901 W 68th, Los Angeles, California 90044, Los Angeles, 90044 - bed, bath
ACTIVE$1,100,000
901 W 68th, Los Angeles, California 90044
0Bed
0Bath
3,844Sqft
8,563Lot
Year Built
1934
Close
-
List price
$1.1M
Original List price
$1.1M
Price/Sqft
$286
HOA
-
Days on market
-
Sold On
-
MLS number
DW25275725
Home ConditionPoor
Features
View-
About this home
We found 3 Cons,6 Pros.
Excellent investment opportunity in South Los Angeles. This 7-unit multifamily property is located Los Angeles, CA, offering stable rental income and long-term upside potential. The property features a desirable unit mix of six (6) one-bedroom units and one (1) studio unit, supporting strong tenant demand in a high-rental market. Long term tenants. Property also has plenty of space for parking. CORNER LOT
Nearby schools
2/10
Gerald A. Lawson Academy Of The Arts, Mathematics And Science
Public,•K-6•0.1mi
4/10
Sixty-Eighth Street Elementary School
Public,•K-6•0.3mi
3/10
Sixty-First Street Elementary School
Public,•K-6•0.6mi
3/10
Budlong Avenue Elementary School
Public,•K-5•0.7mi
3/10
Raymond Avenue Elementary School
Public,•K-5•0.7mi
3/10
Fifty-Second Street Elementary School
Public,•K-5•1.2mi
5/10
Estrella Elementary School
Public,•K-5•1.3mi
2/10
Main Street Elementary School
Public,•K-5•1.4mi
2/10
Western Avenue Elementary School
Public,•K-5•1.5mi
2/10
John Muir Middle School
Public,•6-8•0.6mi
2/10
Mary Mcleod Bethune Middle School
Public,•6-8•1.0mi
3/10
Los Angeles Academy Middle
Public,•6-8•1.8mi
2/10
Barack Obama Global Preparation Academy
Public,•6-8•2.0mi
2/10
Augustus F. Hawkins High A Critical Design And Gaming
Public,•9-12•0.5mi
3/10
John C. Fremont Senior High School
Public,•9-12•1.3mi
3/10
Nava College Preparatory Academy
Public,•9-12•3.1mi
5/10
Santee Education Complex
Public,•9-12•3.8mi
9/10
Middle College High School
Public,•9-12•4.2mi
Price History
Date
Event
Price
12/13/25
Listing
$1,100,000
05/24/12
Sold
$430,000
Condition Rating
Poor
The property was built in 1934, making it 90 years old. While the exterior appears structurally sound, there are no interior images provided, which is a significant red flag for a multi-unit property of this age. The listing description mentions 'long term tenants' and the AI analysis highlights 'Advanced Property Age' and 'Potential for Outdated Units.' This strongly suggests that the kitchens, bathrooms, and major systems (plumbing, electrical, HVAC) are significantly dated, likely original or last renovated 30-50+ years ago, and will require substantial repairs and rehabilitation to meet current standards or attract new tenants at market rates. The property is functional for its current long-term tenants but is far from move-in ready for a modern buyer or for maximizing rental income without significant capital investment.
Pros & Cons
Pros
Great Schools: High School: Middle College High School (9/10).
Strong Investment Profile: Explicitly marketed as an 'excellent investment opportunity' offering 'stable rental income and long-term upside potential' in a high-rental market.
Diversified Income Stream: A 7-unit multifamily property with a desirable mix of six 1-bedroom units and one studio unit, providing multiple revenue sources and catering to strong tenant demand.
Established Tenancy: The presence of 'long term tenants' suggests stability, reduced vacancy risk, and consistent cash flow for an investor.
Ample Parking: The property offers 'plenty of space for parking,' a significant advantage and highly desirable amenity in a dense urban area like Los Angeles.
Corner Lot Advantage: Being situated on a corner lot typically provides enhanced visibility, more natural light, and potentially easier access for residents.
Cons
Advanced Property Age: Built in 1934, the property is 90 years old, indicating a high likelihood of requiring significant capital expenditures for system upgrades (e.g., plumbing, electrical) and ongoing maintenance.
Potential for Outdated Units: While long-term tenants are a strength, units may be in original or dated condition, necessitating substantial renovation upon turnover to achieve market-rate rents and attract new tenants.
Location-Specific Perception: While a high-rental market, the South Los Angeles location may carry specific neighborhood perceptions or market dynamics that could influence tenant acquisition or property value appreciation compared to other submarkets.