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1139 E 68th Street — Los Angeles — 10 Baths • 3,096 Sq Ft | Belmont Brokerage | Belmont Brokerage

Active

+5 more

$845,000

184 DOM

$273/sqft— bd10 ba3,096 sqft

Call

1139 E 68th St Los Angeles, CA 90001

4,997sqft lot

CALL FOR ALL OFFERS APRIL 14th!!! 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 $84,500 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 8.00 GRM on current rents (assuming market rents for the one vacant unit), with rental upside potential to a 5.42 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 3 units VACANT. Contact the listing broker for additional information.

MLS 25605823

858-369-3010 (Office) 714-333-6768 (Cell) Casey.Lins@kidder.com

Est. payment

$5,399/mo

Principal & interestTaxesInsurance

$4,273$880$246

Down %

Rate %

Years

Down payment: $169,000 · Total cost: $1,707,201

Mortgage vs rent

Compare estimated owner carrying cost (same loan math as above) to a gross rent estimate from a price-based multiplier (not a comp lease).

Est. carrying cost$5,399/mo

Principal & interest: $4,273
Est. property tax: $880
Est. insurance: $246
Down payment: $169,000

Est. gross rent$3,521/mo

Gross rent ≈ list price ÷ (20 × 12). Adjust the multiplier to match how you underwrite (typical investor GRM bands are often ~16–24 for SFR, market-dependent).

Rent − carrying cost (illustrative)$-1,878/mo

Down payment20%

6.5% APR, 30-year amortization — same P&I formula as the payment calculator above.

Gross rent multiple (annual)20×

Not financial advice. Mortgage uses standard amortizing P&I; taxes and insurance are rough California-style estimates (1.25% / yr tax, 0.35% / yr insurance). Rent is gross (no vacancy or management); actual market rent requires comps or a lease listing.

Price History

Event	Date	Price	Change
Listed	Oct 14, 2025	$990,000	—

Facts & Features

Transaction Data

▼Price Reduced from $990,000 (−$145,000)

Structure & Property

Year Built1927

858-369-3010 (Office) 714-333-6768 (Cell) Casey.Lins@kidder.com

Sale & Tax History

No Recent Sales History

We didn't find any closed transactions for this property in the last 5 years.

Location

1139 E 68th Street, Los Angeles, CA 90001

Get Directions

Call

1139 E 68th St Los Angeles, CA 90001

About this home

Casey Lins

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Casey Lins

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.

1139 E 68th Street, Los Angeles, CA 90001

About This Property

Property Photos

1139 E 68th St Los Angeles, CA 90001

About this home

Casey Lins

Est. monthly payment

Mortgage vs rent

Price History

Facts & Features

Transaction Data

Structure & Property

Casey Lins

Sale & Tax History

No Recent Sales History

Location

Location

Listing Agent

Presented by Belmont Brokerage Inc.