Eco Friendly
847 E Imperial Highway Los Angeles, CA
$ 875,000
Property Attributes
  • MLS#21705562
  • TypeContingent
  • CityLos Angeles
  • AreaMetropolitan South
  • Zip90059
  • Style
  • Price$ 875,000
  • Bedrooms5
  • Full Bathrooms5
  • Half Bathrooms0
  • Sqr Footage2620
  • Lot Size5,769 SqFt
Listing Provided Courtesy Of:
Derrick Vartanian with Keller Williams Silicon Beach
Data Source:
Combined LA/Westside MLS (CLAW) - 318 - CA
Property Description

**847 E Imperial Hwy, 855 E Imperial Hwy, & 863 E Imperial Hwy MUST be sold TOGETHER** We are pleased to present 847 E Imperial Hwy - a 5 unit multifamily opportunity located in South Los Angeles built in 1955. The two story property consists of five (5) 1BR+1BA Units with three (3) of the units on the upper level and 2 units on the ground floor. All 5 units have hardwood floors throughout the living space and have been recently renovated with new tile flooring in every kitchen and bathroom. In addition to the flooring, three of the five units have undergone major renovations including new energy efficient windows and fixtures. The Seller has Parking Seismic Retrofit plans in place but has yet to complete the work. The property possesses a total of 9 parking spots: 3 of which are in a covered garage. Situated on a lot spanning 5,749 SF with 2,620 SF of building space, the building offers a comfortable amount of room for each unit. The offering is priced at a 6.10% CAP and 10.40 GRM, attractive rates in this active and emerging market. 847 E Imperial Hwy will surely benefit the investor with high returns, providing a premier CAP rate and low annual expenses. With historically high rental demand in the South Los Angeles Multi-Family market an investor can benefit from receiving full rental income from a recently renovated property that provides on

Price History
3/16/2021 Listed $875,000

General Features

Co-Listing Agent State License # 01483131
Co-listing Agent Jonathan Prakash - BRE#01483131
Cooling Wall/Window Unit(s)
Garage Y/N Yes
Heating Wall Furnace
Listing Agent Derrick Vartanian - BRE#01816119
Listing Agent State License 01816119
MLS Area C37 - Metropolitan South
Property Type Residential Income
Special Listing Conditions Standard
Status Active Under Contract
Total Units 5
Zoning LARD2

Interior Features

Air Conditioning Y/N Yes
Heating Y/N Yes

Exterior Features

Lot Dimensions 50x115
Lot Size Acres 0.13
Lot Size Area 5769
Lot Size Source Assessor
Lot Size Square Feet 5769
Lot Size Units Square Feet
Number of Buildings 1
Parking Features Garage, Uncovered


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Contingent Average in 90059

AVG $650K
AVG 26
Year Built
AVG 1940
AVG 60
Data Provided by Walkscore ® not using MLS data

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