$850,000
Active MLS # 24403669 | Listed by Nicole Apostolos with Equity Union
Active MLS # 24403669 | Listed by Nicole Apostolos with Equity Union
1159 E 64th Street is a $850,000, 2,088 square foot, 6 bedroom, 4.0 bath home on a 0.10 acre lot located in Los Angeles, CA.
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!
Basement | Raised |
Appliances | Gas Oven |
Interior Features | None |
Fireplace Types | None |
Cooling Types | None |
Heating Types | Wall Furnace Heating - Yes |
Parking Types | None |
Exterior Features | None East None None Carbon Monoxide Detectors Smoke Detectors None Standard Rent Control - Yes |
Views | None |
Roof | Composition Shingle |
Construction Types | Stucco |
Sewer | Sewer Tap Paid |
Attribution Contact | 818-989-2000 |
Financial Terms | Electricity Gas Trash Collection |
Property Type | Residential Income |
Style | One Full Service |
Year Built | 1928 |
HOA Fee | $0.00 |
Taxes | $0.00 |
County | los angeles |
Neighborhood |
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