1139 East 68th Street
$1,100,000
—
10
3,096
3,096
$355
Description
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...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.
- Listed by Casey Lins • DRE #01902650 • Brokerage DRE #01001040 • Kidder Mathews of California, Inc.
Property Details for 1139 East 68th Street
Zoning
LCR3*
Parcel Number6010007022
Total Units10.0
Living Area3096
Source Living AreaAssessor
AreaDowntown L.A. (C42)
Vacancy Rate3%
Lot Size Area4997
LISTING UPDATED: 07/18/2024 12:01 AM
Property Details for 1139 East 68th Street
Status | Active |
---|---|
MLS # | 24-413743 |
Days on Market | 164 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1927 |
Lot Size | 0.11 AC / 4,997 SF |
County | Los Angeles County |
Building Information for 1139 East 68th Street
Stories-Residences-Year Built1927Building Size-Lot Size0.11 AC / 4,997 SF
Property Information for 1139 East 68th Street
Property History for 1139 East 68th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 1139 East 68th Street
Taxable ValueLand$328,093Additions$1,085,989Total$1,414,082
Tax Record2024$21,738 ($1,812 / month)
Home Facts
Total Finished SqFt3,096 SqFtAbove Grade Finished SqFt3,096 SqFtLot Size4,995 SqFtStyleMulti-Family Res (5+ Units)Year Built1927ZoningLCR3*CountyLOS ANGELESAPN6010-007-022
Schools near 1139 East 68th Street
This home is within Los Angeles Unified School District.
Rating | School | Type | Grades | Distance |
---|---|---|---|---|
Public - | K to 5 | |||
Charter - | 6 to 8 | |||
Public - | 9 to 12 | |||
Public - | 9 to 12 |
Rating | School | Distance |
---|---|---|
Miramonte Elementary School PublicK to 5 | ||
Alliance Kory Hunter Middle Charter6 to 8 | ||
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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