, 2022ZIP 90003 · Feb 2022
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 2 price recordsDec 1, 2021 – Feb 8, 2022
ZIP 90003 · same property typeThis MLS property type has no exact comparison group.
Freddie Mac · national weekly ratesLoading mortgage-rate history…
Recorded sales in this period (1)
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
View listing & sale records
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.