$1,185,0002075 E Imperial Hwy

2075 E Imperial HwyLos Angeles, CA, 90059

$1,185,000

Est. Monthly Price:

House
Schools Nearby

Trend Report

Listing Prices For All Homes in Los Angeles

This Home$1.1M
$1.6K$250.0M

The Median List Price for All Homes in Los Angeles is $886.9K

Based on homes listed in the last 12 months

See Full Trend Report

Facts and Features

Home TypeOther
ParkingGarage, On Site, Paved
Year Built1929
CoolingOther
FireplaceNone
MLS #SR21203807
StatusActive

Description

We are proud to offer for sale – for the first time in 19 years, Imperial Homes & Apartments. This unique investment opportunity is located at 2075 E Imperial Highway. Imperial Homes & Apartments is a multifamily community totaling 6 garden-style units comprised of 3 separate structures including 2 detached homes & a 4-unit apartment building. The homes were built in 1922 & 1929 and the fourplex was built in 1949. The fourplex is 2 stories and offers four spacious one-bedroom/one-bath units and a laundry room at the rear of the structure. The front house is a large single story three-bedroom/ 1.5 bath with attached garage. The rear home is a spacious single story three-bedroom/two-bath currently vacant and in need of significant rehab. The structures are wood frame with painted stucco exterior. Roofing for both homes is pitched and flat for the fourplex. The total building square feet is +/- 6,099 on a large +/- 18,686 square foot lot zoned LARD2. The lot is in an Opportunity Zone and designated Transit Oriented Communities (TOC) Tier 3! The exterior apartment building and front house were painted along with the windows being upgraded. Four of the 6 units have been renovated to different degrees. There was electrical and roof work done throughout the apartment building and front home. Common area amenities include laundry room, plenty of on-site parking and massive backyard. 2075 E Imperial Hwy is located in Watts, Los Angeles, CA south of Santa Ana Blvd., north of the 105 and east of Willowbrook Ave. Nearby destinations include California Science Centers, coffee shops, grocery stores, parks & recreation center. The closest grocery story is Pink Store Market and nearby coffee shops include Watts Coffee House, Donut Town & Water, Café Oaxaca, Dulce Vida, & Starbucks. Low vacancy rates in Watts coupled with continued low interest rates have led to multifamily investment properties becoming a highly attractive asset class. With many units at below market rents amidst a thriving rental market, 2075 E Imperial Hwy offers astute investors significant rental upside potential of roughly 21.9%.

Interior Features

  • Fireplace: None

Exterior Features

  • Parking: Garage, On Site, Paved
  • Lot Size: 0.43 Acres

Utilities

  • Cooling: Other

Other

  • Originating MLS: CRMLS
  • MLS Number: SR21203807
  • Directions: 2075 E. Imperial Hwy, Los Angeles, CA 90059
  • Listing Office: Keller Williams Realty Calabasas
  • Listing Agent: Raymond Rodriguez

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.

Last updated on: 9/26/2021, 11:25:14 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

What's it like to live at 2075 E Imperial Hwy, Los Angeles, CA, 90059?

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest.

Elementary

3

Grape Street Elementary School Grape Street Elementary School url

1940 E 111th St0.34 mi

Public District KG-5

9

Melrose Avenue Elementary School Melrose Avenue Elementary School url

731 N Detroit St12.43 mi

Public Magnet KG-6

8

Point Fermin Elementary School Point Fermin Elementary School url

3333 S Kerckhoff Ave15.22 mi

Public Magnet KG-5

Middle

2

Edwin Markham Middle School Edwin Markham Middle School url

1650 E 104th St1.02 mi

Public Magnet 6-8

4

Studio Studio url

2211 W Avenue 3012.09 mi

Public District 6-8

1

Bunche Middle School Bunche Middle School url

12338 S Mona Blvd0.71 mi

Public District 6-8

High

2

David Starr Jordan Senior High School David Starr Jordan Senior High School url

2265 E 103rd St1.05 mi

Public District 9-12

8

Math, Science, & Technology Magnet Academy at Roosevelt High School Math, Science, & Technology Magnet Academy at Roosevelt High School url

456 S Mathews St7.57 mi

Public Magnet 9-12

7

Daniel Pearl Journalism & Communications Magnet Daniel Pearl Journalism & Communications Magnet url

6649 Balboa Blvd23.68 mi

Public Magnet 9-12

All data from Great Schools

What Are The Neighbors Like?

All data provided by Home Junction and Claritas

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Rocket HomesCaliforniaLos Angeles CountyLos Angeles900592075 E Imperial Hwy

This home is located at 2075 E Imperial Hwy in Los Angeles, CA and zip code 90059. This home, which was built in 1929, sits on a 0.43 acre lot. It has been listed on Rocket Homes since September 15, 2021 and is currently priced at $1,185,000. The neighbors living near this home have an average income of $30,200.

The number of homes for sale in Los Angeles, CA decreased by 1.9% between July 2021 and August 2021. In August 2021, listings were on the market for 70 days. During the same period, the median list price in this real estate market was $886,924. Residents of Los Angeles, CA typically earn less than $35k each year. Most families are single, with kids. The most common level of education of people living in this area is high school diploma.

Info IconFrom Rocket Homes Real Estate and based on county public records data.