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856 W 73rd Street, Los Angeles, California 90044, Los Angeles, 90044 - 4 bed, 4 bath

856 W 73rd Street, Los Angeles, California 90044 home-pic-0
ACTIVE UNDER CONTRACT$700,000
856 W 73rd Street, Los Angeles, California 90044
4Beds
4Baths
2,339Sqft
5,600Lot
Year Built
1914
Close
-
List price
$700K
Original List price
$700K
Price/Sqft
$299
HOA
-
Days on market
-
Sold On
-
MLS number
SR25262769
Home ConditionFair
Features
ViewNeighborhood

About this home

We found 3 Cons,6 Pros. Rank: price - $700.0K(34th), sqft - 2339(59th), beds - 4(84th), baths - 4(88th).

This beautifully maintained triplex at 856 73rd Ave, Los Angeles presents an incredible opportunity for both investors and owner-occupants seeking versatility and strong income potential. The property features three well-kept units: the front unit offers 2 bedrooms and 1 bathroom, while the second and third units each include 1 bedroom and 1 bathroom. With consistent rental demand and reliable tenants already in place, this triplex provides immediate cash flow and long-term financial upside. Each unit is thoughtfully laid out, offering comfortable living spaces ideal for tenants or for an owner looking to occupy one of the homes. Conveniently located near schools, parks, shopping, and major freeways, this property offers easy access to everything Los Angeles has to offer. Whether you choose to live in one unit and let the others help cover your mortgage or add this property to your investment portfolio, this is a valuable opportunity you won't want to miss.

Nearby schools

2/10
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Public,•K-6•0.3mi
4/10
Sixty-Eighth Street Elementary School
Public,•K-6•0.4mi
3/10
Raymond Avenue Elementary School
Public,•K-5•0.5mi
3/10
Seventy-Fifth Street Elementary School
Public,•K-6•1.0mi
/10
Danny J. Bakewell, Sr., Primary Center
Public,•K•1.0mi
4/10
Manchester Avenue Elementary School
Public,•1-6•1.0mi
3/10
La Salle Avenue Elementary School
Public,•K-5•1.5mi
2/10
Dr. Owen Lloyd Knox Elementary School
Public,•K-6•1.6mi
3/10
Loren Miller Elementary School
Public,•K-6•1.7mi
2/10
John Muir Middle School
Public,•6-8•0.9mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•1.0mi
1/10
Horace Mann Junior High School
Public,•6-8•1.3mi
2/10
Bret Harte Preparatory Middle School
Public,•6-8•1.5mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•0.8mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.1mi
2/10
George Washington Preparatory High School
Public,•9-12•2.6mi
9/10
Middle College High School
Public,•9-12•3.9mi

Price History

Date
Event
Price
11/19/25
Listing
$700,000
09/23/04
Sold
$365,000
04/29/03
Sold
$245,000
Condition Rating
Fair
Built in 1914, this triplex is well-maintained and functional, but the kitchens and bathrooms are largely outdated. While some units feature newer laminate flooring and one kitchen has a stainless steel refrigerator and mosaic backsplash, the overall style of cabinets, countertops, and bathroom fixtures is dated. There's no evidence of recent major system renovations (e.g., central AC, updated electrical) and many components show signs of being older, requiring minor to moderate updates to meet current aesthetic and functional standards.
Pros & Cons

Pros

Great Schools: High School: Middle College High School (9/10).
Strong Income Potential: As a triplex with existing reliable tenants and consistent rental demand, the property offers immediate cash flow and long-term financial upside for investors or owner-occupants.
Versatile Multi-Unit Configuration: The triplex setup (2-bed/1-bath, 1-bed/1-bath, 1-bed/1-bath) provides flexibility for an owner to live in one unit while generating income from the others, or for a pure investment strategy.
Desirable Los Angeles Location: Conveniently located near schools, parks, shopping, and major freeways, offering easy access to amenities and enhancing rental appeal in a high-demand market.
Well-Maintained Condition: Described as 'beautifully maintained' with 'well-kept units,' suggesting the property has been cared for and is ready for occupancy/tenancy with potentially fewer immediate repair needs.
Established Rental History: The presence of 'reliable tenants already in place' and 'consistent rental demand' indicates a stable income stream and reduced vacancy risk for a new owner.

Cons

Historic Property Age: Built in 1914, the property is over a century old, which may imply potential for aging infrastructure (e.g., plumbing, electrical, roof) and higher long-term maintenance costs, despite current good condition.
Lack of Modern Amenity Details: The description does not highlight specific modern upgrades or amenities (e.g., central air conditioning, renovated kitchens/baths with high-end finishes) that might be expected by some tenants or buyers in the current market.
Standard Neighborhood View: While having a view, it is specified as a 'Neighborhood' view, which is not a premium feature and may not command the same value as properties with panoramic city or natural landscape views.

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