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1135 E 67Th St, Los Angeles, CA 90001
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1135 E 67Th St Los Angeles, CA 90001

$980,000
  • 6 Beds
  • 5 Baths
  • 2,500 Sq.Ft.
For Sale
$980,000 Get Pre-Qualified
Map preview of 1135 E 67Th St, Los Angeles, CA 90001

Property Overview: 1135 E 67Th St Los Angeles, CA has 6 bedrooms, 5 bathrooms, 2,500 living square feet and 4,743 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: **Seller Financing available: 5% Interest Only for 5 Years 70% LTV.** CBRE is pleased to exclusively offer for sale 1135 E 67th Street, a value add 5-unit apartment building built in 1926. The property boasts a favorable unit mix of well maintained four (4) one-bedroom, one-bathroom units and one (1) two-bedroom, one-bathroom unit. 1135 E 67th Street is a prime investment opportunity with significant value add potential, 40% rental upside as well as ADU potential (buyer must verify). The property is situated in the growing Florence-Graham submarket and is just a few miles away from both USC and SoFi Stadium, as well as walking distance to many restaurants, retail outlets, and metro stations.

Listed by John Boyett | BRE #02056759 | CBRE
Co-listed by Jacob Kesherim | BRE #01928381 | Keller Williams Beverly Hills
Last checked: 9 minutes ago | Last updated: February 28th, 2024 | Source CRMLS | DOM: 97
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Home details

Lot Sq. Ft
4,743
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24346809
City
Los Angeles
County
Los Angeles
Time on Site
110 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 5
  • Total # of Buildings: 4
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,224
  • Total Rent: $4,896
  • Pro Forma/Market Rent: $1,700
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,919
  • Total Rent: $1,919
  • Pro Forma/Market Rent: $2,400
Multi-Family Income/Expense Information
Property Income and Analysis
  • Cap Rate: 5.57%
  • Gross Rent Multiplier: 11.98
  • Gross Scheduled Income: --
  • Net Operating Income: $54,559
  • Gross Operating Income: $79,320
Annual Expense Breakdown
  • Total Operating Expense: --

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Property Details for 1135 E 67Th St

Interior Features
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Other Structures: Shed(s)
Lot Details / Garage and Parking
Parking/Garage Information
  • Has Parking
  • Parking Features: Public
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 5
  • Parcel Number: 6010005026
  • Year Built Source: Assessor
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Assessment Information
  • No Assessments
Location / Neighborhood
Location Information
  • Directions: Off of Central and 67th Street
View more facts & features

Local Los Angeles Agent

Sale History for 1135 E 67Th St

Last sold for $219,000 on October 30th, 2009

  • January, 2024

  • Jan 11, 2024

    Date

    Active

    CRMLS: 24346809

    $980,000

    Price

  • November, 2022

  • Nov 2, 2022

    Date

    Expired

    CRMLS: 21798786

    $950,000

    Price

  • Oct 25, 2021

    Date

    Active

    CRMLS: 21798786

    $925,000

    Price

  • Listing provided courtesy of CRMLS

    Exclusively listed for sale a 5 unit bungalow style apartment complex. Located in the heart of the County of Los Angeles. Since the property is located in the County of Los Angeles it is not subject to the city of Los Angeles rent control laws. Annual rental increases in LA County are capped at 5 percent plus the change in the regional Consumer Price Index (CPI). Comprised of four specious one bedroom + one bathroom units and one two bedroom + one bath unit. ADU Opportunity as well! This property is separately metered for gas and electricity. The Landlord is responsible to pay for water only. Centrally located to schools, restaurants, and mass transit. This property is only ~1 mile away from the Metro A line Florence light rail station.

  • June, 2021

  • Jun 25, 2021

    Date

    Active

    CRMLS: 21749474

    $1,097,000

    Price

  • Listing provided courtesy of CRMLS

    BRC Advisors is proud to exclusively list for sale a 5 unit bungalow style apartment complex. Located in the heart of the County of Los Angeles. This property is not subject to the city of Los Angeles rent control laws. Comprised of four specious one bedroom + one bathroom units and one two bedroom + one bath unit. This property is separately metered for gas and electricity. The Landlord is responsible to pay for water only. Centrally located to schools, restaurants, and mass transit. This property is only ~1 mile away from the Metro A line Florence light rail station.

  • October, 2009

  • Oct 30, 2009

    Date

    Sold (Public Records)

    Public Records

    $219,000

    Price

  • November, 2008

  • Nov 10, 2008

    Date

    Sold (Public Records)

    Public Records

    $258,750

    Price

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Tax History for 1135 E 67Th St

Assessed Value (2020): $310,998
Year Land Value Improved Value Assessed Value
2020 $126,640 $184,358 $310,998

Home Value Compared to the Market

This property vs the competition

1135 E 67Th St is listed 20.71% lower than the median list price for the city of Los Angeles which has a median list price of $1,236,000. The median price per/sqft for Los Angeles is $773 and this home is listed at $392 per/sqft which puts the price per square foot 49.29% lower than the median price per square foot for the city of Los Angeles.

About 1135 E 67Th St

Detailed summary of property

1135 E 67Th St is a multi family located in Los Angeles, CA 90001 and is currently for sale. This multi family property offers 6 bedrooms, 5 bathrooms, roughly 2,500 living square feet, and sits on an approximately 4,743 square foot lot. 1135 E 67Th St was first listed on ArdentRealEstateGroup.com on January 12, 2024. The homeowner is currently asking $980,000. The median priced home in Los Angeles is $1,236,000 with a median price per square foot of $773. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 20.71% lower than the median priced home. Local competing homes currently for sale include 348 E 68th St, 1700 E 62nd St and 1128 E 82nd St. While the average home in Los Angeles, CA is selling in 96 days, 1135 E 67Th St has a days on market of 97 days. There are currently 3487 homes for sale in the Los Angeles real estate market and 2373 of them are single family homes while 1015 of them are condos and 93 are townhomes. For more information on this home for sale at 1135 E 67Th St Los Angeles, CA 90001 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 1135 E 67Th St

Public county record property details
Beds
5
Baths
5
Year built
1926
Sq. Ft.
1,952
Lot Size
4,742
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
396
APN
6010-005-026

The source for these homes facts are from public records.

90001 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$589,999
Median List Price/Sq.Ft.
$540
Median Sold Price
$575,000
Median Sold Price/Sq.Ft.
$506
Total Inventory
31
Median Sale to List Price %
100%
Avg Days on Market
49
Loan Type
Conventional (28.57%), FHA (28.57%), VA (0%), Cash (14.29%), Other (14.29%)

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Recently Sold Homes Near 1135 E 67Th St

1127 E 67th St, Los Angeles, CA 90001
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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