1159 E 64th ST, Los Angeles, CA 90001
1159 E 64th ST, Los Angeles, CA 90001
1159 E 64th ST, Los Angeles, CA 90001
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Diego Magdaleno

Diego Magdaleno

+1(714) 376-8652
$785,000
Est. payment /mo
6 Beds
4 Baths
2,088 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 2,088 sqft

Price per Sqft $375

MLS Listing ID 26637897

Bedrooms 6

HOA Y/N No

Year Built 1928

Lot Size 4,390 Sqft

Property Description

We are pleased to present 1159 E 64th St, a well-positioned 4-unit multifamily property in Los Angeles, offered at an attractive 6.84% CAP and 10.60 GRM on current rents, with value-add potential to reach an 10.46% CAP and 7.43 GRM. The property consists of one single story structure totaling 2,088 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. Property is subject to LA County rent control regulations. For additional information contact the listing broker.

Location

State CA

County Los Angeles

Area C42 - Downtown L.A.

Zoning LCR3YY

Interior

Fireplace No

Exterior

Parking Features None

Building

Story 1

Entry Level One

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 6008016029

Special Listing Condition Standard

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Listed by Casey Lins Kidder Mathews of California, Inc. #01902650

NEARBY SCHOOLS & PROPERTIES

Diego Magdaleno

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