847 E Imperial Hwy Los Angeles, CA 90059

$--

5 Beds
5 Baths
2,620 Sq.Ft.

Off Market

Map preview of 847 E Imperial Hwy, Los Angeles, CA 90059

Property Overview: 847 E Imperial Hwy Los Angeles, CA has 5 bedrooms, 5 bathrooms, 2,620 living square feet and 5,769 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

847 E Imperial Hwy is currently an off market home in the city of Los Angeles. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Los Angeles has a median list price of $1,209,000. The median price per/sqft for Los Angeles is $771. With those numbers in mind, if you are looking to purchase a median priced home in Los Angeles, CA and put 20% down you will need to save up $241,800 for the down payment and will need roughly $24,180 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Los Angeles the commission could be as much as $56,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 847 E Imperial Hwy

Last sold on September 13th, 2019

September, 2021
Sep 4, 2021

Date

Withdrawn

CRMLS: 21705562

$875,000

Price
Jul 13, 2021

Date

Active Under Contract

CRMLS: 21705562

$875,000

Price
Apr 28, 2021

Date

Active

CRMLS: 21705562

$875,000

Price
Mar 27, 2021

Date

Active Under Contract

CRMLS: 21705562

$875,000

Price
Mar 16, 2021

Date

Active

CRMLS: 21705562

$875,000

Price
Listing provided courtesy of CRMLS

**847 E Imperial Hwy, 855 E Imperial Hwy, & 863 E Imperial Hwy MUST be sold TOGETHER** We are pleased to present 847 E Imperial Hwy - a 5 unit multifamily opportunity located in South Los Angeles built in 1955. The two story property consists of five (5) 1BR+1BA Units with three (3) of the units on the upper level and 2 units on the ground floor. All 5 units have hardwood floors throughout the living space and have been recently renovated with new tile flooring in every kitchen and bathroom. In addition to the flooring, three of the five units have undergone major renovations including new energy efficient windows and fixtures. The Seller has Parking Seismic Retrofit plans in place but has yet to complete the work. The property possesses a total of 9 parking spots: 3 of which are in a covered garage. Situated on a lot spanning 5,749 SF with 2,620 SF of building space, the building offers a comfortable amount of room for each unit. The offering is priced at a 6.10% CAP and 10.40 GRM, attractive rates in this active and emerging market. 847 E Imperial Hwy will surely benefit the investor with high returns, providing a premier CAP rate and low annual expenses. With historically high rental demand in the South Los Angeles Multi-Family market an investor can benefit from receiving full rental income from a recently renovated property that provides on

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September, 2019
Sep 13, 2019

Date

Sold (Public Records)

Public Records

--

Price
January, 2019
Jan 23, 2019

Date

Canceled

CRMLS: 18317466

$750,000

Price
Oct 15, 2018

Date

Active

CRMLS: 18317466

$750,000

Price
Apr 17, 2018

Date

Active Under Contract

CRMLS: 18317466

$750,000

Price
Feb 26, 2018

Date

Active

CRMLS: 18317466

$750,000

Price
Listing provided courtesy of CRMLS

We are pleased to present 847 E Imperial Hwy - a five (5) unit multifamily investment opportunity located in South Los Angeles and built in 1955. The two (2) story property consists of five (5) One Bedroom / One Bath units with three (3) of the units on the upper level and two (2) of the units on the ground floor. All five (5) units have real hardwood floors throughout the living space and have been recently renovated with new tile flooring in every kitchen and bathroom. In addition to the flooring, three (3) of the five (5) units have undergone major structural renovations including new energy efficient windows and fixtures. ***Property offered for sale with 11 units located at 863 E Imperial Hwy. Preferred to be sold together, but not required.***

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October, 2012
Oct 12, 2012

Date

Sold (Public Records)

Public Records

$349,000

Price

Tax History for 847 E Imperial Hwy

Assessed Value (2020): $465,165

Year	Land Value	Improved Value	Assessed Value
2020	$257,802	$207,363	$465,165

About 847 E Imperial Hwy

Detailed summary of property

847 E Imperial Hwy is categorized with a use code of Apartment House (5+ Units) in Los Angeles, CA 90059 and is currently off market. This property has 5 bedrooms, 5 bathrooms, roughly 2,620 living square feet, and sits on an approximately 5,769 square foot lot. Homes in Los Angeles are selling for a median price of $1,120,000 and a median price per square foot of $724. Local nearby listings include 11714 S Spring St, 151 W 110th St and 409 E 99th St. The average home in Los Angeles, CA is selling in 105 days. There are currently 4124 homes for sale in the Los Angeles real estate market and 2828 of them are single family homes while 1171 of them are condos and 118 are townhomes. If you are the homeowner and looking to sell the home at 847 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 847 E Imperial Hwy

Public county record property details

Beds: 5
Baths: 5
Year built: 1955
Sq. Ft.: 2,620
Lot Size: 5,769
Stories: --

Type: Apartment House (5+ Units)
Pool: No
Spa: No
County: Los Angeles
Lot#: 139
APN: 6072-013-014

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

$585,000

Median List Price/Sq.Ft.

$533

Median Sold Price

$615,000

Median Sold Price/Sq.Ft.

$504

Total Inventory

Median Sale to List Price %

102.52%

Avg Days on Market

Loan Type

Conventional (33.33%), FHA (16.67%), VA (0%), Cash (16.67%), Other (0%)

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(714) 706-1823

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