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1139 E 68Th St, Los Angeles, CA 90001
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1139 E 68Th St Los Angeles, CA 90001

$1,100,000
  • 0 Beds
  • 10 Baths
  • 3,096 Sq.Ft.
For Sale
$1,100,000 Get Pre-Qualified
Map preview of 1139 E 68Th St, Los Angeles, CA 90001

Property Overview: 1139 E 68Th St Los Angeles, CA has -- bedrooms, 10 bathrooms, 3,096 living square feet and 4,997 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: 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 $110,000 per unit and 2 units delivered VACANT! 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. The building currently operates at a 11.10 GRM on current rents (assuming market rents for the 2 vacant units), with rental upside potential to a 6.57 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 2 units VACANT.

Listed by Casey Lins | BRE #01902650 | Kidder Mathews of California, Inc.
Last checked: 13 minutes ago | Last updated: July 18th, 2024 | Source CRMLS | DOM: 65
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Home details

Lot Sq. Ft
4,997
HOA Dues
$0/mo
Year built
1927
Garage
--
Property Type:
Multi Family
Status
Active
MLS#
24413743
City
Los Angeles
County
Los Angeles
Time on Site
70 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 10
  • Total # of Buildings: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $745
  • Total Rent: $745
  • Pro Forma/Market Rent: $1,395
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,082
  • Total Rent: $1,082
  • Pro Forma/Market Rent: $1,395
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $745
  • Total Rent: $745
  • Pro Forma/Market Rent: $1,395
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,295
  • Total Rent: $1,295
  • Pro Forma/Market Rent: $1,395
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $288
  • Total Rent: $288
  • Pro Forma/Market Rent: $1,395
Unit Breakdown 6
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $469
  • Total Rent: $469
  • Pro Forma/Market Rent: $1,395
Unit Breakdown 7
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $717
  • Total Rent: $717
  • Pro Forma/Market Rent: $1,395
Unit Breakdown 8
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,295
  • Total Rent: $1,295
  • Pro Forma/Market Rent: $1,395
Unit Breakdown 9
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $690
  • Total Rent: $690
  • Pro Forma/Market Rent: $1,395
Unit Breakdown 10
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $937
  • Total Rent: $937
  • Pro Forma/Market Rent: $1,395
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 11.1
  • Gross Scheduled Income: --
  • Net Operating Income: $53,236
  • Gross Operating Income: $99,143
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 1139 E 68Th St

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Property Details for 1139 E 68Th St

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • Has Heating
  • Wall Furnace
Kitchen Information
  • Has Appliances
Interior Features
  • Levels: One
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Lot Information
  • Lot Size Source: Assessor
Property Information
  • Total # of Units: 10
  • Parcel Number: 6010007022
  • 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: Google Maps: 1139 E 68th St, Los Angeles, CA 90001
View more facts & features

Local Los Angeles Agent

Sale History for 1139 E 68Th St

Last sold on January 22nd, 2019

  • July, 2024

  • Jul 10, 2024

    Date

    Active

    CRMLS: 24413743

    $1,100,000

    Price

  • June, 2022

  • Jun 23, 2022

    Date

    Canceled

    CRMLS: 22140339

    $1,300

    Price

  • Mar 26, 2022

    Date

    Active

    CRMLS: 22140339

    $1,550

    Price

  • Listing provided courtesy of CRMLS

    Studio apartment located near the 10 freeway about 15 min from downtown LA. Perfect for Students and singles. No Pets Allowed.

  • March, 2019

  • Mar 19, 2019

    Date

    Canceled

    CRMLS: SB19038118

    $875

    Price

  • Mar 14, 2019

    Date

    Withdrawn

    CRMLS: SB19038118

    $875

    Price

  • Mar 5, 2019

    Date

    Price Change

    CRMLS: SB19038118

    $875

    Price

  • Feb 19, 2019

    Date

    Active

    CRMLS: SB19038118

    $950

    Price

  • Listing provided courtesy of CRMLS

    Come check out this cute studio Los Angeles! This bright unit features fresh NEW paint, NEW wood like floors, many windows, and storage space. The kitchen features handsome cabinets and quartz counter tops. This property is located near the 110 & 10 freeway, STAPLES Center, Natural History Museum of Los Angeles, Exposition Park Rose Garden, Diego Rivera Learning Complex, Edison Middle School, Miramonte Elementary School, Linda Esperanza Marquez High School, and more! Schedule a showing today!

  • January, 2019

  • Jan 22, 2019

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 1139 E 68Th St

Assessed Value (2020): $1,318,860
Year Land Value Improved Value Assessed Value
2020 $306,000 $1,012,860 $1,318,860

Home Value Compared to the Market

This property vs the competition

1139 E 68Th St is listed 8.33% lower than the median list price for the city of Los Angeles which has a median list price of $1,200,000. The median price per/sqft for Los Angeles is $768 and this home is listed at $355.3 per/sqft which puts the price per square foot 53.74% lower than the median price per square foot for the city of Los Angeles.

About 1139 E 68Th St

Detailed summary of property

1139 E 68Th St is a multi family located in Los Angeles, CA 90001 and is currently for sale. This multi family property offers -- bedrooms, 10 bathrooms, roughly 3,096 living square feet, and sits on an approximately 4,997 square foot lot. 1139 E 68Th St was first listed on ArdentRealEstateGroup.com on July 10, 2024. The homeowner is currently asking $1,100,000. The median priced home in Los Angeles is $1,200,000 with a median price per square foot of $768. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is listed 8.33% lower than the median priced home. Local competing homes currently for sale include 8018 Avalon Blvd, 243 E 68th St and 8315 Miramonte Blvd. While the average home in Los Angeles, CA is selling in 106 days, 1139 E 68Th St has a days on market of 65 days. There are currently 4052 homes for sale in the Los Angeles real estate market and 2782 of them are single family homes while 1148 of them are condos and 116 are townhomes. For more information on this home for sale at 1139 E 68Th 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 1139 E 68Th St

Public county record property details
Beds
10
Baths
10
Year built
1927
Sq. Ft.
3,096
Lot Size
4,995
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
449
APN
6010-007-022

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
$589,000
Median List Price/Sq.Ft.
$568
Median Sold Price
$640,000
Median Sold Price/Sq.Ft.
$549
Total Inventory
31
Median Sale to List Price %
106.68%
Avg Days on Market
19
Loan Type
Conventional (25%), FHA (50%), VA (0%), Cash (16.67%), Other (8.33%)

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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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