$ 990,000
-
$990,000
Price -
0
Bed -
6
Bath -
3,096
SqFt
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About the Listing CLW-X82410 - CLW-C128038,SBCOOKVIN
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.
Listing Highlights for 1139 E 68th St
Status
Active
Days on Site
11
Property Type
Multi-Family
MLS ®
25605823
Year Built
1927
Total Square Footage
3,096
Lot/Acreage
0.11
County
Los Angeles
Area
C42 - Downtown L.A.
Interior Details
- Bedrooms: 0
- Bathrooms: 6 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water:
Exterior Details
- Lot Description: No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Zoning: LCR3*
- Roof:
- Others: 2+ Total Units
- Sewer:
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6010007022
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
1139 E 68th St Los Angeles, CA 90001
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