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Image 1 - 726 W Imperial Hwy, Los Angeles, California, 90044 - House for sale
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W Imperial Hwy, Los Angeles, Home For Sale
726 W Imperial Hwy, Los Angeles, California, 90044

W Imperial Hwy, Los Angeles, Home For Sale

house for sale
Listed: 06/25/24

726 W Imperial Hwy, Los Angeles, California, 90044

13 Bed:
7 Bath:
4,165 Sq Ft Living Area:
Save
Price
$ 1,4M

About This House

We are pleased to present 726 W Imperial Hwy, a 6-unit value add apartment community located in the Harbor Gateway neighborhood of South Los Angeles, CA. The property is comprised of an excellent unit mix of (5) 2 bed/1Bath units and (1) 3 bed/2 Bath unit. This unique investment opportunity offers significant rental upside potential of approximately 75% with market and over 100% with Section8. Section 8 Voucher Payment Standards (per HACLA) are currently up to$3, 052for 2-bedroom units, and$3, 915for3-bedroom units as of2/2024.The gated property also sits on8, 341square feet of land zonedR3-1-CPIOwith rear alley access and parking for 7-8 vehicles. The property falls under TOC Tier 3 (up to 21 units) and is ED1 Eligible (unlimited density and …  Full description

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Los Angeles Housing & Living

Average sale prices for houses

1 bed
2 bed
3 bed
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In June 2024, the asking price for 1 bed houses for sale in/near Los Angeles, United States averaged $932,981, a decrease of 41.3% from the previous month.
Median price trends for properties for sale in Los Angeles, United States as of June 2024.

Household Income

Median household income: $62,474
Number of households: 1,4M
The average household income in Los Angeles, CA grew from $60,197 to $62,474 in the past year. This data is an estimate based upon 1,4M households in Los Angeles, CA.
The chart below presents how household income is distributed in Los Angeles, CA in comparison to the revenue allocation amid households nationally.

Property Taxes

Average range: $3k+
One of the most important aspects for property owners is the amount of property taxes. This graph shows distribution of property taxes in Los Angeles, CA compared to median property taxes around the country. The prevalent amount of property taxes in Los Angeles, CA equals $3k+ , which is more than the national average.