Property Detail

Description

732 W Imperial Hwy: a heavy cashflow multifamily offering located in the high-demand Athens neighborhood of South Los Angeles.Constructed in 1958 with a brand new roof and newly painted, this two-story building spans 6,336 square feet of rentable space and sits on a 8,845 square- foot lot zoned R3-1-CPIO. The property has also recently cleared full building code enforcement in March 2024, further underscoring its well-maintained condition.The unit mix consists of six spacious one-bedroom, one-bath units and four large two-bedroom, one-bath units. Each unit is separately metered for gas and electricity and includes its own water heater, minimizing landlord expenses, which are limited to water, common-area electricity, and trash. The building features a parking lot behind the building with 10 spaces.Strategically positioned near the 10 and 110 Freeways and within proximity to the Crenshaw/LAX rail lines, the property offers exceptional accessibility to Downtown LA, Culver City, Santa Monica, and the South Bay. With strong in- place income, operational efficiency, and meaningful rental upside, 732 W Imperial represents an ideal acquisition for investors seeking stable returns in one of South LA's most active submarkets.