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Off market
  • $985,500

    225 W Imperial Hwy, Los Angeles, CA 90061

    8beds
    4baths
    3,720sqft
    MultiFamily
    Built in 1964
    -- sqft lot
    $985,500 Zestimate®
    $265/sqft
    $4,454 Estimated rent

    Home value

    $985,500

    $917,000 - $1.05M

    $4,454/mo

    Zestimate® history
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    $4,454/mo

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    $4,454/mo

    Rent Zestimate®

    Refinance and save

    $6,327/mo

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    $6,327/mo

    Est. payment

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    What's special

    It doesn't get much better than 12.67% cash on cash return! That's what a new buyer is looking at immediately after the close of escrow, period. We are pleased to introduce the sale of the 'Encore Apartments' at 225 W Imperial Hwy. The property consists of four spacious 2 bedroom apartments bringing in a steady stream of monthly income. Each unit is separately metered for gas and electricity and all tenants enjoy onsite parking. 'Encore' has undergone many recent renovations in the last year including new exterior paint and repaved common areas. Located near the 105, 110, 710, 405, and 91 freeways - tenant's are just minutes to the many significant points throughout the city. Forget parking your money in the Westside and waiting for the market to take off! Invest with the intent of making a positive cash flow today. Buy, hold, refi/sell and buy more. This is the property for you!

    This property is not currently displayed as for sale or rent on Zillow. This may be different from what's on other websites or public sources.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    • Bathrooms: 4
    Heating
    • Other
    Cooling
    • Central
    Appliances
    • Included: Range / Oven
    Interior area
    • Total interior livable area: 3,720 sqft

    Property

    Parking
    • Total spaces: 4
    Lot
    • Size: 6,471 Square Feet
    Details
    • Parcel number: 6074025034

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Roof: Other
    Condition
    • Year built: 1964

    Community & HOA

    Location
    • Region: Los Angeles

    Financial & listing details

    • Price per square foot: $265/sqft
    • Tax assessed value: $708,004
    • Annual tax amount: $9,770

    Price history

    DateEventPrice
    8/11/2017Sold$622,000+18.5%$167/sqft
    Source: Public Record Report a problem
    10/28/2014Sold$525,000$141/sqft
    Source: CLAW #14783377 Report a problem
    8/7/2014Listed for sale$525,000+90.9%$141/sqft
    Source: RE/MAX COMMERCIAL & INVESTMENT REALTY #14783377 Report a problem
    9/9/2013Sold$275,000-30.4%$74/sqft
    Source: Public Record Report a problem
    5/2/2013Listing removed$395,000$106/sqft
    Source: McCall & Associates #R1205494 Report a problem
    11/2/2012Listed for sale$395,000$106/sqft
    Source: McCall & Associates #R1205494 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$9,770 +1.7%$708,004 +2%
    2024$9,609 +3.2%$694,128 +2%
    2023$9,316 +4.5%$680,524 +2%
    2022$8,914 +1.4%$667,187 +2%
    2021$8,790 -0.9%$654,111 +1%
    2020$8,867 $647,408 +2%
    2019$8,867 +5.7%$634,720 +2%
    2018$8,391 $622,280 +14.5%
    2017$8,391 +13.1%$543,664 +2%
    2016$7,422 +2.8%$533,005 +1.5%
    2015$7,221 +70.9%$525,000 +90.9%
    2014$4,226 $275,000 +74.4%
    2012-- $157,668 +2%
    2011-- $154,578 +0.8%
    2010-- $153,423 -0.2%
    2009-- $153,789 +2%
    2008-- $150,774 +2%
    2007-- $147,819 +2%
    2006-- $144,921
    2005-- $144,921 +4%
    2004-- $139,295 +1.9%
    2003-- $136,743 +2%
    2002-- $134,062 +4%
    2000-- $128,858
    Find assessor info on the county website

    Neighborhood: Southeast Los Angeles

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $985,500
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $985,500