1103 W 64th Street, Los Angeles, CA 90044
1103 W 64th Street, Los Angeles, CA 90044
1103 W 64th Street, Los Angeles, CA 90044
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Margaret DeLao

Margaret DeLao

+1(858) 229-8016
$1,725,000
Est. payment /mo
3 Beds
3 Baths
6,709 Sqft Lot
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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26119705

Bedrooms 3

Lot Size 6,709 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

1103 W 64th St presents an excellent opportunity to acquire a well-located 12-unit multifamily property in South Los Angeles. The property features a desirable unit mix consisting of (7) Studios, (4) 1 bedroom/1 bath units, and (1) 2 bedroom/1 bath unit, currently generating $18,684 in monthly rental income. The asset is currently operating at an 8.14% cap rate and 7.69 GRM, providing investors with strong in place cash flow and stable income. Priced at just $143,750 per unit and $301 per square foot, the offering presents an attractive basis relative to comparable multifamily properties in the area. The property is conveniently located in South Los Angeles, offering easy access to Downtown Los Angeles, USC, as well as major transportation corridors and key employment centers throughout the city.

Location

State CA

County Los Angeles

Zoning Assessor

Direction east of Vermont Ave and west of Normandie Ave

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 6003032017

Acceptable Financing Cash, Conventional, Land Contract

Listing Terms Cash, Conventional, Land Contract

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MLS Router / San Diego MLS
Listed by Aaron Jacobson, DRE#02100737 Lyon Stahl Investment Real Estate, Inc. 

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Margaret DeLao

Margaret DeLao

+1(858) 229-8016

Realtor | License ID: 01377428

Realtor License ID: 01377428

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