1139 E 68th Street , Los Angeles, CA 90001
Los Angeles, CA 90001
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 $110,000 per unit and 2 units delivered VACANT! 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. The building currently operates at a 11.10 GRM on current rents (assuming market rents for the 2 vacant units), with rental upside potential to a 6.57 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 2 units VACANT.
Details
| Mls | 24413743 |
|---|---|
| Listing Type | For Sale |
| Subtype | Resale |
| Status | Active |
| Year | 1927 |
| Days On Site | 147 |
| Listing Provided By | Kidder Mathews of California, Inc. 858-369-3010 | Casey Lins |
Features
| Baths | 10 |
|---|---|
| Sq Feet | 3,096 |
| Storys | 1 |
| Units | 10 |
| Buildings | 1 |
| Zoning | LCR3* |
| Acreage | 0.11 |
Market Activity 90001
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Learn More About This Property
| State | CA |
|---|---|
| County | Los Angeles |
| City | Los Angeles |
| Zip Code | 90001 |
| Area | C42 Downtown L.A. |
| Listing VS Median (in 90001) | |
Price: $1,100,000 low | high Med: $952,500 SqFt: 3,096 low | high Med: 1,329 $ / SqFt: $355 low | high Med: $2,039 On Site: 147 low | high Med: 156.000000 | |