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1130 E 64th Street

Los Angeles, CA 90001

– beds
– baths
– sqft
5,121 sqft lot
2008 build
– on site

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Completely rebuilt from the studs in 2008, 1130 E 64th St is a stunning value-add 6-unit apartment fit for any investor looking to capitalize on a growing submarket of Los Angeles. The property features new plumbing, electrical, roof and interiors. There are also new tankless water heaters, dual pane windows, stucco and exterior paint. The laundry units are also owned by the landlord. Located in a primarily residential neighborhood, 1130 E 64th brings an investor the opportunity to purchase a low-maintenance, cash flowing asset with over 35% upside in rents available. 1130 E 64th St is is located in the 90001 zip code and is priced at a 13.73 GRM and a 4.61% cap rate. 1130 E 64th St has a unit mix of (1) detached 3Bed/1Bath & (5) studio units. This property has the potential to operate at a 10.20% cap rate and 7.67 GRM once units are rented for market. The subject property is walking distance from many local restaurants and grocery markets. 1130 E 64th St is just 5 miles away from both USC and Sofi Stadium.

Listed By CRMLS_CA / Cameron Samimi / Lyon Stahl Investment Real Estate, Inc.

Last checked: Checking… • Last updated Sep 3, 2023 •

MLS# SB22157419 —

The Building

Year Built:

2008
Year Built Source:

Assessor
New Construction:

No
Building Area Total:

2388.00
Building Area Units:

Square Feet
Total Number Of Units:

6
# of Buildings:

2
Common Walls:

2+ Common Walls
# of Separate Gas Meters:

6
# of Separate Water Meters:

1
# of Separate Electric Meters:

6

Interior

Laundry:

Inside
Laundry:

1

Location

Directions:

Off Central Ave and Gage Ave
Latitude:

33.98136600
Longitude:

-118.25540700

The Property

Property Type:

Residential Income
Zoning:

LCR3*
Lot Features:

0-1 Unit/Acre
Lot Size Area:

5121.0000
Lot Size Acres:

0.1176
Lot Size SqFt:

5121.00
Lot Size Source:

Assessor
Property Attached:

1
Additional Parcels:

No
Land Lease:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

5329.00
Tax Tract:

5450
Tax Lot:

236

The Listing

Special Listing Conditions:

Standard
Parcel Number:

6010001009
Showings Begin:

2022-07-26

Utilities

Sewer:

Public Sewer
Water Source:

Public

The Community

Features:

Biking, Curbs, Dog Park, Golf, Park, Sidewalks, Urban
Pool:

None
Senior Community:

No
Private Pool:

No

Parking

Parking Spaces:

7.00

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Soundscore™

Provided by HowLoud

Max Internet Speed

Spectrum

Provided by BroadbandNow®

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Sale history

Date	Event	Source	Price	% Change
11/16/22 Nov 16, 2022	Sold	CRMLS_CA	$950,000	-2.6%
9/6/22 Sep 6, 2022	Sold Subject To Contingencies	CRMLS_CA	$975,000
7/26/22 Jul 26, 2022	Listed / Active	CRMLS_CA	$975,000

Multifamily Sold on 11/16/2022

$950,000

Listing provided by broker:

Cameron Samimi

Lyon Stahl Investment Real Estate, Inc.

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Listing Courtesy of: CRMLS_CA and Lyon Stahl Investment Real Estate, Inc.. Based on information from California Regional Multiple Listing Service, Inc. as of 19:53 on Apr 25.

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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

1130 E 64th Street

Los Angeles, CA 90001