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212 E Imperial Hwy, Los Angeles, CA 90061
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212 E Imperial Hwy Los Angeles, CA 90061

$1,025,000 Sold Price as of 04/01/2021
  • 10 Beds
  • 7 Baths
  • 4,155 Sq.Ft.
Sold
$1,025,000 Sold Price as of 04/01/2021 Refinance Your Mortgage
Map preview of 212 E Imperial Hwy, Los Angeles, CA 90061

Property Overview: 212 E Imperial Hwy Los Angeles, CA has 10 bedrooms, 7 bathrooms, 4,155 living square feet and 9,402 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: SELLERS ARE MOTIVATED ---This property consists of 7 single story units in fair condition. Total rents collected $7,462 4 with a 4% increase rents will be $7,881. Total Expenses $ 25,834.07 Net Operating Income/ $ 62,665.93 /Rents $88,500.00 Annual All tenants are current with rents. All tenants are month to month. there are 4 - 1 bedrooms and 3- 2 bedrooms Previous owners renovated most units cover wood /stucco cover mineral & composition shingleDrywall over wood frame Wood/Carpet, average and window locks, electronic security door/rear locking entry gate access each unit has its own hot water heater standards ; electric meters . The age listed above applies to 3 buildings which consists of six Apartments, and a single home; original construction & it is constructed with a crawl space, the six apartments are on a slab foundation. All units were totally renovated prior to current owner purchase including window . Total Expenses $ 25,834.07Net Operating Income/ $ 62,665.93Net Income $ 62,665.93 /Rents $88,500.00 Annual

Listed by Mina Kupferschmidt | BRE #01515351 | Keller Williams Realty Calabasas
Last checked: 9 minutes ago | Last updated: June 6th, 2023 | Source CRMLS | DOM: 30

Home details

Lot Sq. Ft
9,402
HOA Dues
$0/mo
Year built
1955
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
21688534
City
Los Angeles
County
Los Angeles
Time on Site
1199 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 7
  • Total # of Buildings: 3
Unit Breakdown 1
  • # of Units: 3
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $972
  • Total Rent: $972
  • Pro Forma/Market Rent: $1,023
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,019
  • Total Rent: $1,019
  • Pro Forma/Market Rent: $1,019
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,190
  • Total Rent: $1,190
  • Pro Forma/Market Rent: $1,237
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,136
  • Total Rent: $1,136
  • Pro Forma/Market Rent: $1,237
Unit Breakdown 5
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Furnishing: Unfurnished
  • Actual Rent: $1,201
  • Total Rent: $1,201
  • Pro Forma/Market Rent: $1,275
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: 14.5
  • Gross Scheduled Income: --
  • Net Operating Income: $0
  • Gross Operating Income: $0
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 212 E Imperial Hwy

Interior Features
Cooling Information
  • No Cooling
  • None
Laundry Information
  • No Laundry
  • None
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Carpet
Kitchen Information
  • Has Appliances
  • Refrigerator
Interior Features
  • Window Features: Double Pane Windows
  • Security Features: Gated Community, Automatic Gate
Exterior Features
Exterior Information
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • No
  • Parking Features: None
Property Information
  • Total # of Units: 7
  • Parcel Number: 6083001030
  • Foundation Details: Slab
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: Sewer Paid
Location / Neighborhood
Location Information
  • Directions: North of 105 East of 110 freeway
View more facts & features

Local Los Angeles Agent

Sale History for 212 E Imperial Hwy

Last sold for $1,025,000 on April 1st, 2021

  • April, 2021

  • Apr 7, 2021

    Date

    Sold

    CRMLS: 21688534

    $1,025,000

    Price

  • Mar 11, 2021

    Date

    Pending

    CRMLS: 21688534

    $1,200,000

    Price

  • Mar 2, 2021

    Date

    Active

    CRMLS: 21688534

    $1,200,000

    Price

  • Feb 27, 2021

    Date

    Pending

    CRMLS: 21688534

    $1,200,000

    Price

  • Feb 25, 2021

    Date

    Price Change

    CRMLS: 21688534

    $1,200,000

    Price

  • Feb 2, 2021

    Date

    Active

    CRMLS: 21688534

    $1,300,000

    Price

  • January, 2021

  • Jan 31, 2021

    Date

    Active

    CRMLS: 21687474

    $1,300,000

    Price

  • Listing provided courtesy of CRMLS

    This property consists of 7 single story units in fair condition. 4 units are 1 bed/ 1bath and 3 units are 2 bed/ 1 bath. All units were totally renovated prior to current owners purchase including window replacement, stucco exterior, roof, ceramic tile flooring, tub wainscot, plumbing replacement, security front gate & sliding rear drive-way gates. There are onsite parking spaces for tenants and street parking. Each unit has its own water heater with separate gas and electric meters. Tenants can enter the property from Lanzit and exit onto Imperial hwy. Property is secured by block wall and security fence in front with automatic gate for cars in the rear. (Buyer to preform own Due Diligence on accuracy)

