1103 W 64th St Active

Los Angeles,CA 90044

$ 1895000

4 Beds

12 Baths

5716 SqFt


Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 5,716 sqft

Price per Sqft $331

MLS Listing ID 25587291

Bedrooms 4

Year Built 1930

Lot Size 6,711 Sqft

Acres 0.1541

Property Sub-Type Multi-Family

Property Description

1103 W 64th St | 12 Units in South Los Angeles. 1930 multifamily property on a 6,709 SF LAR2 lot with 5,716 SF of building area; efficient mix of (7) studios, (4) one-bed / one-bath, and (1) two-bed / one-bath units. Fully occupied with in-place cash flow and ~27% rental upside through light-to-moderate renovations, RUBS implementation, and ancillary income streams. ADU feasibility and garage conversion potential provide long-term expansion opportunities. Attractive ~$158K per unit basis with a 7.73% current cap and 10.86% pro forma; strong transit access via Vermont Ave and Metro K Line supports consistent tenant demand and long-term stability in a resilient South LA submarket.

Location

State CA

County Los Angeles

Area Los Angeles Southwest

Zoning LAR2

Rooms

Other Rooms None

Interior

Heating None

Cooling None

Equipment None

Exterior

Parking Features Parking Space

Building

Story 2

Level or Stories Multi/Split

Others

Special Listing Condition Standard

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