1103 W 64th St presents an excellent opportunity to acquire a well-located 12-unit multifamily property in South Los Angeles. The property features a desirable unit mix consisting of (7) Studios, (4) 1 bedroom/1 bath units, and (1) 2 bedroom/1 bath unit, currently generating $18,684 in monthly rental income. The asset… Read More is currently operating at an 8.14% cap rate and 7.69 GRM, providing investors with strong in place cash flow and stable income. Priced at just $143,750 per unit and $301 per square foot, the offering presents an attractive basis relative to comparable multifamily properties in the area. The property is conveniently located in South Los Angeles, offering easy access to Downtown Los Angeles, USC, as well as major transportation corridors and key employment centers throughout the city. Read Less
Courtesy of Lyon Stahl Investment Real Estate, Inc. 310-425-9838
Listing Snapshot
Days Online
41
Last Updated
Property Type
Apartment
Beds
3
Square Ft.
5,716
Lot Size
0.15 Acres
Year Built
1930
MLS Number
SB26119705MR
30 Days Snapshot Of 90044
$530k
0%
(avg) sold price
0
-100%
homes sold
78
0%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
5,716 sq ft, Built in 1930, "Detached/No Common Walls"
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