855 E Imperial Highway Los Angeles, CA
$ 625,000
Property Attributes
  • MLS#21705650
  • TypeContingent
  • 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:
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


  • 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

AVG $660K
AVG 17
Year Built
AVG 1955
AVG 60
Data Provided by Walkscore ® not using MLS data

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