Los Angeles, CA 90001,1139 E 68th St
See all 10 photos
Los Angeles, CA 90001,1139 E 68th St
Los Angeles, CA 90001,1139 E 68th St
Los Angeles, CA 90001,1139 E 68th St
Los Angeles, CA 90001,1139 E 68th St
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
Wed
15
Oct
Thu
16
Oct
Fri
17
Oct
$ 990,000
Est. payment /mo
Save
New

1139 E 68th St Los Angeles, CA 90001

10 Baths

3,096 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 3,096 sqft

Price per Sqft $319

MLS Listing ID 25605823

Year Built 1927

Lot Size 4,997 Sqft

Acres 0.1147

Property Sub-Type Multi-Family

Property Description

We are pleased to present a 10-unit apartment community located on 1139 E 68th St in the heart of Los Angeles for an extremely low $99,000 per unit! The property is located in close proximity to the 110 and 105 freeways as well as neighboring cities such as Huntington Park, Walnut Park, and South Gate. Strategically positioned in one of the densest rental markets in Los Angeles, the property caters to hundreds of thousands of working-class tenants in the neighborhood that is easily accessible to a number of metro bus stops. The building currently operates at a 9.71 GRM on current rents (assuming market rents for the one vacant unit), with rental upside potential to a 6.35 GRM on pro forma rents. The property consists of a one, single-story structure built in 1927 that has undergone a number of improvements in recent years, such as a new roof, copper plumbing, new sewer line, and exterior paint. The unit mix is comprised of ten studio units, with 1 unit VACANT. Contact the listing broker for additional information.

Location

State CA

County Los Angeles

Area Downtown L.A.

Zoning LCR3*

Rooms

Other Rooms None

Interior

Heating Other

Cooling Other

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.

Tour This Home

1139 E 68th St

GET MORE INFORMATION

Name

Phone*

Message

Anastasiya Richards

+1(510) 493-0442

akheystver@gmail.com

w600_original_82afdf6b-96e0-4b9d-b937-ae340f2e5324-jpeg (1)
};