This Multifamily Property is no longer advertised on LoopNet.com.
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 |
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 |
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 | $98,546 |
Land Assessment | $228,342 | Total Assessment | $326,888 |
zoning
Zoning Code | LARD2 |
Learn More About Investing in Apartment Buildings
Listing ID: 28363307
Date on Market: 5/1/2023
Last Updated:
Address: 2019 E Imperial Hwy, Los Angeles, CA 90059
The Mid-Cities Multifamily Property at 2019 E Imperial Hwy, Los Angeles, CA 90059 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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