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Four-Unit Apartment Building
New
For Sale
$695,000

1159 E 64th St, Los Angeles, CA 90001

A single-story property offers two-bedroom and one-bedroom residences under LA County rent control regulations.

Property Size2,088 SF
Lot Size0.10 Acres
Days on Market4

Property Features for 1159 E 64th St

General Information

Standard status Active
Size 2,088 SF
Net Rentable 2,088 SF
Lot size 0.10 Acres
Property subtype MULTI_FAMILY
Zoning LCR3YY

Financials

Cap Rate 7.28%
Gross Rent Multiplier 9.7

Site & Location

Neighborhood South Los Angeles
Highway Access Yes
Road Access Yes
Public Transit Yes

Units

Unit Mix 2 x 2BR, 2 x 1BR
Multifamily Units 4

Additional Details

Tenant in Place Yes

Building Details

Building Size 2,088 SF
Year Built 1928
Buildings 1
Stories 1
Listing Agency: Kidder Mathews of California, Inc.
Listed By: Casey Lins · License #01902650
Source: Milsteinestates
Added: Oct 26 Changed: Oct 28 Last Checked: Oct 28 at 3:57PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews of California, Inc.

Rey
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Investment Insights

Based on property information with market context.

This 2,088-square-foot, single-story apartment building contains four units: two two-bedroom residences and two one-bedroom residences. Constructed in 1928, it occupies a 4,392-square-foot lot zoned LCR3YY and is subject to LA County rent control regulations.

The property has street access on both E Gage Avenue and 66th Street. It sits just east of the 110 Freeway, with access to the Florence and Slauson Light Rail Stations and multiple Metro lines. Edison Middle School, Public Service Community High School, and Mary M. Bethune Park are nearby.

Key Highlights

  • Four units: two two‑bedroom residences and two one‑bedroom residences
  • 2,088 rentable square feet in a single‑story structure
  • 4,392‑square‑foot lot with LCR3YY zoning

Property Analytics

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Lease Details

4
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,759
Businesses Nearby

Demographics for 90001, CA

55,859
Population
13,998
Households
4
Avg Household Size
30
Median Age
7%
College-Educated
49%
High-School Grad
3.3 sq mi
ZIP Area
16,927
Density / Sq Mi
$60,751
Median Household Income
$30,672
Median Earnings
$1,471
Median Rent
$513,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Quadplex - A single-story property offers two-bedroom and one-bedroom residences under LA County rent control regulations.
Where is this quadplex located?
The property is located at 1159 E 64th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: Four units: two two‑bedroom residences and two one‑bedroom residences; 2,088 rentable square feet in a single‑story structure; 4,392‑square‑foot lot with LCR3YY zoning
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