1171-1175 64TH Street E

    Los Angeles (City), CA 90001
    • $750,000
    • STATUS: Active
    • ON SITE: 43 days
    • ID#: IN19207588
    UPDATED: 67 min ago
    $750,000
    • 0
      BEDS
    • 0.1
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 2,576
      SQFT
    • $291
      $/SQFT
    Type:
    Multi-Family
    Built:
    1926
    County:

    School Ratings & Info

    Description

    Jacob Lavian of Light Year Realty Inc. is pleased to present1171 E 64TH ST in the City of Los Angeles, a value add 4 unitMultifamily investment. RARE OPPORTUNITY to own (2) Duplexes on one lot - 4 UNITS TOTAL.This fourplex features 2,576 SF of building andis situated on 4,425 SF of land zoned R3.The buildings unit mix consist of (4) 1 Bedroom / 1 Bath units.Each unit is individually metered for electricity, and gas. Thesubject property is master metered for water.The subject property was constructed in 1926 containing two separatebuildings. Each building contains 2 units. The average unit size isapproximately 644 SF and each unit appears to be in excellentcondition. The units feature hardwood floors throughout the livingrooms and bedrooms and tile floors throughout the kitchens andbathrooms.The property is located near South East Los Angeles within theFlorence and Graham area. The property sits in a premium location,4.8 Miles from Downtown Los Angeles and under 7 Miles from theNew NFL Rams stadium in Inglewood. The central location givestenants easy access to a large variety of workplaces and access to thethe 110 and 105 Freeways.Property Taxes: $9000, Property Insurance: $2,000, Repairs & Maintenance: $500, Water: $1080, Landscaping: $600

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-13T18:32:22.56. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
    www.bestlahomefinder.com/homes/98484642

    1171-1175 64TH Street E Los Angeles (City), CA 90001

    • Price: $750,000
    • Status: Active
    • Updated: 67 min ago
    • ID#: IN19207588
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.1
    Acres
    2,576
    SQFT
    $291
    $/SQFT
    1926
    Built
    Neighborhood:
    C34 - Los Angeles Southwest
    County:
    Los Angeles
    Area:
    C34 - Los Angeles Southwest
    Property Description
    Jacob Lavian of Light Year Realty Inc. is pleased to present1171 E 64TH ST in the City of Los Angeles, a value add 4 unitMultifamily investment. RARE OPPORTUNITY to own (2) Duplexes on one lot - 4 UNITS TOTAL.This fourplex features 2,576 SF of building andis situated on 4,425 SF of land zoned R3.The buildings unit mix consist of (4) 1 Bedroom / 1 Bath units.Each unit is individually metered for electricity, and gas. Thesubject property is master metered for water.The subject property was constructed in 1926 containing two separatebuildings. Each building contains 2 units. The average unit size isapproximately 644 SF and each unit appears to be in excellentcondition. The units feature hardwood floors throughout the livingrooms and bedrooms and tile floors throughout the kitchens andbathrooms.The property is located near South East Los Angeles within theFlorence and Graham area. The property sits in a premium location,4.8 Miles from Downtown Los Angeles and under 7 Miles from theNew NFL Rams stadium in Inglewood. The central location givestenants easy access to a large variety of workplaces and access to thethe 110 and 105 Freeways.Property Taxes: $9000, Property Insurance: $2,000, Repairs & Maintenance: $500, Water: $1080, Landscaping: $600
    Exterior Features

    Garage Spaces 0.00 Lot Features LawnYard Lot Size Units Square Feet Parking Total 0.00 Pool Features None Pool Private YN No Property Attached YN Yes

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area 644 Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 1 Common Wall Flooring Wood Heating Wall Furnace Heating YN Yes Laundry Features None Levels One

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Community Features Sidewalks Country Us Electric Expense 0.00 Elevation Units Feet Fuel Expense 0.00 Gardener Expense 600.00 Gross Income 49500.00 Gross Scheduled Income 49500.00 Insurance Expense 2000.00 Land Lease YN No Laundry YN No Maintenance Expense 500.00 Net Operating Income 36320.00 New Construction YN No New Taxes Expense 9000.00 Number Of Separate Electric Meters 4 Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 4 Operating Expense 13180.00 Property Condition Updated/Remodeled Rent Control YN No Senior Community YN No Sewer NoneUnknown Special Listing Conditions Standard Tenant Pays All UtilitiesElectricityGasTrash Collection Total Actual Rent 4125.00 Total Expenses 13180.00 Trash Expense 0.00 Water Sewer Expense 1080.00 Water Source Public Year Built Source Public Records Zoning R3

    Listing provided courtesy of Jacob Lavian of Light Year Realty Inc


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-10-13T18:32:22.56. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Masters. Licensed in the State of California, USA.
     
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