5 months on rocket

1139 E 68th St, Los Angeles, CA, 90001

$1,100,000

Home List Price

$10,000*

Closing Credit

10 Baths
3,096 SqFt
$355/SqFt
House

Location

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1139 E 68th St, Los Angeles$1,100,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeOther
ParkingNone
Year Built1927
HeatingWall Furnace
CoolingNone
MLS #24413743
Lot Size0.11 Acres
StatusActive

About 1139 E 68th St

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 $110,000 per unit and 2 units delivered VACANT! 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. The building currently operates at a 11.10 GRM on current rents (assuming market rents for the 2 vacant units), with rental upside potential to a 6.57 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 2 units VACANT.

Property Details

Property Features

Property Information:

  • Year Built: 1927
  • Stories: 0
  • Living Area: 3,096 SqFt

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

Exterior Features

Parking Information:

  • Parking: None

Lot Features

Lot Information:

  • Lot Size: 0.11 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: None

Other

Directions Information:

  • Directions: Google Maps: 1139 E 68th St, Los Angeles, CA 90001

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,100,000
  • Price Per SqFt: $355/SqFt

Tax Information:

  • Annual Amount: $19,816
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Los Angeles, CA.

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Los Angeles, CA

City

Med. Sold Price

$1.0M

Med. Price/SqFt

$640

Avg. Days On Market

38

# of Sold Homes

1346

1139 E 68th St vs Los Angeles

160 DAYS ON ROCKET

+122 Days

$1,100,000

+$78.4K More

$355/SqFt

-$285 Less

KEY TAKEAWAY

This property is $78.4K more than the Median Sold Price and $285/SqFt less than other homes in Los Angeles, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #24413743

Listing Office:

  • Office Name: Kidder Mathews of California, Inc.
  • Office Phone: (858) 369-3010
  • Listing Agent: Casey Lins

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 1:20:58 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2021$19,816$1,332,523
2020$5,223$1,318,860
2019$5,133$78,649
2018$5,034$77,108
2017$5,034$75,597

History based on county public records data.

Payment Calculator

$5,558

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,364

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NMLS#3030

Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4550210
4
/10

  • Miramonte Elementary School

  • 1400 E 68th St

  • 0.30 miles

  • Public District Grades KG-5

school-card-donut-4550211
4
/10

  • Wisdom Elementary School

  • 1125 E 74th St

  • 0.37 miles

  • Public District Grades PK-6

school-card-donut-4550212
7
/10

  • Dr. Lawrence H. Moore Math / Science / Technology Academy

  • 1321 E 61st St

  • 0.45 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $28,000. Residents of Los Angeles, CA typically earn less than $35k each year. The majority of families are married, with kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 1139 E 68th St

What is the listing price of this property?

The listing price of 1139 E 68th St property is $1,100,000.

What type of property is this?

The property 1139 E 68th St is a house located in Los Angeles, California, 90001.

Is this property for sale now?

Active Listing: 1139 E 68th St is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $19,816 (source: MLS/based on county public records data).

How many bedrooms and bathrooms does this property have?

The property at 1139 E 68th St has 10 bathrooms..

What is the square footage of this property?

The property 1139 E 68th St is 3,096 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 1139 E 68th St is 1927.

Rocket Homes›California›Los Angeles County›Los Angeles›90001›1139 E 68th St

This home is located at 1139 E 68th St in Los Angeles, CA and zip code 90001 in the South LA neighborhood. This 3,096 square foot home, which was built in 1927, sits on a 0.11 acre lot. Features: 10 bathrooms. It has been listed on Rocket Homes since July 10, 2024 and is currently priced at $1,100,000.

Over 512 listings were sold over their listed price in November 2024 in Los Angeles, CA. In the same period over 657 listings were sold below the listed price and 177 listings were sold for the listed price. The number of listings in Los Angeles, CA decreased by 0.6% between October 2024 and November 2024. In November 2024, listings were on the market for 38 days. During the same period, the median list price in this real estate market was $1,021,532.

From Rocket Homes Real Estate and based on county public records data.

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