652 E 74th Street, Los Angeles, California 90001, Los Angeles, 90001 - 2 bed, 2 bath
ACTIVE$689,000
652 E 74th Street, Los Angeles, California 90001
2Beds
2Baths
1,440Sqft
3,788Lot
Year Built
1924
Close
-
List price
$689K
Original List price
$689K
Price/Sqft
$478
HOA
-
Days on market
-
Sold On
-
MLS number
SR25229992
Home ConditionPoor
Features
Patio
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $689.0K(50th), sqft - 1440(57th), beds - 2(57th), baths - 2(57th).
Welcome to 652 E 74th Street, duplex property perfect for both homeowners and investors. Situated in a central Los Angeles location. Investor's dream! immediate rental income with the potential to build additional units on-site (buyer to verify). Whether you're looking to expand your portfolio, develop, or create multi-generational living, this property provides the flexibility you've been waiting for. Don't miss this opportunity to own and build more units in one of Los Angeles' most dynamic markets.
Nearby schools
3/10
Mckinley Avenue Elementary School
Public,•K-6•0.3mi
5/10
Wisdom Elementary School
Public,•K-6•0.4mi
3/10
Seventy-Fifth Street Elementary School
Public,•K-6•0.5mi
4/10
Sixty-Sixth Street Elementary School
Public,•K-6•0.6mi
3/10
South Park Elementary School
Public,•K-6•0.9mi
5/10
Russell Elementary School
Public,•K-6•1.1mi
4/10
Sixty-Eighth Street Elementary School
Public,•K-6•1.3mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,•K-6•1.4mi
3/10
Sixty-First Street Elementary School
Public,•K-6•1.4mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•0.6mi
3/10
Thomas A. Edison Middle School
Public,•6-8•0.9mi
1/10
Charles Drew Middle School
Public,•6-8•1.2mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.3mi
3/10
John C. Fremont Senior High School
Public,•9-12•0.4mi
Price History
Date
Event
Price
10/01/25
Listing
$689,000
08/02/01
Sold
$146,000
08/01/95
Sold
$110,000
Condition Rating
Poor
Built in 1924, this property is 100 years old with no indication of recent major renovations in the listing description or images. The exterior shows a fresh coat of paint but also features old-fashioned awnings, security bars, and an unkempt yard, suggesting deferred maintenance. Crucially, there are no interior photos, particularly of the kitchen and bathrooms, which are key indicators of a property's condition and style. The listing emphasizes the property's 'development potential' and 'immediate rental income' rather than the quality or modernity of the existing structure, strongly implying that the current living spaces are severely outdated and likely require substantial repairs and rehabilitation to meet contemporary standards. Major systems and components are likely at or beyond their expected lifespan.
Pros & Cons
Pros
Income-Generating Duplex: The property is a duplex, offering immediate rental income and is categorized as a 'Residential Income' type, making it attractive for investors seeking cash flow.
Significant Development Potential: Explicitly highlighted is the potential to build additional units on-site, providing a substantial value-add opportunity for expansion or redevelopment.
Prime Central Los Angeles Location: Situated in a central Los Angeles location, the property benefits from high demand, strong rental markets, and potential for appreciation.
Versatile Investment Opportunity: The property offers flexibility for various uses, appealing to investors, developers, or families seeking multi-generational living arrangements.
Generous Lot Size: With a lot size of 3788 sqft, there is ample space to support the advertised development potential and provide outdoor living areas.
Cons
Age of Property: Built in 1924, the property is nearly a century old, suggesting potential for outdated systems, deferred maintenance, or the need for significant renovations to meet modern standards.
Development Potential Requires Verification: While a strength, the 'buyer to verify' clause for building additional units indicates that the potential is not guaranteed and requires due diligence, which can be time-consuming and costly.
Lack of Specific Condition Details: The description does not mention any recent upgrades or renovations, implying the property may be sold in its current condition and could require substantial investment for modernization or repairs.