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$1,625,000

FOR SALE
Active

1103 W 64th Street

Los Angeles, CA

MLS# SB26230995

Apartment
4 days on marketNalren refreshed

Listing Agent

Aaron Jacobson

Listing Agent

Lyon Stahl Investment Real Estate, Inc.

DRE #: 02100737

(310) 729-1559

Brokerage: Lyon Stahl Investment Real Estate, Inc.

William James

Co-Listing Agent

Lyon Stahl Investment Real Estate, Inc.

DRE #: 01734419

Brokerage: Lyon Stahl Investment Real Estate, Inc.

Property Details

N/A

Bedrooms

N/A

Bathrooms

N/A

Square Feet

1930

Year Built

6,709 sqft

Lot Size

N/A

Price/Sq Ft

6

Garage Spaces

N/A

HOA

Apartment

Property Type

Description

8.44% CAP RATE & 7.40 GRM!! 1103 W 64th St is a 12-unit multifamily investment opportunity in Los Angeles, offered at $1,625,000 ($135,417/unit), reflecting a 8.44% current cap rate and a 7.40 GRM. Pro forma rents reflect a 11.71% increase in scheduled income, highlighting meaningful value-add upside. Built in 1930, the property totals approximately 5,716 SF on a 6,709 SF lot ($284/SF). The property features a unit mix of (7) Studio, (4) 1- Bed/1-Bath, (1) 2-Bed/1-Bath, with 6 on-site parking spaces. 1103 W 64th St is well positioned in Los Angeles, CA 90044, close to major employment centers, retail corridors and transit, in a rental market characterized by consistent demand and long-term appreciation.

Facts & Features

Interior

Laundry Features
None

Exterior

Private Pool
No
Lot Features
0–1 Acre Lot

Building

Year Built
1930
Building Area Total
5,716
Stories Total
2

Utilities

Sewer
Public Sewer
Water Source
Public

Parking

Garage Spaces
6
Parking Total
6

Sale history for 1103 W 64TH Street

  • Sold $915,000 in October 2015 · MLS #15934825 · Source: CRMLS

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