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1906 W Imperial HWY Los Angeles, CA 90047
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Key Details
Sold Price $1,465,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC20011123
Sold Date 03/12/20
HOA Y/N No
Year Built 1958
Lot Size 5,501 Sqft
Property Description
Once a lifetime opportunity to own a high profile/high cap rate free standing 6-unit apartment building in the uprising sport metropolis of Los Angeles close to the new SoFi stadium and Clippers Arena. This 6-unit apartment complex is situated in a popular location within walking distance to grocery store, restaurants and shops; easy access to I-105 and I-110; adjacent to Los Angeles Southwest College and Crenshaw Imperial Plaza; about 3 miles to the new Clippers Arena (targeted for completion by fall of 2024) and SoFi Stadium (home of the LA Rams and LA Chargers to open in the summer of 2020); a mere 15 minute local drive without traffic to LAX.
It has five sets of 2br/1ba units and one set of 1br/1ba unit. Each unit has one attached carport, plenty of free street parking. It has been well maintained by the owner with great curb appeal. Brand new roof, new windows, new exterior paint. Unit A (2br/1ba) is newly remodeled; Unit B (2br/1ba) was remodeled in 2019. Two other units were remodeled in 2015. Its location and condition makes this property a great investment. Call for details and invest in the right place at the right time.
Location
State CA
County Los Angeles
Area C36 - Metropolitan Southwest
Zoning LCR3YY
Interior
Heating NaturalGas
Fireplace No
Laundry CommonArea
Exterior
Carport Spaces 6
Pool None
Community Features StreetLights
Total Parking Spaces 6
Private Pool No
Building
Lot Description Item610UnitsAcre
Sewer PublicSewer
Water Public
New Construction No
Others
Senior Community No
Tax ID 4057017002
Acceptable Financing Cash, CashtoNewLoan
Listing Terms Cash, CashtoNewLoan
Financing Conventional
Special Listing Condition Standard
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Bought with Lucy Scott • Re/Max Luxury Properties