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ZIP CODE 90044

17 Beds 19 Baths ACTIVE Status
Rosano Capital Partners is pleased to present 840 W ImperialHighway, a rare 19-unit investment opportunity located in theHarbor Gateway North neighborhood of South Los Angeles,CA. The building is fully occupied and has an excellent unitmix of (7) Studios, (9) 1 Bed, 1 Bath, (1) 2 Bed, 1 Bath, and (2) 3Bed, 1 Bath units. The property is comprised of one two storystructure totalling 11,172 square feet on a 14,400 square feetlot zoned LAR3. The property is currently operating with (14)section 8 tenants, providing a new owner with steady andreliable revenue. Situated just east of the corner of ImperialHwy and Vermont Ave, the immediate neighborhood offersextremely convenient living with easy access to the 105 and110 freeways, SoFi Stadium and Hollywood Park (4.5 miles),the Vermont / Athens light rail stop (0.3 miles), Los AngelesSouthwest College (0.7 miles), Space X (2.5 miles), DowntownLos Angeles, and the South Bay. South Los Angeles has seen steady growth over the pastseveral years due its relative housing affordability andconvenient proximity to Downtown Los Angeles, Sofi Stadium,USC, Culver City, and South Bay. Rents in South LA have grown significantly over the past two years with average 2-bedroommarket rents reaching $2,250-$2,350, a nearly 20% increasefrom 2020. With low vacancy rates, landlord-favored marketconditions, and numerous employment options nearby, SouthLA is poised for significant long-term growth.

840 W Imperial Hwy, Los Angeles

Courtesy of , Sagiv Rosano - CA DRE#

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