New Construction Duplex with Garage
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 Market106
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
Bathroom 4, Bedroom 2, Bathroom 1, Bedroom 3, Bedroom 7, Bathroom 3, Bedroom 1, Bedroom 4, Bathroom 2, Bedroom 8, Bedroom 5, Bedroom 6
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
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: Aug 1
Last Checked: Aug 6 at 4:06AM
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.
A newer construction duplex built in 2010 featuring two townhouse-style units. Each unit offers a multi-level layout with 4 bedrooms and 2 bathrooms, generous living spaces, and well-appointed kitchens with ample natural light. Central heating and separate utilities support comfortable, low-maintenance day-to-day living. On-site parking is provided via garage parking, and one unit may be delivered vacant.
The property sits on a 0.1242-acre lot and totals 2,784 square feet. Zoned LAR2, it is located in South Los Angeles with easy access to USC, Sofi Stadium, Downtown, major freeways, public transportation, schools, and local amenities.
This configuration supports owner-occupancy or tenant rental use, with the flexibility of living in one unit while generating rental income from the other.
The property sits on a 0.1242-acre lot and totals 2,784 square feet. Zoned LAR2, it is located in South Los Angeles with easy access to USC, Sofi Stadium, Downtown, major freeways, public transportation, schools, and local amenities.
This configuration supports owner-occupancy or tenant rental use, with the flexibility of living in one unit while generating rental income from the other.
Key Highlights
- Built in 2010 newer construction duplex with two townhouse‑style units
- One unit may be delivered vacant
- 4 bedrooms and 2 bathrooms per unit with multi‑level layouts
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
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Duplex - Zoned LAR2, this two-unit duplex features townhouse-style layouts with 4 bedrooms and 2 bathrooms per unit and garage parking.
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: Built in 2010 newer construction duplex with two townhouse‑style units; One unit may be delivered vacant; 4 bedrooms and 2 bathrooms per unit with multi‑level layouts
