Seller's Agent in 2022
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
(310) 259-7556
3 in this area
207 Total Sales
Completely rebuilt from the studs in 2008, 1130 E 64th St is
a stunning value-add 6-unit apartment fit for any
investor looking to capitalize on a growing submarket of
Los Angeles. The property features new plumbing,
electrical, roof and interiors. There are also new tankless
water heaters, dual pane windows, stucco and exterior
paint. The laundry units are also owned by the landlord.
Located in a primarily residential neighborhood, 1130 E
64th brings an investor the opportunity to purchase a
low-maintenance, cash flowing asset with over 35%
upside in rents available.
1130 E 64th St is is located in the 90001 zip code and is
priced at a 13.73 GRM and a 4.61% cap rate. 1130 E 64th St
has a unit mix of (1) detached 3Bed/1Bath & (5) studio
units. This property has the potential to operate at a
10.20% cap rate and 7.67 GRM once units are rented for
market.
The subject property is walking distance from many local
restaurants and grocery markets. 1130 E 64th St is just 5
miles away from both USC and Sofi Stadium.
Last Agent to Sell the Property
Lyon Stahl Investment Real Estate, Inc. License #02035763 Listed on: 07/26/2022
Last Buyer's Agent
Nitanth Reddy
RE/MAX CHAMPIONS License #02120393
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/16/2022 11/16/22 | Sold | $950,000 | -2.6% | $398 / Sq Ft |
| 07/26/2022 07/26/22 | For Sale | $975,000 | -- | $408 / Sq Ft |
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,335 | $962,370 | $624,240 | $338,130 |
| 2024 | $14,335 | $943,500 | $612,000 | $331,500 |
| 2023 | $13,956 | $925,000 | $600,000 | $325,000 |
| 2022 | $11,154 | $714,000 | $306,000 | $408,000 |
| 2021 | $10,868 | $685,255 | $372,370 | $312,885 |
| 2020 | $10,937 | $678,229 | $368,552 | $309,677 |
| 2019 | $10,578 | $664,931 | $361,326 | $303,605 |
| 2018 | $10,020 | $615,000 | $374,300 | $240,700 |
| 2016 | $8,836 | $526,000 | $320,100 | $205,900 |
| 2015 | $7,721 | $433,000 | $263,500 | $169,500 |
| 2014 | $7,161 | $376,000 | $228,800 | $147,200 |
Seller's Agent in 2022
Cameron Samimi
Lyon Stahl Investment Real Estate, Inc.
(310) 259-7556
3 in this area
207 Total Sales
N
Buyer's Agent in 2022
Nitanth Reddy
RE/MAX
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SB22157419
Ask me questions while you tour the home.