$1,250,000

341 343 W 73rd St Los Angeles, CA 90003

Florence Neighborhood

Estimated payment $8,061/month

Total Views 373
10 Beds
6 Baths
3,506 Sq Ft
$357 Price per Sq Ft

Highlights

  • Main Floor Bedroom
  • Double Pane Windows
  • Landscaped
  • No HOA
  • Laundry Room
  • Central Heating

About This Home

Newer Construction Duplex built by Ocean Development in 2016. Updated in March 2025. Each unit includes approximately 1,750 square feet with 5 bedrooms and 3 full baths. Unit 343 receives $5,026 monthly rental income. Unit 341 receives $4,000 monthly rental income. Thoughtfully designed with one unit in front and the second unit in back - No one above or below either unit. Design features include central heating systems, dual pane vinyl frame windows, solid wood cabinets, and granite counter tops. Private interior laundry room in on the second level of each unit. Property includes a 3 car garage. We feel this is the best investment property opportunity in the area combining modern construction, quality of construction, location, superior features, and superior rental income. This property returns an estimated 6.2% Cap Rate based on Actual annual gross rental income of $108,312, with estimated Net annual rental income of 77,812. Estimated 11.6xGRM.

Listing Agent

Cary Hairabedian

RE/MAX College Park Realty Brokerage Phone: 714-960-2449 License #00876519 Listed on: 08/22/2025

RE/MAX College Park Realty

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 2016

Lot Details

  • 5,670 Sq Ft Lot
  • 1 Common Wall
  • Wrought Iron Fence
  • Wood Fence
  • Landscaped
  • Rectangular Lot
  • Level Lot

Parking

  • 3 Car Garage
  • Parking Available
  • Driveway Level

Home Design

  • Duplex
  • Composition Roof
  • Stucco

Interior Spaces

  • 3,506 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Carpet

Kitchen

  • Gas Range
  • Free-Standing Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • Main Floor Bedroom
  • 6 Bathrooms

Laundry

  • Laundry Room
  • Laundry on upper level
  • Washer and Gas Dryer Hookup

Utilities

  • Central Heating
  • Natural Gas Connected
  • Water Heater

Listing and Financial Details

  • Tax Lot 6
  • Tax Tract Number 4182
  • Assessor Parcel Number 6031003033
  • $485 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Units
  • Built by Ocean Development

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $780
  • Insurance Expense $2,000
  • Professional Management Expense $5,160
  • Water Sewer Expense $6,700
  • New Taxes Expense $15,625
  • Operating Expense $30,505
  • Gross Income $108,312
  • Net Operating Income $77,812

Property Details

Home Type

Multi-Family

Year Built

Built in 2016

Lot Details

0

Parking

3

Listing Details

  • Assessments: Yes
  • CapRate: 6.20
  • Price Per Unit: 625000
  • Professional Management Expense: 5160.00
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 6700.00
  • Zoning: LAR2
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 780.00
  • Parcel Number: 6031003033
  • Year Built: 2016
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: 1
  • Common Walls: 1 Common Wall
  • Flooring: Carpet
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 356.53
  • Room Type: Laundry, Main Floor Bedroom, Primary Bedroom
  • Window Features: Double Pane Windows

Exterior Features

  • Fence: Yes
  • Fencing: Wood, Wrought Iron
  • Builder Name: Ocean Development
  • Pool Private: No
  • Roof: Composition
  • Spa: No
  • Construction Materials: Stucco

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: Yes
  • Parking Features: Driveway, Paved, Driveway Level, Garage
  • Total Parking Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Free-Standing Range, Gas Range, Water Heater
  • Heating Type: Central
  • Laundry Features: Gas & Electric Dryer Hookup, In Closet, Upper Level, Washer Hookup
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped, Level with Street, Rectangular Lot, Level
  • Lot Size Sq Ft: 5670.00
  • Lot Size Acres: 0.1302

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 108312.00
  • Gross Multiplier: 11.60
  • Gross Operating Income: 108312.00
  • Gross Scheduled Income: 108312.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 5670.0000 Square Feet
  • Net Operating Income: 77812.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Number With Carpet: 2
  • Number With Range: 2
  • Operating Expense: 30500.00
  • Rent Control: No
  • Total Expenses: 30505.00

Tax Info

  • New Taxes Expense: 15625.00
  • Tax Census Tract: 2396.01
  • Tax Lot: 6
  • Tax Tract Number: 4182
  • TaxOtherAnnualAssessmentAmount: 485.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/22/2025 08/22/25 For Sale $1,250,000 -- $357 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

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Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW25187105

California Regional Multiple Listing Service (CRMLS)
California Los Angeles County Los Angeles 90003 Florence

341 343 W 73rd St, Los Angeles, CA

This home is located at 341 343 W 73rd St, Los Angeles, CA 90003 and is currently priced at $1,250,000, approximately $356 per square foot. This property was built in 2016. 341 343 W 73rd St is a home located in Los Angeles County with nearby schools including South Park Elementary School, Mary McLeod Bethune Middle School, and Academy For Multiligual Arts And Science At Mervyn M. Dymally High.

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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Nearby Homes
Cary Hairabedian
Listing Agent
Cary Hairabedian
Section Image
RE/MAX College Park Realty
(800) 944-2441