1159 E 64th St, Los Angeles, CA 90001
1159 E 64th St, Los Angeles, CA 90001
1159 E 64th St, Los Angeles, CA 90001
1159 E 64th St, Los Angeles, CA 90001
1159 E 64th St, Los Angeles, CA 90001
1159 E 64th St, Los Angeles, CA 90001
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$ 695,000
Est. payment | /mo

6 Beds

4 Baths

2,088 SqFt


Save
$ 695,000
Est. payment | /mo
Save

6 Beds

4 Baths

2,088 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 2,088 sqft

Price per Sqft $332

MLS Listing ID 26104564

Bedrooms 6

Year Built 1928

Lot Size 4,392 Sqft

Acres 0.1008

Property Sub-Type Multi-Family

Property Description

We are pleased to present 1159 E 64th St, a well-positioned 4-unit multifamily property in Los Angeles, offered at an attractive 7.28% CAP and 9.70 GRM on current rents, with value-add potential to reach an 11.71% CAP and 6.58 GRM. The property consists of one single story structure totaling 2,088 rentable square feet on a 4,392 SF LCR3YY-zoned lot. Built in 1928, the building features a unit mix of two (2) two-bedroom units and two (2) one-bedroom units. The site also includes street access on both sides of the property from E Gage Avenue and 66th Street. Located just east of the 110 Freeway, the property offers easy access to the Florence and Slauson Light Rail Stations, multiple Metro lines, and nearby neighborhoods including Huntington Park, Walnut Park, South Gate, and Maywood. It's also conveniently situated near Edison Middle School, Public Service Community High School, and Mary M. Bethune Park. Property is subject to LA County rent control regulations. For additional information contact the listing broker.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LCR3YY

Rooms

Other Rooms None

Interior

Heating Wall

Cooling None

Equipment Other

Exterior

Parking Features None

Building

Lot Description Single Lot

Story 1

Level or Stories One

Others

Special Listing Condition Standard

TheMLS (CLAW)
Listed by Kidder Mathews of California, Inc.

Nearby Locations

Preet Sandhu

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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1159 E 64th St

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