117 S Avenue 64, Los Angeles, CA 90042
Local realty services provided by:Better Homes and Gardens Real Estate Champions
117 S Avenue 64,Los Angeles, CA 90042
$6,800,000
- 32 Beds
- 24 Baths
- 13,674 sq. ft.
- Multi-family
- Active
Listed by: neema ahadian
Office: marcus & millichap310-909-5500
MLS#:26650001
Source:CRMLS
Price summary
- Price:$6,800,000
- Price per sq. ft.:$497.29
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 5.81% CAP rate and 10.33 GIM, and is priced attractively at $283,333 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. The secured-entry property also includes a community laundry room with two washers and two dryers. Positioned in one of Northeast Los Angeles' most vibrant and rapidly appreciating neighborhoods, The Marq benefits from strong rental demand and robust local demographics, with average household incomes around $125,000 and median home values exceeding $900,000 within a two-mile radius. The property offers easy access to Downtown Los Angeles, Pasadena, Glendale, Echo Park, and Silver Lake via the 110 Freeway and the nearby Metro Gold Line Highland Park Station. Residents enjoy close proximity to popular destinations including Highland Park Bowl, Kitchen Mouse, Civil Coffee, and a variety of local art galleries and boutiques, making The Marq a compelling opportunity for investors seeking stable cash flow and long-term appreciation in a prime location....
Contact an agent
Home facts
- Year built:1989
- Listing ID #:26650001
- Added:102 day(s) ago
- Updated:May 24, 2026 at 10:39 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
- Levels:2 Story
Finances and disclosures
- Price:$6,800,000
- Price per sq. ft.:$497.29
Parking
- Total parking spaces:38
- Parking description:Gated
New listings near 117 S Avenue 64
- New
$4,500,000Active3 beds 2 baths5408 Russell, Los Angeles, CA 90027
MLS# DW26112019Listed by: ALLY COMMERCIAL REAL ESTATE - Open Sun, 1 to 3pmNew
$1,465,000Active3 beds 3 baths1,522 sq. ft.355 Newland, Los Angeles, CA 90042
MLS# IV26112318Listed by: COLLEEN EDWARDS, BROKER - New
$1,698,000Active3 beds 2 baths1,222 sq. ft.1745 Wellesley Avenue, Los Angeles, CA 90025
MLS# OC26112727Listed by: REALTY NETWORK - New
$679,999Active4 beds 3 baths1,631 sq. ft.11431 Tampa Avenue #84, Porter Ranch, CA 91326
MLS# SR26108424Listed by: PINNACLE ESTATE PROPERTIES, INC. - New
$1,050,000Active4 beds 3 baths2,038 sq. ft.12729 Jolette Avenue, Granada Hills, CA 91344
MLS# SW26112390Listed by: ROBIN PALIWODA, BROKER - New
$222,000Active-- beds 1 baths440 sq. ft.11813 Runnymede Street #43, North Hollywood, CA 91605
MLS# BB26109915Listed by: KELLER WILLIAMS REALTY WORLD MEDIA CENTER - Open Sun, 1 to 4pmNew
$929,500Active5 beds -- baths2,305 sq. ft.1739-1741 W 105th Street, Los Angeles, CA 90047
MLS# CV26112735Listed by: AXEN REALTY - New
$1,190,000Active4 beds 3 baths1,760 sq. ft.5317 Cronus, Los Angeles, CA 90032
MLS# MB26112636Listed by: EXCELLENCE RE REAL ESTATE - New
$2,649,000Active4 beds 4 baths2,988 sq. ft.3643 Ballina Canyon Road, Encino, CA 91436
MLS# SR26112463Listed by: CHRISTIE'S INT. R.E SOCAL - Coming Soon
$1,050,000Coming Soon4 beds 3 baths9940 Haines Canyon Avenue, Tujunga, CA 91042
MLS# DW26112610Listed by: CENTURY 21 CORNERSTONE