Four-Unit Multifamily
208 E 65th St, Los Angeles, CA 90003
For Sale
New
$785,000
Two separate buildings contain established one-bedroom apartments with long-term residents in place.
Property Size2,128 SF
Days on Market4
Property Features for 208 E 65th St
General Information
Standard status
Size
Property subtype
Site & Location
Neighborhood
Highway Access
Units
Unit Mix
Multifamily Units
Additional Details
Tenant in Place
Building Details
Building Size
Year Built
Buildings
Listing Agency:
Keller Williams Encino/Sherman Oaks
Listed By:
Kayvon Motahed · License CA #01445867
(310) 951-5075
Source:
Milsteinestates
Added: Nov 6
Changed: Nov 9
Last Checked: Nov 8 at 3:48PM
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 Keller Williams Encino/Sherman Oaks
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1923 multifamily property comprises two detached buildings and four one-bedroom, one-bathroom units. Long-term tenants currently occupy the units, providing an established rental component. Two apartments have recently received new water heaters.
The property is in Los Angeles, with access to Downtown Los Angeles, USC, and the 110 Freeway described as a short drive. Shopping, entertainment, and employment centers are also cited in the surrounding area.
The property is in Los Angeles, with access to Downtown Los Angeles, USC, and the 110 Freeway described as a short drive. Shopping, entertainment, and employment centers are also cited in the surrounding area.
Key Highlights
- Four one‑bedroom, one‑bathroom units across two detached buildings
- Built in 1923
- Long‑term tenants in place
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$34,241
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$684,820
$684.8K
Cap Rate 7%
$489,157
$489.2K
Cap Rate 9%
$380,456
$380.5K
Market Conditions
NOI Build-Up for 2,128 SF
Gross rent
$67.7K $31.80/SF
− Vacancy
−$5.4K −$2.54/SF
EGI
$62.3K $29.26/SF
− OpEx
−$28.0K −$13.17/SF
NOI
$34.2K $16.09/SF
Area
Los Angeles County, CA
Vacancy
8.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$684,820
Cap Rate 7%
$489,157
Cap Rate 9%
$380,456
Alternative Uses
Best Use
Apartment 5plus
$489.2K
$428.0K – $570.7K
NOI $34,241 @ 7.0% cap · market cap 4.36%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$867.0K
$758.7K – $1.01M
NOI $60,692 @ 7.0% cap · market cap 7.73%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
4
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,680
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
$547,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Average Price Trend$/SF for Multifamily properties in Los Angeles, CA
Properties on Market for Multifamily properties in Los Angeles
Vacancy Rate% for Multifamily in West region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two separate buildings contain established one-bedroom apartments with long-term residents in place.
Where is this multifamily property located?
The property is located at 208 E 65th St Los Angeles, CA.
What is the asking price?
The asking price for this property is $785,000.
What are key features of this property?
This property features: Four one‑bedroom, one‑bathroom units across two detached buildings; Built in 1923; Long‑term tenants in place
