847 E Imperial Hwy

Estimated Monthly Payment: $3,990/mo 847 E Imperial Hwy, Los Angeles, CA 90059 MLS# 21-705562 Residential Income Listing Status: Active
2,620 sqft


**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


Residential Income
Garage, Uncovered








Broker Reciprocity Courtesy of Derrick Vartanian - Keller Williams Silicon Beach




The data relating to real estate for sale on this web site comes in part from the Combined L.A./Westside MLS. Real estate listings held by brokerage firms other than Keller Williams Realty/Marina-LA are marked with the IDX logo.


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Data last updated: 08/04/2021