1139 E 68Th Street, Los Angeles, CA 90001
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Listed Price :
$1,100,000
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Beds :
0
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Baths :
10
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Property Size :
3,096 sqft
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Year Built :
1927
Property Description
We are pleased to present a 10-unit apartment community located on 1139 E 68th St in the heart of Los Angeles for an extremely low $110,000 per unit and 2 units delivered VACANT! The property is located in close proximity to the 110 and 105 freeways as well as neighboring cities such as Huntington Park, Walnut Park, and South Gate. The building currently operates at a 11.10 GRM on current rents (assuming market rents for the 2 vacant units), with rental upside potential to a 6.57 GRM on pro forma rents. The property consists of a one, single-story structure built in 1927 that has undergone a number of improvements in recent years, such as a new roof, copper plumbing, new sewer line, and exterior paint. The unit mix is comprised of ten studio units, with 2 units VACANT.
Interior Features
| Bathroom Information |
| Bathrooms |
10 |
| Interior Information |
| Cooling Type |
None |
Listing Information
| Address |
1139 E 68Th Street |
| City |
Los Angeles |
| State |
CA |
| Zip |
90001 |
| County |
Los Angeles |
| Listing Agent |
Casey Lins DRE #01902650 |
| Courtesy Of |
Kidder Mathews of California, Inc. |
| List Price |
$1,100,000 |
| Status |
Active |
| Type |
Residential Income |
| Structure Size |
3,096 |
| Lot Size |
4,997 |
| Year Built |
1927 |
Listing information courtesy of: Casey Lins, Kidder Mathews of California, Inc.. *Based on information from the Association of REALTORS/Multiple Listing as of Aug 13th, 2024 at 7:52 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.
