$960,000

1139 E 68th Street, Los Angeles, CA 90001

  • 3,096 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1927
  • Property Lot Size Icon4,792sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $310/sqft
  • Property List Date Icon Listed 26 days ago

Property Description

We are pleased to present a 10-unit apartment community located on 1139 E 68th St in the heart of Los Angeles for an extremely low $96,000 per unit! The property is located in close proximity to the 110 and 105 freeways as well as neighboring cities such as Huntington Park, Walnut Park, and South Gate. Strategically positioned in one of the densest rental markets in Los Angeles, the property caters to hundreds of thousands of working-class tenants in the neighborhood that is easily accessible to a number of metro bus stops. The building currently operates at a 9.42 GRM on current rents (assuming market rents for the one vacant unit), with rental upside potential to a 6.15 GRM on pro forma rents. The property consists of a one, single-story structure built in 1927 that has undergone a number of improvements in recent years, such as a new roof, copper plumbing, new sewer line, and exterior paint. The unit mix is comprised of ten studio units, with 1 unit VACANT. Contact the listing broker for additional information.

Listing Status:
Active
Date Added:
October 14, 2025 at 05:00AM
Listing Office:
Kidder Mathews of California, Inc. : 858-369-3010
Listing Agent:
Casey Lins : 714-333-6768
MLS ID:
CL25605823
  • Parking: None
  • County: Los Angeles
  • Zoning: LCR36010007022

This listing courtesy of Casey Lins, Kidder Mathews of California, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Miramonte Elementary School

1400 E 68th St, Los Angeles, CA, 90001

Grades KG-5

0.30 miles away

T

Thomas Alva Edison Middle School

6500 Hooper Ave, Los Angeles, CA, 90001

Grades 6-8

0.24 miles away

P

Public Service Community High School - Diego Rivera Learning Complex

6100 S Central Ave, Los Angeles, CA, 90001

Grades 9-12

0.35 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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