863 E Imperial Highway Los Angeles, CA 90059

$1,395,000 Price History
0.13 Acres On Site: 325 Days
Built: 1956
We are pleased to present 863 E Imperial Highway - a multifamily investment opportunity located in South Los Angeles currently operating as 11 units. As per the Certificate of Occupancy, the property is legally 7 units; however, Unit #6 is operating as 5 separate units with 5 separate leases. All additional rooms and bathrooms have permits in place(Buyer to Verify). The wood frame stucco building consists of one (1) One Bedroom / One Bath unit, one (1) Five Bedroom / Two Bath unit operating on 5 separate leases, and five (5) Two Bedroom / One Bath units. There are a total of seven (7) parking spaces. Several units have been partially renovated with laminate flooring, new paint, and new plumbing fixtures. Additionally, the structure was given a brand new roof in 2017 along with updated electrical and ADT security systems in each unit. ***Property offered for sale with 5 units located at 847 E Imperial Hwy. Preferred to be sold together, but not required.***
Status:Active
Property Type:Residential Income (Multi-Family)
MLS #:18317444
Year Built:1956
On Site:325 Days
Lot Size:0.13 Acres

Detailed Maps

Price Change History

Date Old Price New Price Percent Change
10/22/2018$1,600,000$1,395,000-12.8%

Community Information

Address:863 E Imperial Highway Los Angeles, CA 90059
Zip Code:90059

Architecture

Year Built:1956
Parking: Other

Features / Amenities

Cooling Type: See Remarks

Property Features

Lot Size: 0.13 Acres / 5759 Sq. Ft.
Zoning:LARD2
Directions:The Property is located on E Imperial Highway, between Central Avenue and Avalon Boulevard, 863 E Imperial Highway is conveniently nearby the 105 and 110 freeways and is also in close proximity to the Watts Towers Arts Center.

Tax and Financial Info

Total Expenses: 43887.00
Gross Operating Income: 142055.00

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Listing Information Last Updated 1/17/2019
Listing provided courtesy of Derrick Vartanian, Keller Williams Silicon Beach.
Based on information from California Regional Multiple Listing Service, Inc. as of 1/17/2019. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
Property Summary:
Home for sale at .

Description: The home at 863 E Imperial Highway Los Angeles, CA 90059 with the MLS Number 18317444 is currently listed at $1,395,000 and has been on the Los Angeles market for 324 days.

GeoCoordinates:
-118.2587682
33.9309859

List Price: $1,395,000

You are viewing the MLS property details of the home for sale at 863 E Imperial Highway Los Angeles, CA 90059, which includes 0 bedrooms, 0 bathrooms and has approximately 0 sq.ft. of living area.