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$735,000   Price Analysis
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937 W 68th St
Los Angeles, CA 90044
3 bed 3 bath 2,008 SqFt ($366/SqFt)
7,137SqFt lot. Built 1932
Listed 2024-03-18, Taxes $5,762		Ⓧ USDA Ineligible
due to location
near Los Angeles

We are pleased offer for investment opportunity in Prime Los Angeles Location.

This exceptional triplex presents a unique investment opportunity, boasting three separate buildings centrally located in a highly sought-after area. One unit will be delivered vacant, while the remaining units are occ upied by long-term tenants who consistently uphold rental payments. This unoccupied two-story unit offers the perfect opportunity for the owner to live in and manage. Alternatively, it presents the potential for significant increasing rental revenue should the owner opt to lease it out.

With a detached three-car garage, this property presents the potential fr conversion into a fourth unit, effectively maximizing its rental capacity. Each unit offers privacy, ample parking and is nestled within a tranquil residential area. This property enjoys close proximity to restaurants, grocery stores and schools, adding to its convenience. It is Conveniently located near major freeways such as the 110, 105 and 10, facilitating seamless commuting.


Presented by Kevin Kim at
Masters Realty & Investment.


Property MLS #24-369937 from TheMLSCLAW

Bedrooms: 3

Total Bathrooms: 3
Full Bathrooms: 3

Detached/No Common Walls

Gas/Electric Range
Oven

Cooling Features: Ceiling Fan

Lot Size Acres: 0.163843
Lot Size Source: Vendor Enhanced
Lot Size Square Feet: 7137

Garage Spaces: 3
Garage Description: Detached
Parking Total: 10

Association: No
Calculated Total Monthly Association Fees: 0

Number of Buildings: 3
Number of Units: 3
Unit Features: 1 BedsTotal: 1, 1 BathsTotal: 1, 1 SquareFeet: 1800, 2 BedsTotal: 1, 2 BathsTotal: 1, 2 SquareFeet: 1800, 3 BedsTotal: 1, 3 BathsTotal: 1, 3 SquareFeet: 2000

Gross Income: 25464

Source Listing Status: Active
County: Los Angeles
Cross Street: Vermont Ave
Directions: This property is on 68th St, East of Vermont Ave and West of Hoover St
Source Property Type: Residential Income
Area: Los Angeles Southwest
Source Neighborhood: Los Angeles Southwest
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 3
Owner Pays: Gardener
Parcel Number: 6013-009-010
Postal Code Plus 4: 5206
Zoning: LARD1.5
Source System Name: C2C

YearAssessments
Building + Land
Total		Tax
2022$109,363 + $344,497
$453,860		$5,762
2021$107,219 + $337,743
$444,962		$5,683
2020$106,120 + $334,280
$440,400		$5,737
2019$104,040 + $327,726
$431,766		$5,522
2018$102,000 + $321,300
$423,300		$5,384
2017$100,000 + $315,000
$415,000		$5,272
2016$70,077 + $188,927
$259,004		$3,378
2015$69,025 + $186,090
$255,115		$3,332
2014$67,673 + $182,445
$250,118		$3,365
2013$67,368 + $181,621
$248,989		$3,359
2012$66,048 + $178,060
$244,108		$3,403
2010$64,753 + $174,569
$239,322		$3,347
2009$64,423 + $173,677
$238,100		$3,225
2009$64,270 + $173,265
$237,535		$3,225
2008$63,160 + $170,272
$233,432		$3,096
2007$61,922 + $166,934
$228,856		$2,994

Listed 2024-03-18
$735,000
TheMLSCLAW
Listing removed 2024-02-02
$0
TheMLSCLAW
Relisted 2023-12-17
$775,000
TheMLSCLAW
Listing removed 2023-12-16
$0
TheMLSCLAW
Relisted 2023-10-31
$775,000
TheMLSCLAW
Listing removed 2023-10-30
$0
TheMLSCLAW
Listed 2023-07-18
$795,000
TheMLSCLAW
Sold 2022-10-21
$590,000
CRMLS
Listing removed 2021-04-04
$0
CRMLS
Listed 2021-02-27
$624,900
CRMLS
Sold 2016-12-01
$415,000
CRMLS
Listed 2016-09-29
$405,000
CRMLS
Listing removed 2016-09-03
$399,999
CRMLS
Price Changed 2016-08-08
$399,999
CRMLS
Price Changed 2016-06-19
$425,000
CRMLS
Price Changed 2016-05-05
$450,000
CRMLS
Listed 2016-03-01
$500,000
CRMLS
Sold 1990-07-03
$170,000
Public Record
Sold 1985-05-31
$95,000
Public Record
Sold 1982-12-22
$69,000
Public Record
Sold 1982-06-02
$35,000
Public Record

Net Operating Income: 12464

Total Square Feet Living: 2008
Year Built: 1932
Building Exterior Type: Stucco
Common Walls: Detached/No Common Walls
Direction Faces: South
Entry Location: Ground Level w/steps
Foundation Details: Raised
Levels: One Level, Two Level
Living Area Source: Vendor Enhanced
Property Age: 92
Roof: Shingle
Levels or Stories: 1
Building Total Stories: 1
House Style: California Bungalow
Year Built Source: Vendor Enhanced
Architectural Style: California Bungalow

Other Equipment: Range/Oven
Security Features: Gated

Gerald A. Lawson Academy Of The Arts, Mathematics And Science is a public elementary school located approximately 0.1 miles away.
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Augustus F. Hawkins High A Critical Design And Gaming is a public high school located approximately 0.5 miles away.
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John Muir Middle School is a public middle school located approximately 0.6 miles away.
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St. Raphael Elementary School is a private elementary and middle school located approximately 0.2 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.