1135 East 67th Street

Los Angeles, CA 90001

$980,000
Price
6
Beds
5
Baths
2,500 Sq. Ft.
$392 / Sq. Ft.
2,500
Sq. Ft.
$392
per Sq. Ft.

Description

Seller Financing available: 5% Interest Only for 5 Years 70% LTV. CBRE is pleased to exclusively offer for sale 1135 E 67th Street, a value add 5-unit apartment building built in 1926. The property boasts a favorable unit mix of well maintained four (4) one-bedroom, one-bathroom units and one (1) two-bedroom, one-bathroom unit. 1135 E 67th Street is a prime investment opportunity with significant value add potential, 40% rental upside as well as ADU potential (buyer must verify). The property is...Seller Financing available: 5% Interest Only for 5 Years 70% LTV. CBRE is pleased to exclusively offer for sale 1135 E 67th Street, a value add 5-unit apartment building built in 1926. The property boasts a favorable unit mix of well maintained four (4) one-bedroom, one-bathroom units and one (1) two-bedroom, one-bathroom unit. 1135 E 67th Street is a prime investment opportunity with significant value add potential, 40% rental upside as well as ADU potential (buyer must verify). The property is situated in the growing Florence-Graham submarket and is just a few miles away from both USC and SoFi Stadium, as well as walking distance to many restaurants, retail outlets, and metro stations.
  1. Listed by John Boyett • DRE #02056759 • Brokerage DRE #00868409 • CBRE
  2. Listed by Jacob Kesherim • DRE #01928381 • Brokerage DRE #01425795 • Keller Williams Beverly Hills

Property Details for 1135 East 67th Street

Zoning
LCR3*
Parcel Number
6010005026
Total Units
5.0
Living Area
2500
Source Living Area
Owner
Area
Downtown L.A. (C42)
Vacancy Rate
0
Lot Size Area
4743

Location

Listing Courtesy of CBRE, John Boyett, DRE #02056759; Keller Williams Beverly Hills, Jacob Kesherim, DRE #01928381
Add your commute
LISTING UPDATED: 02/28/2024 08:47 AM

Property Details for 1135 East 67th Street

StatusActive
MLS #24-346809
Days on Market108
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.11 AC / 4,743 SF
CountyLos Angeles County

Location

Listing Courtesy of CBRE, John Boyett, DRE #02056759; Keller Williams Beverly Hills, Jacob Kesherim, DRE #01928381
Add your commute

Building Information for 1135 East 67th Street

Stories1Residences-Year Built1926Building Size-Lot Size0.11 AC / 4,743 SF

Payment Calculator

$5,835 per month

30 year fixed, 7.25% Interest

Principal and Interest

$5,348

Property Taxes

$487

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1135 East 67th Street

Community / Development
Community / Development
  • Number Of Units: 5
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Assessor
  • Number Of Stories: 1
  • Number Of Buildings: 4
  • Type Of Units: Dwelling
Contract Info
Contract Info
  • Disclosures: As Is
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $79,320
  • Net Operating Income: $54,559.00
  • Gross Income: $79,320
  • Cap Rate: 5.57%
  • Gross Rent Multiplier: $11.98
  • Total Annual Expense: 25574
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.1089
  • Lot Size Square Feet: 4743
Parking Details
Parking Details
  • Parking Garage: Public
  • Total Parking: 0
  • Parking Features: Public
Interior Features
Interior Features
  • Levels: One
  • Cooling Type: Other
  • Heating Type: Other
  • Equipment: None
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: Shed(s)
Lease Terms
Lease Terms
  • Entry Date: 01-11-2024
Unit Details
Unit 1 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,224.00
  • Unit Actual Rent: $4,896.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 4
Unit 2 Information
  • Unit Beds: 2
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,919.00
  • Unit Actual Rent: $1,919.00
  • Unit Projected Rent: $2,400.00
  • Like Units: 1
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $193,791.00
  • Assessed Improvement Percent: 59.28
  • Assessed Land Value: $133,120.00
  • Assessed Land Percent: 40.72
  • Assessed Total Value: $326,911.00

Property History for 1135 East 67th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1135 East 67th Street

Taxable ValueLand$133,120Additions$193,791Total$326,911
Tax Record2023$5,845 ($487 / month)
Home Facts
Total Finished SqFt1,952 SqFtAbove Grade Finished SqFt1,952 SqFtLot Size4,743 SqFtStyleQuadraplexYear Built1926ZoningLCR3*CountyLOS ANGELESAPN6010-005-026

Schools near 1135 East 67th Street

This home is within Los Angeles Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Charter - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Miramonte Elementary School
PublicK to 5

Alliance Kory Hunter Middle
Charter6 to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1135 East 67th Street is a multi-family home for sale in Los Angeles, CA 90001. This property was listed for sale on January 11, 2024 by CBRE, it's currently listed at $980,000. It has been on the market for a total of 108 days and was last sold on October 22, 2009. This listing's school district is Los Angeles Unified School District. Nearby schools include Miramonte Elementary School, Alliance Kory Hunter Middle and Academy For Multiligual Arts And Science At Mervyn M. Dymally High. 1135 East 67th Street is a 6-bed, 5-bath, 2,500 sqft multi-family home built in 1926.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of CBRE, John Boyett, DRE #02056759; Keller Williams Beverly Hills, Jacob Kesherim, DRE #01928381

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.