1159 E 64th Street
Los Angeles, CA 90001
2088 sqft | 6 beds | 0.10 acres | #24403669
Description
Prime 4 unit in South Central LA! 100% Occupied and listed at 11.76 GRM and 6.12% CAP Rate! Two units are 1Br + 1Ba units, and two units are 2Br + 1Ba units. Street parking only. Over $6,000 in current monthly income, with about 40% upside in rents. Separately metered for gas and electricity and separate hot water heaters. Located on Gage between Central and Hooper, which is Unincorporated Los Angeles County. The property is only subject to County of Los Angeles rent control. Just around the corner from El Super, Starbucks, Gamestop, Fashion Q, La Pizza Loca, Subway, Tams, Chase Bank, and Carls Jr, and many more. This is a densely populated area of LA that is always easy to rent in, with excellent schools, Bethune Park, and nearby amenities and transportation nearby. Look far and wide, you will be hard pressed to find a 4 unit under $1M with average rents over $1,500/mo! Act fast!
Property Details
- Property SubtypeResidentialIncome
- Property TypeMulti-Family
- Sewer InformationSewerTapPaid
- CountyLos Angeles
- Original List Price$850,000
- MLS #24403669
- MLS #24403669
- Acres0.1008
- FoundationRaised
- Cost850000
- Square Feet2088
- Year Built1928
- Bedrooms6
- Stories1
Location
Legal
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Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Nicole Apostolos (#CLW-X95361)
Listing Office: Equity Union (#CLW-X7252104)
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