$10,000 Closing Credit¹
#DW25118413, Patrice Howard, Listing office: 1st Property Real Estate
#SB25137843·
Listing office: Lyon Stahl Investment Real Estate, Inc.·
Listing agent: Cameron Samimi·
Listing office phone: 310-259-7556
$935,000 List price
1139 E 68th St Los Angeles, CA 90001
$10,000
Closing credit¹
0.1 acres
Condo
Property details
About 1139 E 68th St
Operating at a 8.57 GRM and a 6.67% Cap Rate, 1139 E 68th St. is a high-yield asset with over 100% upside in rents. HACLA pays $1,920 for efficiency units in this neighborhood. Current rents are at $9,090 and can achieve $19,200. A sophisticated owner can also put solar on this property and cut the expenses for utilities in half. The property is master metered for Water and Electric. Tenants pay for their own gas only. This asset consists of 10 studio units, approximately 300 square feet each. Once stabilized the property will operate at a 4.06 GRM and a 18.76% Cap Rate not including capital expenditures. Located in a high-demand rental pocket of South Los Angeles, the property benefits from consistent renter demand and close proximity to major employment hubs including Downtown Los Angeles, USC, and The Ports of Los Angeles. Convenient access to key transportation corridors—Florence Ave, Central Ave, the 110 and 105 Freeways—provides connectivity throughout the region. The neighborhood continues to see ongoing public and private investment, further enhancing the area’s long- term growth trajectory.
Highlights
Home typeCondominium
StatusActive
Lot size0.1147 Acres
Year built1927
MLS #SB25137843
Summary
- Private Pool: No
- List Price: $935,000
- Annual Tax Amount: $21,738
- Tax Year: 2024
- Directions: N of Florence Ave & E of Central Ave
- Year Built: 1927
- Stories: 1
- Lot Size: 0.1147 Acres
- MLS Number: SB25137843
- MLS Name: CRMLS
- Office Name: Lyon Stahl Investment Real Estate, Inc.
- Office Phone: (310) 259-7556
- Listing Agent: Cameron Samimi
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/21/2025, 9:45:29 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$935,000
1139 E 68th St
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,414,082 | $21,738 |
| 2023 | $1,386,356 | $20,894 |
| 2022 | $1,359,173 | $20,019 |
| 2021 | $1,332,523 | $19,816 |
| 2020 | $1,318,860 | $5,223 |
| 2019 | $78,649 | $5,133 |
| 2018 | $77,108 | $5,033 |
| 2017 | $75,597 | $5,033 |
History based on county public records data.
Nearby schools
4
Miramonte Elementary School
Public District KG-5
0.3 mi
•1400 E 68th St
4
Wisdom Elementary School
Public District PK-6
0.4 mi
•1125 E 74th St
7
Dr. Lawrence H. Moore Math / Science / Technology Academy
Public District KG-5
0.5 mi
•1321 E 61st St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,000. The most common annual income of people living in Los Angeles, CA is less than $<35k. Most families are married, with kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
66%
<35k
31%
35k-100k
3%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
What types of families live nearby?
27%
Single, No Kids
29%
Single, with Kids
12%
Married, No Kids
32%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
22%
<11 yrs old
11%
12-17 yrs old
30%
18-34 yrs old
32%
35-64 yrs old
5%
65+ yrs old
What do the neighbors do for fun?
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
Ross Dress For Less
Foot Locker
H&M
Where do the neighbors go to eat?
Jack In The Box
Little Caesars
Boston Market
What do the neighbors drive?
Nissan
Dodge
Honda
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1139 E 68th St
The listing price of 1139 E 68th St property is $935,000.
The property 1139 E 68th St is a condo located in Los Angeles, California, 90001.
Active Listing: 1139 E 68th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1139 E 68th St are: Miramonte Elementary School (GreatSchools Rating 4/10), Wisdom Elementary School (GreatSchools Rating 4/10), Dr. Lawrence H. Moore Math / Science / Technology Academy (GreatSchools Rating 7/10), Thomas Alva Edison Middle School (GreatSchools Rating 3/10), Los Angeles Academy Middle School (GreatSchools Rating 3/10), Kipp Philosophers Academy (GreatSchools Rating 3/10), Communication & Technology School - Diego Rivera Learning Complex (GreatSchools Rating 4/10), Performing Arts Community School - Diego Rivera Learning Complex (GreatSchools Rating 4/10), Green Design STEAM Academy - Diego Rivera Learning Complex (GreatSchools Rating 6/10).
According to the records, the last property tax for 2024 is $21,738 (source: MLS/based on county public records data).
The property at 1139 E 68th St has 0 bathroom.
The year of construction for 1139 E 68th St is 1927.
This home is located at 1139 E 68th St in Los Angeles, CA and zip code 90001 in the South LA neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since June 19, 2025 and is currently priced at $935,000.
While more than 325 listings in Los Angeles, CA in May 2025 were sold above asking price, there were more than 134 listings sold at asking price, and more than 319 were sold below. The inventory of homes for sale in Los Angeles, CA between April and May 2025 increased by 8.7%. While the average time on the market in May 2025 was 34 days, the median list price was $871,794.
From Rocket Homes Real Estate and based on county public records data.