162 W 65th Street, Los Angeles, CA 90003
162 W 65th Street, Los Angeles, CA 90003
162 W 65th Street, Los Angeles, CA 90003
25
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$1,150,000
Est. payment /mo
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10 Beds
6 Baths
6,690 Sqft Lot
New

162 W 65th Street Los Angeles, CA 90003

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Jason Fogelman

Jason Fogelman

+1(858) 204-4262

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID SB26201104

Bedrooms 10

Lot Size 6,690 Sqft

Property Sub-Type Res Income 2-4 Units

Property Description

162 W 65th St offers a rare opportunity to purchase a four-unit property in a strong pocket of South Los Angeles, with 1 unit delivered vacant. The property features a great mix of units, including a VACANT and newly constructed 3 Bed/2 Bath unit, along with three additional units consisting of (1) large 4 Bed/2 Bath front house, (1) 1 Bed/1 Bath and (1) 2 Bed/1 Bath Units. The variety of unit mixes and 4 on-site parking spaces in the back of the property makes it attractive to a wide range of renters. Built in 1941, the property totals approximately 3,312 SF on a 6,690 SF lot ($347/SF). Based on market rents, the property has the potential to generate nearly $12,000 per month in gross income, making it a strong opportunity for an investor seeking solid cash flow. Priced at $1,150,000, the property is is currently operating at a 9.17% Cap Rate and 8.19 GRM, with upside potential. 162 W 65th St is well positioned in Los Angeles, CA 90003, close to major employment centers, retail corridors and transit, in a rental market characterized by consistent demand and long-term appreciation.

Location

State CA

County Los Angeles

Zoning Assessor

Direction west of Broadway and east of Figueroa Street

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Senior Community No

Tax ID 6012001033

Acceptable Financing Cash, Conventional, Land Contract

Listing Terms Cash, Conventional, Land Contract

MLS Router / San Diego MLS
Listed by Aaron Jacobson, DRE#02100737 Lyon Stahl Investment Real Estate, Inc. 
Co-listed byBrandon Maghen • Lyon Stahl Investment Real Estate, Inc.

NEARBY SCHOOL & BUSINESS

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Jason Fogelman

Jason Fogelman

Realtor / North County Regional Manager CA DRE#01374456

+1(858) 204-4262

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