$960,000
$30K PRICE DROP

1139 E 68th St Los Angeles, CA 90001

Estimated payment $6,030/month

Total Views 1,958
-- Bed
10 Baths
3,096 Sq Ft
$310 Price per Sq Ft

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.

Listing Agent

Casey Lins

Kidder Mathews of California, Inc. License #01902650 Listed on: 10/14/2025

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1927

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Levels: One
  • Street Number Display: Yes
  • Additional Assessor Parcel Numbers: No
  • Alley: No
  • Living Area: 3096
  • Lot Acreage: 0.1147
  • Probate: No
  • Stories: 1
  • Year Built: 1927
  • State Abbrv: CA
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: Attached
  • Total Bathrooms: 10.00
  • Price Per S Q F T: 310.08

Exterior Features

  • Other Structures: None
  • Paved: Yes

Utilities

  • Water Heaters: Yes

Lot Info

  • Assessed Improvement Percent: 76.80
  • Assessed Improvement Value: 1085989
  • Assessed Land Percent: 23.2
  • Assessed Land Value: 328093
  • Total Assessed Value: 1414082
  • Assessor Parcel Number: 6010-007-022
  • Lot Description: Single Lot
  • Lot Size Area: 4997

Rental Info

  • Rent Control: Yes

Multi Family

  • Unit Type: 2106, 2107, 2108, 2109, 2110, 2111, 2112, 2113, 2114, 2115
  • Gross Rent Multiplier: 9.42
  • Number Of Units: 10
  • Rent Control: 100
  • Type Of Units: Apartment
  • Vacancy Allow Percent: 0.00

Tax Info

  • Private Transfer Taxes: No

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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

Source: The MLS

MLS Number: 25605823

The MLS