1139 E 68th St Los Angeles, CA 90001
Estimated payment $6,832/month
About This Home
We are pleased to present a 10-unit apartment community located on 1139 E 68th St in the heart of Los Angeles for an extremely low $96,000 per unit! The property is located in close proximity to the 110 and 105 freeways as well as neighboring cities such as Huntington Park, Walnut Park, and South Gate. Strategically positioned in one of the densest rental markets in Los Angeles, the property caters to hundreds of thousands of working-class tenants in the neighborhood that is easily accessible to a number of metro bus stops. The building currently operates at a 9.42 GRM on current rents (assuming market rents for the one vacant unit), with rental upside potential to a 6.15 GRM on pro forma rents. The property consists of a one, single-story structure built in 1927 that has undergone a number of improvements in recent years, such as a new roof, copper plumbing, new sewer line, and exterior paint. The unit mix is comprised of ten studio units, with 1 unit VACANT. Contact the listing broker for additional information.
Co-Listing Agent
Vincent Cook
Kidder Mathews of California, Inc License #02012324
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1927
Lot Details
- 4,997 Sq Ft Lot
Interior Spaces
- 10 Bathrooms
- 3,096 Sq Ft Home
- 1-Story Property
Community Details
- 10 Units
- Rent Control
Listing and Financial Details
- Assessor Parcel Number 6010-007-022
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| 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 | $21,738 | $1,442,362 | $334,654 | $1,107,708 |
| 2024 | $21,738 | $1,414,082 | $328,093 | $1,085,989 |
| 2023 | $20,894 | $1,386,356 | $321,660 | $1,064,696 |
| 2022 | $20,020 | $1,359,173 | $315,353 | $1,043,820 |
| 2021 | $19,816 | $1,332,523 | $309,170 | $1,023,353 |
| 2020 | $19,956 | $1,318,860 | $306,000 | $1,012,860 |
| 2019 | $5,223 | $78,649 | $20,684 | $57,965 |
| 2018 | $5,134 | $77,108 | $20,279 | $56,829 |
| 2016 | $4,935 | $74,116 | $19,493 | $54,623 |
| 2015 | $4,890 | $73,004 | $19,201 | $53,803 |
| 2014 | $4,930 | $71,575 | $18,825 | $52,750 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/04/2025 11/04/25 | Price Changed | $960,000 | -3.0% | $310 / Sq Ft |
| 10/14/2025 10/14/25 | For Sale | $990,000 | -- | $320 / Sq Ft |
Source: The MLS
MLS Number: 25605823
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