151 W Imperial Hwy - Apartments FOR SALE


Los Angeles, CA 90061- Canndu/Avalon Gardens
$1,088,000 USD
310-508-7155
151 W Imperial Hwy, Los Angeles, CA for Sale
$1,088,000 USD
Apartments - FOR SALE
1/16
null | 8.63% Cap Rate

151 W Imperial Hwy
Los Angeles, CA 90061
Canndu/Avalon Gardens


HIGHLIGHTS

  • Adjacent to 110 Fwy and 105 Fwy
  • Open space room to grow

OVERVIEW

Welcome to 151 W Imperial Hwy, an excellent investment property in Los Angeles that offers a reliable and steady stream of income. This property is ideal for a 1031 exchange, allowing you to defer capital gains taxes from the sale of your current property and reinvest those funds into this highly desirable investment property. 151 Imperial features 5 fully occupied units, with tenants who consistently pay rent on time. The property has been updated with new interior and exterior paint, making it modern and appealing to potential tenants. Additionally, the property is conveniently located near major freeways, offering easy commutes for tenants. The front house is a spacious standalone bungalow unit with its own private side yard. The Front Unit has a recently replaced roof while the rear unit's roof is approximately 10 years old and in great condition. With ample parking and a reliable tenant base, 151 Imperial is an attractive option for any savvy investor looking to maximize their returns. Don't miss this opportunity to invest in a property that offers both convenience and financial stability, Contact us today to schedule a viewing and learn more about how 151 Imperial can benefit your investment portfolio.

FOR SALE DETAILS

PRICE

$1,088,000 USD

PRICE/SF

$323 USD /SF

# OF UNITS

5

PRICE/UNIT

$217,600

CAP RATE

8.63%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1927

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.15 AC

LAND SF

6,508 SF

ZONING

RD2

APN/PARCEL ID

6074-025-041

ASK ABOUT THIS PROPERTY

Noe BlancoRE/MAX ALLIANCE GROUPMore Info
310-508-7155

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Noe BlancoRE/MAX ALLIANCE GROUPMore Info
310-508-7155

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.