$749,000

Estimated payment $4,534/month

Total Views 75
4 Beds
3 Baths
1,846 Sq Ft
$406 Price per Sq Ft

About This Home

Value-add multifamily opportunity in Los Angeles, also known as 7301 Towne Ave. Situated on a large 6,714 sq ft corner lot, this R2-zoned property consists of a single-family residence plus a duplex (3 units total), offering both stable in-place income and multiple paths for upside. The property currently offers a strong cap rate, with clear opportunities to increase rents to market levels, renovate existing units, and add an ADU to further maximize income. The corner lot configuration and favorable zoning create long-term redevelopment and expansion potential, making this an ideal asset for investors seeking both cash flow and future value growth. Centrally located near schools, parks, public transportation, and major thoroughfares, this property combines strong fundamentals, flexible exit strategies, and long-term appreciation potential in a high-demand rental market.

Listing Agent

Maryna Pototska

Nest Seekers License #02128636 Listed on: 02/18/2026

Nest Seekers

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1937

Home Design

  • Duplex

Interior Spaces

  • 1,846 Sq Ft Home
  • 1-Story Property
  • Oven or Range

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 3 Bathrooms

Additional Features

  • 6,716 Sq Ft Lot
  • Heating System Mounted To A Wall or Window

Community Details

  • 2 Buildings
  • 3 Units

Listing and Financial Details

  • Assessor Parcel Number 6022-018-001

Property Details

Home Type

Multi-Family

Year Built

Built in 1937

Lot Details

6,716 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Living Area: 1846
  • Lot Acreage: 0.1542
  • Year Built: 1937
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 0

Interior Features

  • Bedrooms: 4
  • Total Bathrooms: 3.00
  • Equipment: Range/Oven
  • Price Per S Q F T: 405.74

Exterior Features

  • Other Structures: None

Utilities

  • Heating: Wall Gas

Lot Info

  • Assessed Improvement Percent: 30.00
  • Assessed Improvement Value: 189211
  • Assessed Land Percent: 70
  • Assessed Land Value: 441494
  • Total Assessed Value: 630705
  • Assessor Parcel Number: 6022-018-001
  • Lot Size Area: 6716

Multi Family

  • Unit Type: 2106, 2107
  • Gross Rent Multiplier: 15.00
  • Number Of Units: 3
  • Type Of Units: SFR + duplex

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $8,116 $656,183 $459,329 $196,854
2024 $8,116 $643,318 $450,323 $192,995
2023 $7,963 $630,705 $441,494 $189,211
2022 $7,598 $618,339 $432,838 $185,501
2021 $7,502 $606,215 $424,351 $181,864
2020 $7,575 $600,000 $420,000 $180,000
2019 $5,081 $400,785 $196,083 $204,702
2018 $5,012 $392,928 $192,239 $200,689
2016 $4,783 $377,672 $184,775 $192,897
2015 $5,551 $442,067 $223,934 $218,133
2014 -- $433,409 $219,548 $213,861
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/18/2026 02/18/26 For Sale $749,000 -- $406 / Sq Ft
Source: The MLS

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed -- None Available
Grant Deed $600,000 Lawyers Title Company
Trustee Deed $274,000 None Available
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- Fidelity National Title Co
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- Investors Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $1,000,000 Purchase Money Mortgage
Previous Owner $143,500 Purchase Money Mortgage
Source: Public Records

Source: The MLS

MLS Number: 26650397

The MLS

APN: 6022-018-001

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