We are pleased to present 1159 E 64th St, a well-positioned 4-unit multifamily property in Los Angeles, offered at an attractive 6.45% CAP and 11.14 GRM on current rents, with value-add potential to reach an 9.89% CAP and 7.81 GRM. The property consists of one single story structure totaling 2,088… Read More 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. For additional information contact the listing broker. Read Less
Property listed by Kidder Mathews of California, Inc., Casey Lins 858-369-3010
Listing Snapshot
Days Online
1
Last Updated
Property Type
Other
Beds
6
Square Ft.
2,088
Lot Size
0.1 Acres
Year Built
1928
MLS Number
25574899
30 Days Snapshot Of 90001
$547k
-7%
(avg) sold price
3
-40%
homes sold
58
-20%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Built in 1928, Building area total: 2,088, Levels: One, Living area: 2088, 1 story, 1 building, Architectural style: , Attached, Common walls: OneCommonWall
Income
Gross income: $74,040, Net operating income: $53,184
Lot
0.1008 acres, 4,392 square feet, Size: 4,392
Parking
None
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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