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819 W Imperial Hwy

Los Angeles CA 90044

30
28
28
14656 sq. ft.
21327 sq. ft.
Other
Currently for sale - view listing

Overview

819 W Imperial Hwy is a 28-unit multifamily property in South Los Angeles, offered at $5,100,000, or $182,143 per unit. Built in 1957, the property totals approx. 14,656 SF on a 21,321 SF lot and includes (26) 1-bdrm./1-bath units and (2) 2-bdrm./1-bath units. At current rents, the property performs at a 5.97% CAP and 9.84 GRM. The two-story property is arranged around a large central courtyard with mature palm trees, exterior walkways, and controlled access from Imperial Highway. Approx. 30 uncovered parking spaces at the rear provide substantial on-site parking and room for ADU construction (Buyer to verify), while community laundry adds another practical property amenity. Select units have been refreshed with wood-style flooring, updated kitchens, newer appliances, and clean contemporary finishes. Current monthly scheduled gross income totals approx. $43,186, compared with projected income of $49,250 per month, representing approx. 14% rental upside. At projected rents, the property is expected to perform at a 7.30% CAP and 8.63 GRM. The August 2026 rent roll also reflects 4 vacant 1-bdrm. units. The property is separately metered for gas and electricity. Located along Imperial Highway, 819 W Imperial Hwy sits down the street from Los Angeles Southwest College and provides convenient access to the 110 and 405 freeways. The property is also approx. 4 miles from Inglewood's sports and entertainment district, including SoFi Stadium, Intuit Dome, Hollywood Park, and Hollywood Park Casino, placing several of the area's largest entertainment and development projects within a short drive. 819 W Imperial Hwy brings together 28 units, a predominantly 1-bdrm. unit mix, substantial on-site parking, and a 5.97% current CAP, with additional income growth still available in the rent roll. With Los Angeles Southwest College nearby and Hollywood Park, SoFi Stadium, and Intuit Dome approx. 4 miles away, the property offers a larger-scale South Los Angeles multifamily asset with both current income and room to grow.

Features

30 bedrooms
28 bathrooms
28 carspaces
14656 sq. ft. floor area
21327 sq. ft. lot size
Other

Property history for 819 W Imperial Hwy

2015
Sold
$2,560,000
06 Apr 2015 by Hector Padilla, of Success With Integrity Realty

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