1166 E 64th St - Apartments FOR SALE


Los Angeles, CA 90001- Florence-Graham
$895,000 USD
213-225-7223
1166 E 64th St, Los Angeles, CA for Sale
$895,000 USD
Apartments - FOR SALE
1/13
null | 7.33% Cap Rate

1166 E 64th St
Los Angeles, CA 90001
Florence-Graham


OVERVIEW

We are pleased to present 1166 E 64th St, a well-positioned 4-unit multifamily property in Los Angeles, offered at an attractive 7.33% CAP and 10.11 GRM on current rents, with value-add potential to reach an 11.49% CAP and 6.91 GRM. 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. The property consists of two separate structures a front triplex and a rear detached house totaling 1,952 rentable square feet on a 4,836 SF LCR3YY-zoned lot. Built in 1958 and 1923, respectively, the buildings feature a unit mix of 3 two-bedrooms and 1 one-bedroom, with two units already renovated. The site also includes both covered and uncovered on-site parking, enhancing tenant appeal. Contact the listing broker for additional information.

FOR SALE DETAILS

PRICE

$895,000 USD

PRICE/SF

$459 USD /SF

# OF UNITS

4

PRICE/UNIT

$223,750

CAP RATE

7.33%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

4 Units - 8.85 GRM - 8.40% CAP Rate

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1958

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.11 AC

LAND SF

4,836 SF

ZONING

LCR3YY

APN/PARCEL ID

6010-002-001

ASK ABOUT THIS PROPERTY

Casey LinsKidder MathewsMore Info
213-225-7223

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Casey LinsKidder MathewsMore Info
213-225-7223

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.