Newer Duplex in South Los
For Sale
$999,000
116 E 68th St, Los Angeles, CA 90003
MULTI_FAMILY - Los Angeles, CA
Property Size2,784 SF
Lot Size0.12 Acres
Price / SF$358.84
Days on Market100
Property Features for 116 E 68th St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
LAR2
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bedroom 2, Bedroom 4, Bedroom 5, Bathroom 3, Bathroom 2, Bedroom 7, Bedroom 6, Bathroom 4, Bathroom 1, Bedroom 1, Bedroom 8
Parking features
Garage
Directions
110 to Slauson to main to 68th
Subdivision
Downtown L.A.
Standard status
Active
APN
6011-004-003
Size
2,784 SF
Lot size
0.12 Acres
Utilities
Heating system
Central
Amenities
on-site parking
Building Details
Year built
2010
Floors in Building
2
Number of units
2
Listing Agency:
Keller Williams Beverly Hills · Keller Williams Realty
(310) 432-6400
Listed By:
Lee Ziff · License #01212150
(310) 991-3977
Added: Apr 23
Changed: Jul 28
Last Checked: Jul 31 at 9:06PM
MLS# 26762207
Copyright © 2026 The MLS/CLAW. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This newer construction duplex, built in 2010, offers income potential and modern living in South Los Angeles. The well-maintained property features two spacious townhouse-style units, each with 4 bedrooms and 2 bathrooms. Each unit offers a multi-level layout with generous living spaces, well-appointed kitchens, and ample natural light. The floor plans provide flexibility for both owner-occupants and tenants, making this an opportunity for investors or those looking to live in one unit while generating rental income from the other. Constructed with modern systems and materials, this property provides the benefits of newer construction, including reduced maintenance and increased efficiency. On-site parking and separate utilities enhance convenience and tenant appeal. The property is centrally located with easy access to USC, Sofi Stadium, Downtown, major freeways, public transportation, schools, and local amenities. Situated on a lot of 0.1242 acres, the property encompasses 2784 square feet and is zoned LAR2. One unit may be delivered vacant. This duplex is positioned in a high-demand rental market.
Key Highlights
- Duplex built in 2010 with central heating
- Two townhouse‑style units, each with 4 bedrooms and 2 bathrooms
- Multi‑level floor plans with generous living spaces and kitchens
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.9k | $33.00 |
| − Vacancy | −$1.8k | −$0.66 |
| EGI | $90.0k | $32.34 |
| − OpEx | −$27.0k | −$9.70 |
| NOI | $63.0k | $22.64 |
2,784 SF · lease $33.00/SF/yr · vacancy 2.00% · expense 30.00%
Alternative Uses
Best Use
Apartment 5plus
$49.22M
$43.07M – $57.42M
NOI $3,445,350 @ 7.0% cap · market cap 344.88%
Second Best
Multifamily LT 5
$900.3K
$787.8K – $1.05M
NOI $63,024 @ 7.0% cap · market cap 6.31%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,543
Businesses Nearby
Explore this area
Business Placement
Demographics for 90003, CA
72,764
Population
18,349
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
53%
High-School Grad
3.6 sq mi
ZIP Area
20,212
Density / Sq Mi
$54,781
Median Household Income
$30,132
Median Earnings
$1,515
Median Rent
$547,600
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Modern duplex with income potential near USC and Sofi Stadium.
Where is this duplex located?
The property is located at 116 E 68th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: Duplex built in 2010 with central heating; Two townhouse‑style units, each with 4 bedrooms and 2 bathrooms; Multi‑level floor plans with generous living spaces and kitchens
