1159 E 64th St new Save Request In-Person Tour Request Virtual Tour
Los Angeles,CA 90001
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 2,088 sqft
Price per Sqft $395
MLS Listing ID 25574899
Bedrooms 6
Year Built 1928
Lot Size 4,392 Sqft
Acres 0.1008
Property Sub-Type Multi-Family
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 6.45% CAP and 11.14 GRM on current rents, with value-add potential to reach an 9.89% CAP and 7.81 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. For additional information contact the listing broker.
Location
State CA
County Los Angeles
Area Downtown L.A.
Zoning LCR3YY
Rooms
Other Rooms None
Interior
Heating Other
Cooling Other
Equipment Other
Exterior
Parking Features None
Building
Lot Description Single Lot
Story 1
Level or Stories One
Others
Special Listing Condition Standard