1103 W 64th, Los Angeles, CA 90044
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1103 W 64th, Los Angeles, CA 90044
1103 W 64th, Los Angeles, CA 90044
1103 W 64th, Los Angeles, CA 90044
1103 W 64th, Los Angeles, CA 90044
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Nicole Darwin

Nicole Darwin

+1(707) 330-4357
$ 1,795,000
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1103 W 64th Los Angeles, CA 90044

6,708 Sqft Lot

UPDATED:

Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26057261

HOA Y/N No

Year Built 1930

Lot Size 6,708 Sqft

Property Sub-Type Mixed Use

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 $18,966 in monthly rental income. The asset is currently operating at an 8.14% cap rate and 7.89 GRM, providing investors with strong in place cash flow and stable income. Priced at just $149,583 per unit and $314 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

Area C34 - Los Angeles Southwest

Interior

Fireplace No

Laundry None

Exterior

Pool None

Community Features Curbs, Suburban, Sidewalks, Urban

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 6003032017

Acceptable Financing Cash, Cash to New Loan, Conventional, Contract

Listing Terms Cash, Cash to New Loan, Conventional, Contract

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Aaron Jacobson Lyon Stahl Investment Real Estate, Inc. 310-729-1559, DRE #02100737

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Nicole Darwin

Nicole Darwin

Advisor

+1(707) 330-4357

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1103 W 64th