  • December, 2018

  • Dec 21, 2018

    Date

    Sold

    CRMLS: PW18270408

    $1,100,000

    Price

  • Nov 28, 2018

    Date

    Pending

    CRMLS: PW18270408

    $1,095,000

    Price

  • Nov 21, 2018

    Date

    Hold

    CRMLS: PW18270408

    $1,095,000

    Price

  • Nov 9, 2018

    Date

    Active

    CRMLS: PW18270408

    $1,095,000

    Price

  • Listing provided courtesy of CRMLS

    This property consists of 7 single story units. 4 units are 1 bed/ 1bath and 3 units are 2 bed/ 1 bath. There are onsite parking spaces for tenants and street parking. Each unit has its own water heater with separate gas and electric meters. Exterior property was recently painted and the roof is less than 15 years old. Tenants can enter the property from Lanzit and exit onto Imperial hwy. Property is secured by block wall and security fence in front with automatic gate for cars in the rear. Located just North of the 105 Fwy and East of the 110 Fwy, this neighborhood is home to over 23,000 residence. Property located in the Broadway Manchester Neighborhood of the City of Los Angeles.

  • December, 2018

  • Dec 21, 2018

    Date

    Sold (Public Records)

    Public Records

    $1,100,000

    Price

  • June, 2006

  • Jun 30, 2006

    Date

    Sold (Public Records)

    Public Records

    $759,000

    Price

Show More

Tax History for 212 E Imperial Hwy

Assessed Value (2020): $1,122,000
Year Land Value Improved Value Assessed Value
2020 $637,500 $484,500 $1,122,000

Home Value Compared to the Market

This property vs the competition

212 E Imperial Hwy sold on April 1, 2021 for 0.84% higher than the current median sold price for the city of Los Angeles which is $1,190,000. The median sold price per/sqft for Los Angeles is $755 and this home is sold at $288.81 per/sqft which puts the price per square foot 61.75% lower than the current median sale per square foot for the city of Los Angeles.

About 212 E Imperial Hwy

Detailed summary of property

212 E Imperial Hwy is a multi family that recently sold in Los Angeles, CA 90061. This multi family property offered 10 bedrooms, 7 bathrooms, roughly 4,155 living square feet, and sits on an approximately 9,402 square foot lot. 212 E Imperial Hwy was first listed on ArdentRealEstateGroup.com on February 3, 2021. The homeowner sold the property for $1,025,000. Home in Los Angeles are selling for a median price of $1,190,000 and a median price per square foot of $755. Based on Ardent Real Estate Group's Los Angeles Market Data, this home is sold 0.84% higher than the current median priced home. Local homes that are currently for sale include 1126 W 120th St, 9308 Clovis Ave and 1624 E 109th St. While the average home in Los Angeles, CA is selling in 94 days, 212 E Imperial Hwy has a days on market of 30 days. There are currently 3654 homes for sale in the Los Angeles real estate market and 2456 of them are single family homes while 1102 of them are condos and 90 are townhomes. For more information on this home for sale at 212 E Imperial Hwy Los Angeles, CA 90061 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 212 E Imperial Hwy

Public county record property details
Beds
10
Baths
7
Year built
1955
Sq. Ft.
4,090
Lot Size
9,402
Stories
--
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Los Angeles
Lot#
15
APN
6083-001-030

The source for these homes facts are from public records.

90061 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$579,000
Median List Price/Sq.Ft.
$494
Median Sold Price
$600,000
Median Sold Price/Sq.Ft.
$531
Total Inventory
30
Median Sale to List Price %
110.09%
Avg Days on Market
39
Loan Type
Conventional (33.33%), FHA (0%), VA (0%), Cash (33.33%), Other (0%)

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Recently Sold Homes Near 212 E Imperial Hwy

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Based on information from California Regional Multiple Listing Service, Inc. as of 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.

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