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124 E 74th St, Los Angeles, CA, 90003

10beds
6baths
3,377sqft
$1,150,000
$341price/sqft
$7,406/moest. monthly cost
$296,240/yrincome needed

About This Home

Exceptional opportunity to acquire a six-unit multifamily property located in a high-demand Los Angeles submarket. The asset consists of six separate structures situated on a 7,702 sq. ft. lot, including four stand-alone 2-bedroom/1-bath units with no shared walls, and a rear building containing two 1-bedroom/1-bath units positioned above five covered garages. An additional detached garage provides a total of six covered parking spaces with potential for ADU conversion (buyer to verify). Built in 1927, the property retains its architectural charm while benefiting from over $30,000 in recent capital improvements, including new dual-pane windows, fresh exterior paint, partial copper plumbing, and interior renovations in half of the units, partial roof. The layout offers privacy and appeal for long-term occupancy, with a unit mix that supports strong rental demand. This is a well-located multifamily asset with upside potential through further unit repositioning and possible ADU development.

Getting Around

73
WalkingVery Walkable
60
TransitGood Transit
73
BikeVery Bikeable

Construction

Condition

  • Year built: 1927

Materials

  • Roof: Rolled/Hot Mop,Spanish Tile
  • Construction materials: Copper Plumbing

Type & Style

  • Home type: MultiFamily
  • Property subType: Mixed Use

Interior

Appliances

  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 10
  • Bathrooms: 6

Features

  • Flooring: Laminate
  • Common walls with other units/homes: No Common Walls

Heating

  • Heating features: Wall Furnace

Interior Area

  • Total structure area: 3,377
  • Total interior livable area: 3,377 sqft

Property

Details

  • Parcel number: 6022003011
  • Zoning: LAR1
  • Special condition: Standard

Features

  • Levels: One,Multi/Split
  • Stories: 1
  • Entry location: 1 & 2 floor
  • Pool features: None
  • Spa features: None
  • Has view: Yes
  • View description: None

Lot

  • Lot size: 7,704 sqft
  • Features: 0-1 Unit/Acre,Flag Lot,Paved

Parking

  • Total spaces: 5
  • Parking features: Garage
  • Has garage: Yes
  • Attached garage spaces: 5
  • Covered spaces: 5

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Heat Wave
    Heat WaveModerate
  • Wildfire
    WildfireModerate

How This Home’s Risks Compare

Earthquake
Heat Wave
Wildfire

FEMA Declared Disasters in Los Angeles County and California

Earthquake
Fire
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tornado
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $5,815$69,780
Home Insurance *$225$2,700
Property Taxes $642$7,704
Electricity $724$8,689
Total$7,406$88,872
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$253,920/yr
40% on housing$222,180/yr
45% on housing$197,493/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 10.3%
10.3%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 1.2%
1.2%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$341This listing

vs Other Active Listings

Avg $/sqft

ZIP 90003$339
Los Angeles County$602

vs Homes Sold Last Month

Median $/sqft

ZIP 90003$502
Los Angeles County$610

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-08-14Price change$1,275,000
2025-06-04Listed for sale$1,350,000
2023-02-09Listing removed$1,295,000
2021-12-09Contingent$1,295,000
2021-12-01Price change$1,295,000
2021-10-14Listed for sale$1,339,000
2019-12-02Sold$810,000
2019-04-10Pending sale$789,990
2019-03-12Listed for sale$789,990

For Sale by Agent

AgentJeff Cossio
BrokerageGrand Avenue Realty & Lending

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