1103 W 64th, Los Angeles, California 90044, Los Angeles, 90044 - 0 bed, 0 bath
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Los Angeles, California 90044
Analysis of 1103 W 64th, Los Angeles, California 90044 is currently available with a list price of $1,795,000. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the Los Angeles Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is moderate renovation needed.
Built in 1930, this multifamily property features units that have undergone partial cosmetic updates, including modern white shaker-style cabinetry, stone-look countertops, and updated laminate flooring. While the interiors shown are functional and move-in ready for tenants, the building's age and exterior suggest that major systems (plumbing, electrical, and roofing) are likely aged and may require ongoing maintenance or future capital expenditures, fitting the criteria for a well-maintained but dated vintage asset.
High School: Middle College High School (9/10).
The property delivers an exceptional 8.14% cap rate and a 7.89 GRM, providing investors with immediate, strong cash flow and a superior return profile compared to typical Los Angeles multifamily assets.
Conveniently located near USC and Downtown Los Angeles, the asset is perfectly positioned to capture high rental demand from students, faculty, and the city's core employment centers.
Constructed in 1930, the property likely requires ongoing capital expenditures for system upgrades and structural maintenance common with older vintage multifamily buildings.
The majority of assigned public schools carry low ratings (2-4), which may limit the property's appeal to families and impact long-term tenant stability for the larger units.
1103 W 64th St presents an excellent opportunity to acquire a well-located 12-unit multifamily property in South Los Angeles. The property features a desirable unit mix consisting of (7) Studios, (4) 1 bedroom/1 bath units, and (1) 2 bedroom/1 bath unit, currently generating $18,966 in monthly rental income. The asset is currently operating at an 8.14% cap rate and 7.89 GRM, providing investors with strong in place cash flow and stable income. Priced at just $149,583 per unit and $314 per square foot, the offering presents an attractive basis relative to comparable multifamily properties in the area. The property is conveniently located in South Los Angeles, offering easy access to Downtown Los Angeles, USC, as well as major transportation corridors and key employment centers throughout the city.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-5 • 0.4 mi
Grades K-6 • 0.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | - | - | 0% |
| Baths | - | - | 0% |
| Square foot | - | - | 0% |
| Lot Size | - | - | 0% |
| Price | - | - | 0% |
| Price per sq ft | - | - | 0% |
| Built year | 1930 | - | 0% |
| HOA | $0 | $0 | 0% |
| Days on market | - | - | 0% |
Mar 16, 2026
$1,795,000
Initial Listing
Oct 30, 2015
$925,000
Public Record
Jan 23, 2004
$500,000
Public Record