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3018 W 67th Street

Los Angeles (City), CA 90043
  • $6,250,000
  • STATUS: Active
  • ON SITE: 82 Days
  • MLS #: 25487151
UPDATED: 41 min ago
$6,250,000
  • 62
    BEDS
  • 0.7
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 29,504
    SQFT
  • $212
    $/SQFT
Type:
Multi-Family
Built:
1963
County:

School Ratings & Info

Listing Agent(s): Enrique Viramontes of Remax Commercial and Investment Realty (213-817-1000)


Description

We are pleased to introduce 3018 W 67th Street. The property consists of an attractive mix of 2 three bedroom + two bath, 23 two bedroom + one bath and 10 one bedroom + one bath units with enormous floor plans. Recent renovations to the property include soft-story retrofit completion and a newer roof. The property's rental marketability benefits from its close proximity to SoFi Stadium, Intuit Dome and the KIA Forum. The economics of the offering show immediate returns at the current income level. However, with market rents continuing in an upward trend, an aggressive management approach may realize a significant upside in rental income over the holding period. South Los Angeles is one of the most resilient markets in the region with historically low vacancy rates and consistent rent growth over the same period. Section 8 vouchers are currently at $3,528 for 3-bedroom units, $2,748 for 2-bedroom units and $2,172 for 1-bedroom units.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-20T11:26:51.333. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/159784631
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3018 W 67th Street Los Angeles (City), CA 90043

  • Price: $6,250,000
  • Status: Active
  • On Site: 82 Days
  • Updated: 41 min ago
  • MLS #: 25487151
62
Beds
0
Baths
0
½ Baths
0.7
Acres
29,504
SQFT
$212
$/SQFT
1963
Built
Neighborhood:
PHHT - Park Hills Heights
County:
Los Angeles
Area:
PHHT - Park Hills Heights
Property Description
We are pleased to introduce 3018 W 67th Street. The property consists of an attractive mix of 2 three bedroom + two bath, 23 two bedroom + one bath and 10 one bedroom + one bath units with enormous floor plans. Recent renovations to the property include soft-story retrofit completion and a newer roof. The property's rental marketability benefits from its close proximity to SoFi Stadium, Intuit Dome and the KIA Forum. The economics of the offering show immediate returns at the current income level. However, with market rents continuing in an upward trend, an aggressive management approach may realize a significant upside in rental income over the holding period. South Los Angeles is one of the most resilient markets in the region with historically low vacancy rates and consistent rent growth over the same period. Section 8 vouchers are currently at $3,528 for 3-bedroom units, $2,748 for 2-bedroom units and $2,172 for 1-bedroom units.
Exterior Features

Parking Features Assigned Parking Total 35

Interior Features

Heating Wall Furnace Heating YN Yes

Property Features

Association YN No Cap Rate 5.74 Gross Income 616223 Levels Three Or More Listing Agreement Exclusive Right To Sell Listing Service Full Service Net Operating Income 358525 New Construction YN No Senior Community YN No Special Listing Conditions Standard Tenant Pays ElectricityGas Zoning LAR3



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-20T11:26:51.333. This information 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. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Enrique Viramontes of Remax Commercial and Investment Realty (213-817-1000)