Active

117 S Avenue 64

Los Angeles, CA 90042
Mark as Favorite
Bed 32

Bed

Bath 0

Bath

SqFt13,674

Sqft

SqFt11,307

Sqft(Lot)

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $6,800,000

AD Id : 75197778

MLS Id : 26650001

Beds : 32

Lot Size : 11,307 Sqft

Living Area Size : 13,674

Year Built : 1989

County : Los Angeles

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Feature Features

  • Bedroom Information

    Total Bedrooms: 32

    Bathroom Information

    Total Baths: 24 Full Baths: 0 Half Baths: 0
  • Cooling Features

    None Air Conditioning

    Heating Source

    None Has Heating

  • Building Information

    Year Built: 1989 Building Area Total: 13,674

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.2596
  • Lot Size Source: Assessor Lot Size Square Feet: 11307

  • Listing Price Information

    Original List Price: 6,800,000 Listing Contract Date: 2026-02-10
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 5492035033

  • Garage and Parking

    Garage Description: Gated Attached Garage: Yes

    Homeowners Association

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 632 - Highland Park Directions: Just south of York Blvd Zoning: LARD1.5 Source Property Type: Residential Income Area: 632 - Highland Park
  • Building and Construction

    Property Age: 37 Year Built Source: Vendor Enhanced Total Square Feet Living: 13674 Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
Stoll Drive, Los Angeles, CA, 90042 $1,199,999 4 3 1,586 1,586 SqFt
923 Larker Avenue, Los Angeles, CA, 90042 $1,529,000 3 2 1,722 1,722 SqFt
912 Adelante, Los Angeles, CA, 90042 $1,428,000 3 2 1,530 1,530 SqFt
1029 N Staley Lane, Los Angeles, CA, 90042 $2,179,000 4 3 2,977 2,977 SqFt
712 1/2 N Chestnut Ave, Los Angeles, CA, 90042 $1,299,000 4 4 1,957 1,957 SqFt
943 N Avenue 66, Los Angeles, CA, 90042 $1,929,000 4 3 2,899 2,899 SqFt
969 N Staley, Los Angeles, CA, 90042 $2,220,000 4 3 3,150 3,150 SqFt
829 Cooper Ave, Los Angeles, CA, 90042 $1,590,000 6 3 2,457 2,457 SqFt
932 N Avenue 65, Los Angeles, CA, 90042 $1,795,000 5 2 2,906 2,906 SqFt
6720 Ferrara Street, Los Angeles, CA, 90042 $1,148,000 6 -- 2,454 2,454 SqFt

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ByOwner last updated this listing 06/16/2026 @ 02:32

MLS: 26650001 LISTED BY: Neema Ahadian, Marcus & Millichap 310-909-5500 SOURCE: CRMLS

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