• Asking Price $850,000
  • Estimated Value: $862,313
  • 1159 E 64TH ST LOS ANGELES, CA 90001

  • 6 Beds 4 Baths 2,088 SqFt
  • Multi-family (5 or more units) / Resale (MLS)

Property Details for 1159 E 64TH ST, LOS ANGELES, CA 90001

Features

  • Price/sqft: $407
  • Lot Size: 4390 sq. ft.
  • Total Units: 4
  • Total Rooms: 5
  • Room List: Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5

Facts

  • Year Built: 01/01/1928
  • Property ID: 892383247
  • MLS Number: 24-403669
  • Parcel Number: 6008-016-029
  • Property Type: Multi-family (5 or more units)
  • County: LOS ANGELES
  • Legal Description: TRACT # 5450 EX OF ST LOT/SEC 222
  • Zoning: LCR3YY
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. Prime 4 unit in South Central LA! 100% Occupied and listed at 11.76 GRM and 6.12% CAP Rate! Two units are 1Br + 1Ba units, and two units are 2Br + 1Ba units. Street parking only. Over $6,000 in current monthly income, with about 40% upside in rents. Separately metered for gas and electricity and separate hot water heaters. Located on Gage between Central and Hooper, which is Unincorporated Los Angeles County. The property is only subject to County of Los Angeles rent control. Just around the corner from El Super, Starbucks, Gamestop, Fashion Q, La Pizza Loca, Subway, Tams, Chase Bank, and Carls Jr, and many more. This is a densely populated area of LA that is always easy to rent in, with excellent schools, Bethune Park, and nearby amenities and transportation nearby. Look far and wide, you will be hard pressed to find a 4 unit under $1M with average rents over $1,500/mo! Act fast!

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Property Brokerage: Equity Union Real Estate 13400 Ventura Blvd. Sherman Oaks CA 91423
Copyright © 2024 TheMLSCLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.