Mike Watson, Realtor

Mike Watson

Call or Text(661) 733-2196
ActiveQuadruplex

245 W 73rd

Los Angeles, CA, 90003

1 / 38View all 38 photos

$965,000

MLS: DW26020560

Beds

6

Baths

4

Sq Ft

2,746

Lot

0.15 ac

Year Built

1907

MLS #

DW26020560

Days on Market

26

Listed

Feb 11, 2026

Description

Excellent investment opportunity with this well-kept quadruplex centered in the heart of Los Angeles located in a high demand rental community with low-vacancy rates offering strong income potential. It is ideal for an owner-occupant looking to improve the property and increase income over time. All units are currently rented, current in-place rents total $5,360/month Property features 2,746 SF of living space with 2-2-bedroom 1-bath & 2- 1-bedroom 1-bath units. Close to all the amenities LA has to offer. Just minutes away from USC, BMO Stadium, LA coliseum, LA Live, Crypto.com Arena. Easy access to the 110, 10 and 105 freeways. This property delivers flexibility, functionality, and long-term value. Please note, the property is being sold "as-is", buyers to conduct thorough investigations into its present condition. Buyer to satisfy self for square footage, permits and/or inspections. Seller or agent does not imply or make warranties or guarantees. Buyer and buyer’s agent to conduct own due diligence. Do not disturb tenants. Do not walk through the property without appointment.

Location

Los Angeles, Los Angeles County, CA 90003

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Listed by: Rosio Castaneda · First Class Platinum Brokers

Payment estimate

$7,003

/ month (est.)

Principal, interest, taxes, and insurance + PMI. Down payment: $96,500 · Loan: $868,500

%
Principal & Interest
$5,336
Property tax (1.25%)
$1,005
Homeowners insurance
$300
Mortgage insurance
$362
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Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.

Today's Rates

As of Apr 23, 2026

30-year fixed
6.23%
15-year fixed
5.58%

Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.

Financing Options

FHA Financing — 3.5% Down

First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $33,775 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.

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Local Market Stats

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Median sold price, days on market, active inventory, price brackets, and 12-month trends — pulled live from the MLS.

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