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2019 E Imperial Hwy
Los Angeles, CA 90059
Multifamily Property For Sale
·
12 Units
Investment Highlights
- Two Vacant Units: (1)2BD+1BA & (1)1BD+1BA
- Upside Potential:approximately 28% upside remaining in income to 2023 Section 8 Market Rents
- Strategic Location: positioned near the Willowbrook – Rosa Parks Station as well as the Harbor Freeway Station offering quick access to Downtown LA
- High Yield: in place 6.04% CAP Rate and 11.80 GRM on current rents
- Attractive Unit Mix: extremely rentable unit mix of one beds and a two bed, catering to transit oriented working-class tenants
Property Facts
| No. Units | 12 | Building Size | 3,039 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1928 |
| Building Class | C | Parking Ratio | 2.63/1,000 SF |
| Lot Size | 0.20 AC | ||
| Zoning | LARD2 | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.20 AC |
| Building Size | 3,039 SF |
| Average Occupancy | 100% |
| No. Stories | 1 |
| Year Built | 1928 |
| Parking Ratio | 2.63/1,000 SF |
| Zoning | LARD2 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 10 | $1,587 | 410 - 528 |
| 2+1 | 2 | $2,600 | 795 |
Property Taxes
| Parcel Number | 6067-013-004 | Improvements Assessment | $100,516 |
| Land Assessment | $232,908 | Total Assessment | $333,424 |
Property Taxes
Parcel Number
6067-013-004
Land Assessment
$232,908
Improvements Assessment
$100,516
Total Assessment
$333,424
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