$10,000 Closing Credit¹
#OC25087686, Tony Lee, Listing Office: Elite Homes Realty
#SB25055044·
Listing office: Keller Williams South Bay·
Listing agent: Josh Cohen·
Listing office phone: 310-480-2130
$1,350,000 List price
642 W 74th St Los Angeles, CA 90044
$10,000
Closing credit¹
0.2 acres
Condo
Property details
About 642 W 74th St
This 7-unit multifamily apartment offers a compelling investment opportunity with strong cash flow and rental upside potential of approximately 44% +/-. Priced competitively at a 6.70% Cap Rate and 9.43 GRM, an investor can step into a performing asset while enacting a value-add strategy to capture the remaining upside. The property features a unit mix of (5) two bedroom units and (2) one bedroom units, all of which are individually metered for gas and electricity, and also feature laundry hookups! The area has traditionally been a strong rental market, and units are always in high demand.
Highlights
Home typeCondominium
StatusActive
Lot size0.1608 Acres
Year built1963
MLS #SB25055044
Summary
- Private Pool: No
- List Price: $1,350,000
- Annual Tax Amount: $14,662
- Tax Year: 2024
- Directions: 74th Street
- Year Built: 1963
- Stories: 2
- Lot Size: 0.1608 Acres
- MLS Number: SB25055044
- MLS Name: CRMLS
- Office Name: Keller Williams South Bay
- Office Phone: (310) 480-2130
- Listing Agent: Josh Cohen
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. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/6/2025, 10:20:35 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$1,350,000
642 W 74th St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| May 04, 2018 | Home Sold | $1,012,500 |
| Jul 31, 2015 | Home Sold | $800,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,129,458 | $14,662 |
| 2023 | $1,107,313 | $14,397 |
| 2022 | $1,085,602 | $13,763 |
| 2021 | $1,064,317 | $13,575 |
| 2020 | $1,053,405 | $13,189 |
| 2019 | $1,032,750 | $10,897 |
| 2018 | $832,320 | $10,632 |
| 2017 | $816,000 | $10,632 |
History based on county public records data.
Nearby schools
4
Loren Miller Elementary School
Public District KG-6
0.3 mi
•830 W 77th St
6
Gil Garcetti Learning Academy
Public District KG-6
0.4 mi
•612 W 68th St
3
Gerald A. Lawson Academy
Public District KG-6
0.5 mi
•929 W 69th St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $41,357. Typical income of Los Angeles, CA residents is between $35k-100k annually. The most common type of family is single, with kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
42%
<35k
49%
35k-100k
7%
100k-200k
2%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
30%
Single, No Kids
34%
Single, with Kids
9%
Married, No Kids
27%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
23%
<11 yrs old
12%
12-17 yrs old
29%
18-34 yrs old
32%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 642 W 74th St
The listing price of 642 W 74th St property is $1,350,000.
The property 642 W 74th St is a condo located in Los Angeles, California, 90044.
Active Listing: 642 W 74th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 642 W 74th St are: Loren Miller Elementary School (GreatSchools Rating 4/10), Gil Garcetti Learning Academy (GreatSchools Rating 6/10), Gerald A. Lawson Academy (GreatSchools Rating 3/10), Bethune Middle School (GreatSchools Rating 4/10), Kipp Academy of Opportunity (GreatSchools Rating 3/10), Vox Collegiate of los Angeles (GreatSchools Rating 7/10), Youth Opportunities Unlimited (GreatSchools Rating 2/10), John C. Fremont High School (GreatSchools Rating 3/10), Augustus F. Hawkins High School - Critical Design and Gaming (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $14,662 (source: MLS/based on county public records data).
The last sale was on May 4, 2018 for $1,012,500 (source: MLS/tax record).
The property at 642 W 74th St has 0 bathroom.
The year of construction for 642 W 74th St is 1963.
This home is located at 642 W 74th St in Los Angeles, CA and zip code 90044 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since March 12, 2025 and is currently priced at $1,350,000.
In April 2025, from all listings sold in Los Angeles, CA there were more than 395 sold above asking price, over 328 sold below and more than 148 were sold right at the asked price. In April 2025 in Los Angeles, CA there were 10.2% more homes for sale than in March. In April 2025 median list price was $896,516 and the average listing age was 36 days.
From Rocket Homes Real Estate and based on county public records data.