$6,800,000
117 S Avenue 64, Los Angeles CA 90042
Multi-Family (24 Units)
Property type
115 days
On market
$497
Price per sqft
N/A
Garage
1989
Year built
11,307 sqft
Lot size
Open Houses
Overview
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...
Listing provided by: Neema Ahadian DRE #01346750 310-909-5444, Marcus & Millichap
Listing updated: Feb 18, 2026 at 08:20am.
Last checked: Jun 5, 2026 at 08:31pm
Source: CRMLS #26650001
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 16 | 1 | 1 | — | $2,034 | $32,536 | $34,160 | Unfurnished |
| 8 | 2 | 1 | — | $2,384 | $19,073 | $19,200 | Unfurnished |
# of Buildings: 1
# of Units Total: 24
Financial Snapshot
Gross Rent Multiplier
10.3x
List Price / Annual Gross Rent
Cap Rate
5.81%
NOI / List Price
Net Operating Income: $394,783
Interior
Cooling: None
Heating: None
Exterior
Stories Total: 2
Levels: Two
Garage and Parking
Parking: Gated
Garage: Attached
Parking Total: 38
Lot Information
Land Lease: No
Parcel #: 5492035033
Zoning: LARD1.5
Community
HOA: No
Senior Community: No
Nearby Schools
Nearby schools around the 117 S Avenue 64, Los Angeles, CA 90042. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$5,440,000
Total Interest
$6,938,420
Total Payment
$12,378,420
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$41,618
per month
Property History for 117 S Avenue 64
Los Angeles Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 90042.
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