Quick Real Estate Search

Homes for Sale

ZIP CODE 90044

$4,100,000
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#

The information being provided by CARETS (CLAW, CRISNet MLS, DAMLS, CRMLS, i-Tech MLS, and/or VCRDS)is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identifyprospective properties visitor may be interested in purchasing.Any information relating to a property referenced on this web site comes from the Internet Data Exchange (IDX)program of CARETS. This web site may reference real estate listing(s) held by a brokerage firm other than thebroker and/or agent who owns this web site.The accuracy of all information, regardless of source, including but not limited to square footages and lot sizes, isdeemed reliable but not guaranteed and should be personally verified through personal inspection by and/or withthe appropriate professionals. The data contained herein is copyrighted by CARETS, CLAW, CRISNet MLS,DAMLS, CRMLS, i-Tech MLS and/or VCRDS and is protected by all applicable copyright laws. Any disseminationof this information is in violation of copyright laws and is strictly prohibited.CARETS, California Real Estate Technology Services, is a consolidated MLS property listing data feed comprisedof CLAW (Combined LA/Westside MLS), CRISNet MLS (Southland Regional AOR), DAMLS (Desert Area MLS),CRMLS (California Regional MLS), i-Tech MLS (Glendale AOR/Pasadena Foothills AOR) and VCRDS (VenturaCounty Regional Data Share).