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Four-Unit Residential Property

208 E 65th St, Los Angeles, CA 90003

For Sale
New
$785,000

Residential Income, Los Angeles, CA

Property Size2,128 SF
Lot Size0.12 Acres
Price / SF$368.89
Days on Market2

Property Features for 208 E 65th St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning LAR2
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bedroom 3, Bedroom 4, Bathroom 1, Bathroom 4, Bathroom 3, Bedroom 2, Bathroom 2
Appliances Gas
Lot features Fenced
Directions Two blocks south of Gage Ave and Main St.
Subdivision Downtown L.A.
Standard status Active
APN 6011-001-019
Size 2,128 SF
Lot size 0.12 Acres

Additional Details

Tenant in Place Yes

Building Details

Year built 1923
Floors in Building 1
Number of units 4
Buildings 2
Listing Agency: Keller Williams Encino/Sherman Oaks · Keller Williams Realty
Listed By: Kayvon Motahed · License #01445867
Added: Nov 6 Last Checked: Nov 7 at 2:06AM
MLS# 26106793

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.

Rey
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Investment Insights

Based on property information with market context.

The property comprises two detached buildings with four one-bedroom, one-bathroom units. The buildings total 2,128 square feet on a 0.124-acre lot. Two apartments have recently had their water heaters replaced, and the property was built in 1923. Zoning is LAR2.

The property is at 208 E 65th St in Los Angeles, within ZIP code 90003. Its location is described as minutes from Downtown Los Angeles, USC, and the 110 Freeway.

Key Highlights

  • Four one‑bedroom, one‑bathroom units across two detached buildings
  • 2,128‑square‑foot property on a 0.124‑acre lot
  • LAR2 zoning

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$48,174
Cap Rate
6.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$963,480 $963.5K
Cap Rate 7%
$688,200 $688.2K
Cap Rate 9%
$535,267 $535.3K
Market Conditions
NOI Build-Up for 2,128 SF
Gross rent
$70.2K $33.00/SF
− Vacancy
−$1.4K −$0.66/SF
EGI
$68.8K $32.34/SF
− OpEx
−$20.6K −$9.70/SF
NOI
$48.2K $22.64/SF
Area
ZIP 90003
Vacancy
2.00%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$963,480
Cap Rate 7%
$688,200
Cap Rate 9%
$535,267

Alternative Uses

Best Use
Apartment 5plus
$37.62M
$32.92M – $43.89M (±1% cap)
NOI $2,633,515 @ 7.0% cap · market cap 335.48%
Second Best
Multifamily LT 5
$688.2K
$602.2K – $802.9K (±1% cap)
NOI $48,174 @ 7.0% cap · market cap 6.14%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Lease Details

4
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,680
Businesses Nearby

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 Quadplexes in Los Angeles, CA

$423 Jul
$416 Aug
$403 Sep
$420 Oct

Properties on Market for Quadplexes in Los Angeles

Jul
Aug
Sep
Oct

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 - Two separate buildings contain one-bedroom, one-bathroom apartments, with two units recently receiving water heaters.
Where is this quadplex 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; 2,128‑square‑foot property on a 0.124‑acre lot; LAR2 zoning
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