REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,150,000
Est. payment | /mo
10 Beds
6 Baths
6,690 Sqft Lot
$ 1,150,000
Est. payment | /mo
10 Beds
6 Baths
6,690 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID SB26201104
Bedrooms 10
Lot Size 6,690 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
162 W 65th St offers a rare opportunity to purchase a four-unit property in a strong pocket of South Los Angeles, with 1 unit delivered vacant. The property features a great mix of units, including a VACANT and newly constructed 3 Bed/2 Bath unit, along with three additional units consisting of (1) large 4 Bed/2 Bath front house, (1) 1 Bed/1 Bath and (1) 2 Bed/1 Bath Units. The variety of unit mixes and 4 on-site parking spaces in the back of the property makes it attractive to a wide range of renters. Built in 1941, the property totals approximately 3,312 SF on a 6,690 SF lot ($347/SF). Based on market rents, the property has the potential to generate nearly $12,000 per month in gross income, making it a strong opportunity for an investor seeking solid cash flow. Priced at $1,150,000, the property is is currently operating at a 9.17% Cap Rate and 8.19 GRM, with upside potential. 162 W 65th St is well positioned in Los Angeles, CA 90003, close to major employment centers, retail corridors and transit, in a rental market characterized by consistent demand and long-term appreciation.
Location
State CA
County Los Angeles
Zoning Assessor
Direction west of Broadway and east of Figueroa Street
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 6012001033
Acceptable Financing Cash, Conventional, Land Contract
Listing Terms Cash, Conventional, Land Contract
Listed by Aaron Jacobson, DRE#02100737 Lyon Stahl Investment Real Estate, Inc.
Co-listed byBrandon Maghen • Lyon Stahl Investment Real Estate, Inc.
Co-listed byBrandon Maghen • Lyon Stahl Investment Real Estate, Inc.
Schools and Properties Nearby
Find out why customers are choosing LPT Realty to meet their real estate needs
Learn More About LPT Realty