$850,000
For Sale

1159 E 64th Street

Los Angeles, CA 90001
2088 sqft | 6 beds | 0.10 acres | #24403669
Listing OfficeEquity Union
Browse 11 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

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!

  • Interior Details
      • Bedrooms6
  • Property Details
      • Stories1
    • Measurements
      • Acres0.1008
      • Square Feet2088
  • Construction Details
      • Property TypeMulti-Family
    • Condition
      • Year Built1928
    • Material information
      • FoundationRaised
  • Utilities / Energy Details
      • Sewer InformationSewerTapPaid
  • Community and Neighborhood Details
      • CountyLos Angeles
  • Financial Details
      • Original List Price$850,000
  • Other
      • MLS #24403669

Location

Gary ElminoufiReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

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6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
$0.00

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