Address
855 E Imperial Highway Los Angeles, CA
Price
$ 625,000
Property Attributes
- MLS#21705650
- TypeContingent
- CountyLOS ANGELES
- CityLos Angeles
- AreaMetropolitan South
- Zip90059
- Style
- Price$ 625,000
- Bedrooms2
- Full Bathrooms2
- Half Bathrooms0
- Lot Size5,663 SqFt
Listing Provided Courtesy Of:
Derrick Vartanian with Keller Williams Silicon Beach
Data Source:
CLAW
Property Description
We are pleased to present 855 E Imperial Hwy - a two (2)unit multifamily investment opportunity located in South Los Angeles and built in 1910. The two (2) story property consists of two (2) Three Bedroom / One Bath units and features a strong CAP rate of 9.01% and a GRM of 8.07 on current rents. Also, the property has 6 parking spaces which could potentially be rented out for additional income.Located just blocks from the 105 and 110 freeways between Central Avenue and Avalon Boulevard, the location of the offering allows for easy access to nearby freeways and shopping center to accommodate for daily needs.Further, the subject property may be eligible for an ADU(s) and would provide an owner with a great opportunity to add units to the lot in order to maximize the value of this asset (BUYER TO VERIFY).
| Price History | |
|---|---|
| 3/16/2021 | Listed $625,000 |
General Features
| Cooling | None |
|---|---|
| Heating | Wall Furnace |
| MLS Area | C37 - Metropolitan South |
| Parking Features | Driveway, Uncovered |
| Property Type | Residential Income |
| Total Units | 2 |
| Zoning | LARD2 |
Interior Features
| Heating Y/N | Yes |
|---|---|
| Laundry Features | Inside |
Exterior Features
| Lot Size Acres | 0.13 |
|---|---|
| Lot Size Area | 5770 |
| Lot Size Source | Assessor |
| Lot Size Square Feet | 5770 |
| Lot Size Units | Square Feet |
| Number of Buildings | 1 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 90059
Price
Visits
Year Built
Walkscore
The MLS™ Combined LA/Westside MLS® (CLAW): All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers
