1139 E 68th St, Los Angeles, CA 90001

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Sold Price
$735,000
List Price
$799,000
Closing Date
May 15, 2026
MLS#
25605823
Year Built
1927
Bathrooms
10
Living Sq. Ft
3,096
Lot Size
4,997
Days on Market
191
Property Type
Multifamily
Stories
1

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 $79,900 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 7.57 GRM on current rents (assuming market rents for the one vacant unit), with rental upside potential to a 5.12 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 3 units VACANT. Contact the listing broker for additional information.

Additional Information

Lot Description
Single Lot
Other Buildings
None
Heat
Other
Cooling
Other
Number of Cars in Garage
None

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Courtesy of Kidder Mathews of California, Inc., Casey Lins - CA DRE#01902650 Selling Office: .

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