9
See all 9 photos
$1,100,000
Est. payment /mo
10 BA
3,096 SqFt
Active
1139 E 68th ST Los Angeles, CA 90001
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UPDATED:
09/30/2024 06:42 PM
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 3,096 sqft
Price per Sqft $355
MLS Listing ID 24413743
HOA Y/N No
Year Built 1927
Lot Size 4,996 Sqft
Property Description
We are pleased to present a 10-unit apartment community located on 1139 E 68th St in the heart of Los Angeles for an extremely low $110,000 per unit and 2 units delivered VACANT! The property is located in close proximity to the 110 and 105 freeways as well as neighboring cities such as Huntington Park, Walnut Park, and South Gate. The building currently operates at a 11.10 GRM on current rents (assuming market rents for the 2 vacant units), with rental upside potential to a 6.57 GRM on pro forma rents. The property consists of a one, single-story structure built in 1927 that has undergone a number of improvements in recent years, such as a new roof, copper plumbing, new sewer line, and exterior paint. The unit mix is comprised of ten studio units, with 2 units VACANT.
Location
State CA
County Los Angeles
Area C42 - Downtown L.A.
Zoning LCR3*
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Exterior
Parking Features None
Building
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 6010007022
Special Listing Condition Standard
Listed by Casey Lins • Kidder Mathews of California, Inc.
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