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1171 E 64Th St, Los Angeles, CA 90001
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1171 E 64Th St Los Angeles, CA 90001

$668,500 Sold Price as of 11/08/2021
  • 4 Beds
  • 4 Baths
  • 2,576 Sq.Ft.
Sold
$668,500 Sold Price as of 11/08/2021 Refinance Your Mortgage
Map preview of 1171 E 64Th St, Los Angeles, CA 90001

Property Overview: 1171 E 64Th St Los Angeles, CA has 4 bedrooms, 4 bathrooms, 2,576 living square feet and 4,425 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Attention all buyers!! Welcome to this great opportunity to own an amazing investment opportunity in the UNINCORPORATED part of Los Angeles! This property offers four spacious units each containing one bedroom and one bathroom! Each unit has had recent upgrades and are in excellent condition! Centrally located in a highly desirable rental area, this property will immediately produce you great cash flow! The property consists of two separate buildings, a gated lot, great storage room, and amazing tenants! This property is the perfect investment for a first time buyer, 1031 exchange buyer, or anyone looking to expand their portfolio! Do not hesitate! Make an offer today!

Listed by Alberto Sanchez | BRE #02028262 | Century 21 A Better Service
Last checked: 11 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 32

Home details

Lot Sq. Ft
4,425
HOA Dues
$0/mo
Year built
1926
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
DW21152236
City
Los Angeles
County
Los Angeles
Time on Site
1084 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Electric Meters: 4
  • # of Gas Meters: 4
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $1,100
  • Total Rent: $1,100
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $1,050
  • Total Rent: $1,050
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $1,030
  • Total Rent: $1,030
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $1,033
  • Total Rent: $1,033
  • Pro Forma/Market Rent: $1,500
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $50,556
  • Net Operating Income: $48,216
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $2,340
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Gardener: $720
  • Insurance: $0
  • Water/Sewer: $1,620

Property Details for 1171 E 64Th St

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Front Yard, Lawn
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 6008016012
  • Year Built Source: Assessor
  • Property is not Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Off of Gage Ave & Hooper Ave.
Neighborhood Information
  • Community Features: Sidewalks, Street Lights
View more facts & features

Local Los Angeles Agent

Sale History for 1171 E 64Th St

Last sold for $668,500 on November 8th, 2021

  • July, 2021

  • Jul 13, 2021

    Date

    Active

    CRMLS: DW21152236

    $685,000

    Price

  • September, 2020

  • Sep 2, 2020

    Date

    Expired

    CRMLS: IN19207588

    $720,000

    Price

  • Aug 14, 2020

    Date

    Withdrawn

    CRMLS: IN19207588

    $720,000

    Price

  • Nov 14, 2019

    Date

    Price Change

    CRMLS: IN19207588

    $720,000

    Price

  • Aug 30, 2019

    Date

    Active

    CRMLS: IN19207588

    $750,000

    Price

  • Listing provided courtesy of CRMLS

    Jacob Lavian of Light Year Realty Inc. is pleased to present 1171 E 64TH ST in the City of Los Angeles, a value add 4 unit Multifamily investment. RARE OPPORTUNITY to own (2) Duplexes on one lot - 4 UNITS TOTAL.This fourplex features 2,576 SF of building and is situated on 4,425 SF of land zoned R3. The building unit mix consists of (4) 1 Bedroom / 1 Bath units. Each unit is individually metered for electricity and gas. The subject property is master metered for water. The subject property was constructed in 1926 containing two separate buildings. Each building contains 2 units. The average unit size is approximately 644 SF and each unit appears to be in excellent condition. The units feature hardwood floors throughout the living rooms and bedrooms and tile floors throughout the kitchens and bathrooms. (OVER 6.5% CAP WITH MARKET RENTS! AND OVER 5% CAP WITH CURRENT RENTS) The property is located near South East Los Angeles within the Florence and Graham area. The property sits in a premium location, 4.8 Miles from Downtown Los Angeles and under 7 Miles from the New NFL Rams stadium in Inglewood. The central location gives tenants easy access to a large variety of workplaces and access to the the 110 and 105 Freeways. Property Taxes: $9000, Property Insurance: $2,000, Repairs & Maintenance: $500, Water: $1080, Landscaping: $600

  • August, 2005

  • Aug 25, 2005

    Date

    Sold (Public Records)

    Public Records

    $450,000

    Price

  • October, 2004

  • Oct 4, 2004

    Date

    Sold (Public Records)

    Public Records

    $350,000

    Price

Show More

Tax History for 1171 E 64Th St

Assessed Value (2020): $562,293
Year Land Value Improved Value Assessed Value
2020 $274,899 $287,394 $562,293

Home Value Compared to the Market

This property vs the competition

1171 E 64Th St sold on November 8, 2021 for 39.38% lower than the current median sold price for the city of Los Angeles which is $1,130,000. The median sold price per/sqft for Los Angeles is $754 and this home is sold at $265.92 per/sqft which puts the price per square foot 64.73% lower than the current median sale per square foot for the city of Los Angeles.

About 1171 E 64Th St

Detailed summary of property

1171 E 64Th St is a multi family that recently sold in Los Angeles, CA 90001. This multi family property offered 4 bedrooms, 4 bathrooms, roughly 2,576 living square feet, and sits on an approximately 4,425 square foot lot. 1171 E 64Th St was first listed on ArdentRealEstateGroup.com on July 13, 2021. The homeowner sold the property for $668,500. Home in Los Angeles are selling for a median price of $1,130,000 and a median price per square foot of $754. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 39.38% lower than the current median priced home. Local homes that are currently for sale include 8405 Mckinley Ave, 1170 E 46th St and 5123 S San Pedro. While the average home in Los Angeles, CA is selling in 99 days, 1171 E 64Th St has a days on market of 32 days. There are currently 3982 homes for sale in the Los Angeles real estate market and 2673 of them are single family homes while 1195 of them are condos and 107 are townhomes. For more information on this home for sale at 1171 E 64Th 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 1171 E 64Th St

Public county record property details
Beds
4
Baths
4
Year built
1926
Sq. Ft.
2,576
Lot Size
4,425
Stories
--
Type
Quadruplex (4 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
219
APN
6008-016-012

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
$600,000
Median List Price/Sq.Ft.
$567
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$474
Total Inventory
29
Median Sale to List Price %
103.08%
Avg Days on Market
36
Loan Type
Conventional (37.5%), FHA (62.5%), VA (0%), Cash (0%), Other (0%)

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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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