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1139 68th Street
Los Angeles, CA 90001
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.
PROPERTY INFORMATION
| MLS # | 24413743 | Lot Size | 4,997 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | N/A |
| Price | $ 1,100,000
Price Per SqFt: $ 355 |
DOM | 299 Days |
| Address | 1139 68th Street | Type | Residential Income |
| City | Los Angeles | Sq.Ft. | 3,096 Sq. Ft. |
| Postal Code | 90001 | Garage | N/A |
| County | Los Angeles | Year Built | 1927 |
| Bed / Bath | 0 / 0 | Parking | N/A |
| Built In | 1927 | Status | Active |
INTERIOR FEATURES
| Has Appliances | Yes |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Cooling | No |
| Cooling Information | None |
EXTERIOR FEATURES
WALKSCORE
Walk Score: 69 (Somewhat Walkable)
Transit Score: 63 (Good Transit)MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,173
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 07/10/2024 | Listed | $1,100,000 |
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Listing provided courtesy of Casey Lins, Kidder Mathews of California, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
