1139 E 68th St, Los Angeles, CA, 90001
Property Details
10
multi family
Description
Multi Family in Los Angeles, CA - Bedrooms: 0 - Bathrooms: 10 - Area: 3096 sqft - Year Built: 1927 - Lot: 4996 sqft
Listing Agent: Casey Lins Brokerage: Kidder Mathews of California, Inc.
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 $87,500 per unit! 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. Strategically positioned in one of the densest rental markets in Los Angeles, the property caters to hundreds of thousands of working-class tenants in the neighborhood that is easily accessible to a number of metro bus stops. The building currently operates at a 8.78 GRM on current rents (assuming market rents for the one vacant unit), with rental upside potential to a 5.74 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 1 unit VACANT. Contact the listing broker for additional information.
Location
Address
1139 E 68th St, Los Angeles, CA, 90001
City
Los Angeles
Features and Finishes
Bedrooms: 0, Total Bathrooms: 10, Full Bathrooms: 10, Lot Description: Single Lot, Lot Size Acres: 0.1147, Lot Size Source: Assessor, Lot Size Square Feet: 4997, Number of Buildings: 1, Number of Units: 10, Unit Type: Apartment, Bedrooms in Unit-1: 0, Bedrooms in Unit-2: 0, Bedrooms in Unit-3: 0, Bedrooms in Unit-4: 0, Bedrooms in Unit-5: 0, Bedrooms in Unit-6: 0, Bedrooms in Unit-7: 0, Bedrooms in Unit-8: 0, Bedrooms in Unit-9: 0, Bedrooms in Unit-10: 0, Total Bathrooms in Unit-1: 1, Total Bathrooms in Unit-2: 1, Total Bathrooms in Unit-3: 1, Total Bathrooms in Unit-4: 1, Total Bathrooms in Unit-5: 1, Total Bathrooms in Unit-6: 1, Total Bathrooms in Unit-7: 1, Total Bathrooms in Unit-8: 1, Total Bathrooms in Unit-9: 1, Total Bathrooms in Unit-10: 1, Full Bathrooms in Unit-1: 1, Full Bathrooms in Unit-2: 1, Full Bathrooms in Unit-3: 1, Full Bathrooms in Unit-4: 1, Full Bathrooms in Unit-5: 1, Full Bathrooms in Unit-6: 1, Full Bathrooms in Unit-7: 1, Full Bathrooms in Unit-8: 1, Full Ba
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