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Listed by: Casey Lins (714) 333-6768 DRE #01902650, Vincent Cook DRE #02012324 | Kidder Mathews of California, Inc. (858) 369-3010
$960,000
-- Bed
- 10 Baths
3,096sqft
1139 E 68Th St, Los Angeles, CA 90001
$960,000
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Multi Family
Built in 1927
$-- HOA
4,997 sqft lot
$310/sq.ft
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 $96,000 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 9.42 GRM on current rents (assuming market rents for the one vacant unit), with rental upside potential to a 6.15...
Continue ReadingProperty Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1927
HOA Fees
-
Finished Area
3,096 sqft
Lot Size
4,997 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
25605823
MLS Status
Active
Days on Market
66
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