1741 W 64th Street, Los Angeles, California 90047, Los Angeles, 90047 - bed, bath
ACTIVE$1,199,000
1741 W 64th Street, Los Angeles, California 90047
0Bed
0Bath
2,224Sqft
5,462Lot
Year Built
1929
Close
-
List price
$1.2M
Original List price
$1.2M
Price/Sqft
$539
HOA
-
Days on market
-
Sold On
-
MLS number
DW25052619
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,5 Pros. Rank: price - $1.20M(79th), sqft - 2224(63th), beds - undefined(50th), baths - undefined(50th).
"CASH COW" Property has great tenants with high rents. Nothing to do but add a solid property to your portfolio. 4 units with garage that might be able to be converted to more units. The income and condition says it all.
Nearby schools
2/10
Fifty-Ninth Street Elementary School
Public,•K-5•0.7mi
3/10
Seventy-Fourth Street Elementary School
Public,•K-5•0.8mi
3/10
Budlong Avenue Elementary School
Public,•K-5•0.8mi
2/10
Western Avenue Elementary School
Public,•K-5•0.9mi
3/10
Raymond Avenue Elementary School
Public,•K-5•0.9mi
1/10
Horace Mann Junior High School
Public,•6-8•0.4mi
2/10
John Muir Middle School
Public,•6-8•1.0mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•1.4mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•1.2mi
1/10
Crenshaw Science, Technology, Engineering, Math And Medicine Magnet
Public,•9-12•1.6mi
9/10
Middle College High School
Public,•9-12•5.1mi
Price History
Date
Event
Price
03/10/25
Listing
$1,199,000
09/22/21
Sold
$630,000
11/14/01
Sold
$150,000
11/07/00
Sold
$1,000
Condition Rating
Poor
Built in 1929, this property shows significant age with no visible signs of recent major renovations. The exterior appears dated, and the presence of window AC units suggests outdated cooling systems. Without interior images, it's highly probable that kitchens, bathrooms, and other major systems (electrical, plumbing) are original or were last updated many decades ago, requiring substantial rehabilitation to meet current quality standards and comfort. While described as a 'cash cow' with 'great tenants,' this refers to its income potential in its current state, not its physical condition relative to modern expectations, which would necessitate significant investment for a new owner.
Pros & Cons
Pros
High Rental Income & Cash Flow: Explicitly described as a 'CASH COW' with 'great tenants with high rents,' indicating strong immediate income generation and a solid return on investment.
Multi-Unit Property (Quadruplex): Comprising 4 units, this property offers diversified income streams and higher overall rental potential compared to single-family residences.
Development Potential: The presence of a garage that 'might be able to be converted to more units' suggests potential for future expansion, increased rental income, or property value through ADU conversion.
Established Tenancy: The property boasts 'great tenants' already in place, implying stable occupancy and immediate cash flow without the need for tenant acquisition or vacancy periods.
Prime Investment Location: Located in Los Angeles, a major metropolitan area with consistent rental demand and potential for long-term property appreciation.
Cons
Age of Property: Built in 1929, the property is nearly a century old, which may imply potential for outdated systems (plumbing, electrical, HVAC) and higher long-term maintenance costs, despite current condition claims.
Vague Condition & 'Nothing to Do' Claim: While the description states 'The income and condition says it all' and 'Nothing to do,' this lacks specific details on recent renovations or inspections, which can be a concern for an older building.
Potential Rent Control Limitations: As an income property in Los Angeles, future rent increases may be subject to local rent control ordinances, potentially limiting long-term income growth and flexibility.