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3321-3325 W 74th St
Los Angeles, CA 90043 Park Mesa Heights

$3,575,000 USD

Apartments For Sale  •  8,798 SF

Property Details

  • Property Type Apartments
  • Total Building Size 8,798 SF
  • Lot Size 0.31 AC
  • Building Class C
  • Year Built 1960
  • Cap Rate 7.13 %
  • Zoning LAC2
60 Transit Score
60 Walk Score

Highlights

Great curb appeal on well maintained 20 unit apartment building with center courtyard between the two structures that were built in 1961.
Excellent unit mix of half 2 bedroom units and half 1 bedroom units. Rents have upside vial LA City RSO increases, Go to market rents at turnover.
On site parking for 20 vehicles, and laundry room for tenants.

Financial Summary (Actual)

Net Operating Income: $255,071 USD (2025)
Cap Rate: 7.13 %
Total Expenses: $117,397 USD

Amenities

  • Air Conditioning
  • Courtyard
  • Disposal
  • Laundry Facilities
  • Gated
  • Ceiling Fans
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Carpet
  • Smoke Detector

Public Transportation

Transit/SubwayDriveWalkDistance
Fairview Heights Station (Metro K-Line - Metro - Los Angeles) 2 min 12 min 0.6 mi
Hyde Park Station (Metro K-Line - Metro - Los Angeles) 1 min 20 min 1.1 mi
AirportDriveWalkDistance
Los Angeles International 12 min - 5.9 mi
Bob Hope 32 min - 18.9 mi
Long Beach (Daugherty Field) 28 min - 19.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 8
Type: Covered
Included in Rent: Yes
Stephen Lampe 310-880-1151 RE/MAX Commercial & Investment Realty
Stephen Lampe 310-880-1151 RE/MAX Commercial & Investment Realty