We are pleased to present 1166 E 64th St, a well-positioned 4-unit multifamily property in Los Angeles, offered at an attractive 7.33% CAP and 10.11 GRM on current rents, with value-add potential to reach an 11.49% CAP and 6.91 GRM. Located just east of the 110 Freeway, the property offers… Read More 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. The property consists of two separate structures a front triplex and a rear detached house totaling 1,952 rentable square feet on a 4,836 SF LCR3YY-zoned lot. Built in 1958 and 1923, respectively, the buildings feature a unit mix of 3 two-bedrooms and 1 one-bedroom, with two units already renovated. The site also includes both covered and uncovered on-site parking, enhancing tenant appeal. Contact the listing broker for additional information. Read Less
Property listed by Kidder Mathews of California, Inc., Casey Lins 858-369-3010
Listing Snapshot
Days Online
41
Last Updated
Property Type
Other
Beds
7
Square Ft.
1,952
Lot Size
0.11 Acres
Year Built
1958
MLS Number
25531829
30 Days Snapshot Of 90001
$550k
-8%
(avg) sold price
6
0%
homes sold
55
-38%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1958, Building area total: 1,952, Levels: MultiSplit, Living area: 1952, 2 buildings
Income
Gross income: $88,512, Net operating income: $65,602
Lot
0.111 acres, 4,836 square feet, Size: 4,836
Parking
4 totals parking, Driveway
Property
Zoning: LCR3YY
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Based on information from California Regional Multiple Listing Service, Inc. as of 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. Properties may or may not be listed by the office/agent presenting the information.
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