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708 E Imperial Hwy, Los Angeles, CA 90059
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708 E Imperial Hwy Los Angeles, CA 90059

$499,000 Sold Price as of 10/17/2019
  • 4 Beds
  • 2 Baths
  • 1,750 Sq.Ft.
Sold
$499,000 Sold Price as of 10/17/2019 Refinance Your Mortgage
Map preview of 708 E Imperial Hwy, Los Angeles, CA 90059

Property Overview: 708 E Imperial Hwy Los Angeles, CA has 4 bedrooms, 2 bathrooms, 1,750 living square feet and 4,940 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: PRICED TO SELL!! A MUST SEE!!! The property has been well maintained and is in a nice quiet neighborhood, located close to schools, public transportation, shopping and freeways this is a great income or owner user property. MINUTES AWAY FROM THE NEW RAMS STADIUM! and the new JOHN LUCAS MUSEUM! Please do not disturb tenants.

Listed by Rashad Ryans | BRE #01749177 | Elite Realty Executives
Last checked: 10 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 176

Home details

Lot Sq. Ft
4,940
HOA Dues
$0/mo
Year built
1952
Garage
2 Car
Property Type:
Multi Family
Status
Sold
MLS#
OC19056870
City
Los Angeles
County
Los Angeles
Time on Site
1220 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 2
  • Total # of Buildings: 1
  • # of Leased Units: 2
  • # of Electric Meters: 2
  • # of Gas Meters: 2
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,390
  • Total Rent: $1,390
  • Pro Forma/Market Rent: $1,650
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,390
  • Total Rent: $1,390
  • Pro Forma/Market Rent: $1,650
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $36,912
  • Net Operating Income: $28,922
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $7,990
  • New Taxes: $5,630
  • Trash: $600
  • Insurance: $800
  • Water/Sewer: $960

Property Details for 708 E Imperial Hwy

Interior Features
Laundry Information
  • Has Laundry
  • See Remarks
Interior Features
  • Levels: One
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 2
  • # of Parking Spaces: 2
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
Property Information
  • Common Walls: 1 Common Wall
  • Total # of Units: 2
  • Parcel Number: 6072010003
  • Year Built Source: Assessor
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Google Maps
Neighborhood Information
  • Community Features: Urban
View more facts & features

Local Los Angeles Agent

Sale History for 708 E Imperial Hwy

Last sold for $499,000 on October 17th, 2019

  • October, 2019

  • Oct 17, 2019

    Date

    Sold

    CRMLS: OC19056870

    $499,000

    Price

  • Sep 17, 2019

    Date

    Pending

    CRMLS: OC19056870

    $499,900

    Price

  • Aug 3, 2019

    Date

    Price Change

    CRMLS: OC19056870

    $499,900

    Price

  • Jul 3, 2019

    Date

    Price Change

    CRMLS: OC19056870

    $509,000

    Price

  • Jun 23, 2019

    Date

    Price Change

    CRMLS: OC19056870

    $515,000

    Price

  • Jun 13, 2019

    Date

    Price Change

    CRMLS: OC19056870

    $505,000

    Price

  • May 23, 2019

    Date

    Price Change

    CRMLS: OC19056870

    $535,000

    Price

  • May 17, 2019

    Date

    Price Change

    CRMLS: OC19056870

    $520,000

    Price

  • Mar 22, 2019

    Date

    Price Change

    CRMLS: OC19056870

    $535,000

    Price

  • Mar 15, 2019

    Date

    Active

    CRMLS: OC19056870

    $549,000

    Price

  • October, 2019

  • Oct 17, 2019

    Date

    Sold (Public Records)

    Public Records

    $499,000

    Price

  • March, 2017

  • Mar 23, 2017

    Date

    Sold

    CRMLS: PW17026221

    $420,000

    Price

  • Feb 28, 2017

    Date

    Active Under Contract

    CRMLS: PW17026221

    $450,000

    Price

  • Feb 8, 2017

    Date

    Active

    CRMLS: PW17026221

    $450,000

    Price

  • Listing provided courtesy of CRMLS

    2 UNITS - GREAT INVESTMENT! Front unit- has 2 bedrooms and 1 bath & Back unit- has 2 bedrooms and 1 bath. The property has a nice lot and back Yard. Buyer can live in one and rent the other. Near 105 fwy, 110 fwy, Lynwood, South Gate & Downtown LA. Must see to appreciate. LOCATION LOCATION LOCATION !!!!!!!!!!!!!!

  • March, 2017

  • Mar 22, 2017

    Date

    Sold (Public Records)

    Public Records

    $420,000

    Price

Show More

Tax History for 708 E Imperial Hwy

Assessed Value (2020): $499,000
Year Land Value Improved Value Assessed Value
2020 $350,000 $149,000 $499,000

Home Value Compared to the Market

This property vs the competition

708 E Imperial Hwy sold on October 17, 2019 for 57.99% lower 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 $285.66 per/sqft which puts the price per square foot 62.16% lower than the current median sale per square foot for the city of Los Angeles.

About 708 E Imperial Hwy

Detailed summary of property

708 E Imperial Hwy is a multi family that recently sold in Los Angeles, CA 90059. This multi family property offered 4 bedrooms, 2 bathrooms, roughly 1,750 living square feet, and sits on an approximately 4,940 square foot lot. 708 E Imperial Hwy was first listed on ArdentRealEstateGroup.com on January 13, 2021. The homeowner sold the property for $499,000. 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 57.99% lower than the current median priced home. Local homes that are currently for sale include 2552 N California St, 555-567 Ramona Ave and 1241 W 6th St. While the average home in Los Angeles, CA is selling in 94 days, 708 E Imperial Hwy has a days on market of 176 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 708 E Imperial Hwy Los Angeles, CA 90059 contact Ardent Real Estate Group and we will put you in touch with one of our Los Angeles agents.

Public Facts for 708 E Imperial Hwy

Public county record property details
Beds
4
Baths
2
Year built
1952
Sq. Ft.
1,750
Lot Size
4,969
Stories
--
Type
Duplex (2 Units, Any Combination)
Pool
No
Spa
No
County
Los Angeles
Lot#
160
APN
6072-010-003

The source for these homes facts are from public records.

90059 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$574,999
Median List Price/Sq.Ft.
$523
Median Sold Price
$690,000
Median Sold Price/Sq.Ft.
$650
Total Inventory
40
Median Sale to List Price %
99.28%
Avg Days on Market
38
Loan Type
Conventional (11.11%), FHA (55.56%), VA (11.11%), Cash (0%), Other (22.22%)

Thinking of Selling?

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Thinking of Selling?
Call, Text or Message
(714) 706-1823

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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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