944 W 74th St Los Angeles, CA 90044
Vermont Knolls NeighborhoodEstimated payment $5,959/month
Total Views
3,490
9
Beds
5
Baths
2,825
Sq Ft
$354
Price per Sq Ft
Highlights
- No HOA
- Laundry Room
- 1-Story Property
- Park
- Central Heating
About This Home
NO RENT CONTROL! Excellent Investment Opportunity — Best Current Rate of Return in the Area!
This rare, legal duplex includes a fully permitted ADU, offering a unique opportunity for investors to achieve above-average returns or for owner-occupants to live in one unit while the other two help pay the mortgage.
The detached duplex units (944 and 946) were built in 1998, and the ADU was constructed in 2023. All three units are currently tenant-occupied. Each duplex unit features 3 bedrooms and 2 bathrooms. The ADU offers 3 bedrooms and 1 bathroom. The ADU is rented for $3,000 per month. The ADU was built in 2023, has its own postal address and is in good condition. Unit 946 is also in good condition, while Unit 944 could benefit from some cosmetic improvements.
Covered parking is available beneath the ADU. Each unit has its own laundry hookups, as well as separate gas and electric meters.
This property is conveniently located near Downtown LA, USC, L.A. Live, museums, Crypto.com Arena, the convention center, LAX, SoFi Stadium, and the YouTube Theater.
Listing Agent
Elmira Sonboli, Broker Brokerage Phone: 626-536-8979 License #01843904 Listed on: 05/07/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,246
Year Built
- Built in 1998
Lot Details
- 5,600 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Duplex
Interior Spaces
- 2,825 Sq Ft Home
- 1-Story Property
- Gas Oven
- Laundry Room
Bedrooms and Bathrooms
- 9 Bedrooms
- 5 Bathrooms
Parking
- 4 Parking Spaces
- 4 Carport Spaces
- Parking Available
- Assigned Parking
Additional Features
- Urban Location
- Central Heating
Listing and Financial Details
- Legal Lot and Block 8 / 3
- Tax Tract Number 2377
- Assessor Parcel Number 6020005008
- $366 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 3 Buildings
- 3 Units
Recreation
- Park
Building Details
- 3 Leased Units
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Water Sewer Expense $100
- Operating Expense $100
- Gross Income $8,200
- Net Operating Income $8,200
Map
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Home Values in the Area
Average Home Value in this Area
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 | $6,246 | $500,139 | $300,085 | $200,054 |
| 2024 | $6,246 | $490,333 | $294,201 | $196,132 |
| 2023 | $6,133 | $480,720 | $288,433 | $192,287 |
| 2022 | $5,859 | $471,295 | $282,778 | $188,517 |
| 2021 | $5,778 | $462,055 | $277,234 | $184,821 |
| 2019 | $5,610 | $448,352 | $269,012 | $179,340 |
| 2018 | $5,504 | $439,562 | $263,738 | $175,824 |
| 2016 | $5,302 | $422,496 | $253,498 | $168,998 |
| 2015 | $5,177 | $416,151 | $249,691 | $166,460 |
| 2014 | $3,056 | $231,566 | $129,103 | $102,463 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/06/2025 07/06/25 | Price Changed | $1,000,000 | -7.4% | $354 / Sq Ft |
| 07/01/2025 07/01/25 | Price Changed | $1,080,000 | -10.0% | $382 / Sq Ft |
| 07/01/2025 07/01/25 | Price Changed | $1,200,000 | -1.6% | $425 / Sq Ft |
| 06/02/2025 06/02/25 | Price Changed | $1,220,000 | -6.2% | $432 / Sq Ft |
| 05/07/2025 05/07/25 | For Sale | $1,300,000 | 0.0% | $460 / Sq Ft |
| 03/28/2023 03/28/23 | Rented | $3,450 | +11.3% | -- |
| 02/08/2023 02/08/23 | For Rent | $3,100 | 0.0% | -- |
| 02/28/2014 02/28/14 | Sold | $408,000 | -4.0% | $201 / Sq Ft |
| 01/21/2014 01/21/14 | Pending | -- | -- | -- |
| 11/18/2013 11/18/13 | For Sale | $424,900 | +88.0% | $210 / Sq Ft |
| 03/12/2012 03/12/12 | Sold | $226,000 | -9.6% | $112 / Sq Ft |
| 01/03/2012 01/03/12 | Pending | -- | -- | -- |
| 11/30/2011 11/30/11 | For Sale | $249,900 | -- | $123 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | -- | |
| Grant Deed | $408,000 | North American Title Company | |
| Interfamily Deed Transfer | -- | First American Title Ins Co | |
| Grant Deed | $226,000 | First American Title Ins Co | |
| Trustee Deed | $614,788 | Accommodation | |
| Interfamily Deed Transfer | -- | Gateway Title Company | |
| Quit Claim Deed | -- | Landsafe Title | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Corporate Deed | $185,000 | Lawyers Title Company | |
| Grant Deed | $44,000 | Continental Lawyers Title Co | |
| Interfamily Deed Transfer | -- | North American Title Co | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Ins | |
| Grant Deed | $267,000 | Commonwealth Land Title Ins |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $285,600 | New Conventional | |
| Previous Owner | $234,000 | New Conventional | |
| Previous Owner | $30,000 | Stand Alone Second | |
| Previous Owner | $158,000 | New Conventional | |
| Previous Owner | $527,000 | Unknown | |
| Previous Owner | $50,000 | Credit Line Revolving | |
| Previous Owner | $310,000 | Fannie Mae Freddie Mac | |
| Previous Owner | $247,000 | New Conventional | |
| Previous Owner | $183,743 | FHA |
Source: Public Records
Similar Homes in Los Angeles, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW25102233
APN: 6020-005-008
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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
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