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$ 1,895,000
Est. payment | /mo
4 Beds
12 Baths
5,716 SqFt
$ 1,895,000
Est. payment | /mo
4 Beds
12 Baths
5,716 SqFt
Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 5,716 sqft
Price per Sqft $331
MLS Listing ID 25587291
Bedrooms 4
HOA Y/N No
Year Built 1930
Lot Size 6,712 Sqft
Property Description
1103 W 64th St | 12 Units in South Los Angeles. 1930 multifamily property on a 6,709 SF LAR2 lot with 5,716 SF of building area; efficient mix of (7) studios, (4) one-bed / one-bath, and (1) two-bed / one-bath units. Fully occupied with in-place cash flow and ~27% rental upside through light-to-moderate renovations, RUBS implementation, and ancillary income streams. ADU feasibility and garage conversion potential provide long-term expansion opportunities. Attractive ~$158K per unit basis with a 7.73% current cap and 10.86% pro forma; strong transit access via Vermont Ave and Metro K Line supports consistent tenant demand and long-term stability in a resilient South LA submarket.
Location
State CA
County Los Angeles
Area C34 - Los Angeles Southwest
Zoning LAR2
Interior
Heating None
Cooling None
Fireplace No
Exterior
Parking Features One Space
Building
Story 2
Entry Level Multi/Split
Level or Stories Multi/Split
New Construction No
Others
Senior Community No
Tax ID 6003032017
Special Listing Condition Standard
Listed by Taylor Avakian Lyon Stahl Investment Real Estate, Inc.
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Mitch Stein
Partner | Lic# DRE# 02081632