1159 E 64th Street, Los Angeles, CA 90001

$695,000
6
BD
4
BA
2,088
SqFt

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List Price
$695,000
Status
ACTIVE
MLS#
26104564
Year Built
1928
Bedrooms
6
Bathrooms
4
Living Sq. Ft
2,088
Lot Size
4,392
Acres
0.10
Days on Market
1
Property Type
Multifamily
Stories
One Level

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.

Additional Information

Heat
Wall Furnace
Cooling Description
None
Attached Structure
Attached
Number Of Units Total
4

Listing courtesy of Listing Agent: Casey Lins (Casey.Lins@kidder.com) from Listing Office: Kidder Mathews of California, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.