1159 E 64th Street

Los Angeles , CA 90001

MLS#: 25574899

$825,000

Status: Active
Listing number: 25574899
Listing provided by: Kidder Mathews of California, Inc.
Listing agent phone: None
Last update: 16 hours ago
New on site 1 day ago
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Property

Beds

6

Full Baths

None

1/2 Baths

None

Year Built

1928

Sq.Footage

2,088

We are pleased to present 1159 E 64th St, a well-positioned 4-unit multifamily property in Los Angeles, offered at an attractive 6.45% CAP and 11.14 GRM on current rents, with value-add potential to reach an 9.89% CAP and 7.81 GRM. The property consists of one single story structure totaling 2,088 rentable square feet on a 4,392 SF LCR3YY-zoned lot. Built in 1928, the building features a unit mix of two (2) two-bedroom units and two (2) one-bedroom units. The site also includes street access on both sides of the property from E Gage Avenue and 6th Street. Located just east of the 110 Freeway, the property offers easy access to the Florence and Slauson Light Rail Stations, multiple Metro lines, and nearby neighborhoods including Huntington Park, Walnut Park, South Gate, and Maywood. It's also conveniently situated near Edison Middle School, Public Service Community High School, and Mary M. Bethune Park. For additional information contact the listing broker.

Features & Amenities

Interior

  • Total Bedrooms

    6

  • Bathrooms

    N/A

Exterior

  • Garage

    No

  • Parking

    None

  • Pool

    No

Area & Lot

  • Lot Size(acres)

    0.1008

  • Property Type

    Residential Income

Price

  • Sales Price

    $825,000

  • Sq. Footage

    2, 088

  • Price/SqFt

    $395

HOA

  • Association

    NO

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Senior Community YN

    NO

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Location

County

Los Angeles

Elementary School

Middle School

High School

Listing Courtesy of Casey Lins , Kidder Mathews of California, Inc.

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We are pleased to present 1159 E 64th St, a well-positioned 4-unit multifamily property in Los Angeles, offered at an attractive 6.45% CAP and 11.14 GRM on current rents, with value-add potential to reach an 9.89% CAP and 7.81 GRM. The property consists of one single story structure totaling 2,088 rentable square feet on a 4,392 SF LCR3YY-zoned lot. Built in 1928, the building features a unit mix of two (2) two-bedroom units and two (2) one-bedroom units. The site also includes street access on both sides of the property from E Gage Avenue and 6th Street. Located just east of the 110 Freeway, the property offers easy access to the Florence and Slauson Light Rail Stations, multiple Metro lines, and nearby neighborhoods including Huntington Park, Walnut Park, South Gate, and Maywood. It's also conveniently situated near Edison Middle School, Public Service Community High School, and Mary M. Bethune Park. For additional information contact the listing broker.

1159 E 64th Street

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