117 S Avenue 64, Los Angeles, CA 90042

Local realty services provided by:ERA Carlile Realty Group
117 S Avenue 64,Los Angeles, CA 90042
$6,950,000
  • 32 Beds
  • 24 Baths
  • 13,674 sq. ft.
  • Multi-family
  • Active
Listed by:neema ahadian
Office:marcus & millichap
MLS#:25572129
Source:CRMLS

Price summary

  • Price:$6,950,000
  • Price per sq. ft.:$508.26

About this home

We are pleased to present The Marq, a 24-unit multifamily investment opportunity located in the heart of Highland Park at 117 S Avenue 64, just south of York Boulevard and east of North Figueroa Street. Built in 1989, the property is exempt from the Los Angeles Rent Stabilization Ordinance, offering investors greater flexibility and income potential. The Marq features a highly desirable unit mix of 16 one-bedroom and eight two-bedroom apartments, with gated ground-level parking comprising 14 single spaces and 12 tandem spaces. This offering provides immediate strong in-place cash flow with a current 5.89% CAP rate and 10.51 GRM, and is priced attractively at $289,583 per unit. Most of the units have been extensively renovated and include modern finishes such as stainless steel appliances, quartz countertops, upgraded cabinetry, vinyl plank flooring, and central air conditioning. Second-floor units boast vaulted ceilings and private balconies, enhancing the tenant living experience.

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Home facts

  • Year built:1989
  • Listing ID #:25572129
  • Added:62 day(s) ago
  • Updated:September 26, 2025 at 10:31 AM

Rooms and interior

  • Bedrooms:32
  • Total bathrooms:24
  • Living area:13,674 sq. ft.

Structure and exterior

  • Year built:1989
  • Building area:13,674 sq. ft.
  • Lot area:0.26 Acres

Finances and disclosures

  • Price:$6,950,000
  • Price per sq. ft.:$508.26
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