1139 E 68th Street, Los Angeles, CA 90001

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.