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Listed by: Neema Ahadian (310) 909-5444 DRE #01346750 | Marcus & Millichap (310) 909-5500
$6,800,000
32 Beds
24 Baths
13,674sqft
117 S Avenue 64, Los Angeles, CA 90042
$6,800,000
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Multi Family
Built in 1989
$-- HOA
11,307 sqft lot
$497/sq.ft
Description
We are pleased to present The Marq, a 24-unit multifamily investment opportunity located in the heart of Highland Park at 117 S Avenue 64, just south of York Boulevard and east of North Figueroa Street. Built in 1989, the property is exempt from the Los Angeles Rent Stabilization Ordinance, offering investors greater flexibility and income potential. The Marq features a highly desirable unit mix of 16 one-bedroom and eight two-bedroom apartments, with gated ground-level parking comprising 14 single spaces and 12 tandem spaces. This offering provides immediate strong in-place cash flow with a current 5.81% CAP rate and 10.33 GIM, and is priced attractively at $283,333 per ...
Continue Reading- Houzeo last checked: 55 minutes ago
- Listing updated: July 6, 2026 at 6:29 pm
- Source: California Regional MLS-CA | MLS#: 26650001
Property Details
Status
Active
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1989
HOA Fees
-
Finished Area
13,674 sqft
Lot Size
11,307 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
26650001
MLS Status
Active
Days on Market
150
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