1159 E 64Th Street, Los Angeles, CA 90001

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Property 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!


Interior Features

Laundry Information
Location(s) None
Bedroom Information
Bedrooms 6
Bathroom Information
Bathrooms 4
Interior Information
Cooling Type None

Listing Information

Address 1159 E 64Th Street
City Los Angeles
State CA
Zip 90001
County Los Angeles
Listing Agent Nicole Apostolos DRE #01464936
Co-Listing Agent Dana Coronado DRE #01746702
Courtesy Of Equity Union
List Price $850,000
Status Active
Type Residential Income
Structure Size 2,088
Lot Size 4,392
Year Built 1928

Listing information courtesy of: Nicole Apostolos, Dana Coronado, Equity Union. *Based on information from the Association of REALTORS/Multiple Listing as of Jun 25th, 2024 at 12:08 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.