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28-Unit Courtyard Apartment Building
New
For Sale
$5,100,000

819 W Imperial Highway, Los Angeles, CA 90044

Two-story residences surround a central courtyard, with controlled entry, rear parking, and community laundry.

Property Size14,656 SF
Lot Size0.49 Acres
Price / SF$347.98
Days on Market7

Property Features for 819 W Imperial Highway

General Information

Standard status Active
Size 14,656 SF
Total Parking Spaces 30
Lot size 0.49 Acres
Property subtype Multi-family

Financials

Asking Price $5,100,000
Cap Rate 5.97%
Gross Income $518,232
Gross Rent Multiplier 9.84

Site & Location

Highway Access Yes
Road Access Yes
Utilities to Site Yes

Units

Unit Mix 26 x 1BR/1BA, 2 x 2BR/1BA
Multifamily Units 28

Amenities

central courtyard
community laundry

Building Details

Year Built 1957
Stories 2
Listing Agency: Compass
Listed By: Max Berger · License #02054048
Source: Sevengables
Added: Oct 7 Changed: Oct 11 Last Checked: Oct 12 at 8:53PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass

Investment Insights

Based on property information with market context.

This 28-unit apartment property was built in 1957 and contains approximately 14,656 square feet on a 21,321-square-foot lot. The two-story layout includes 26 one-bedroom, one-bath units and two two-bedroom, one-bath units, arranged around a central courtyard with exterior walkways and controlled access. Community laundry serves residents, and approximately 30 uncovered spaces are located at the rear. Select apartments have wood-style flooring, updated kitchens, newer appliances, and refreshed finishes. Gas and electricity are separately metered. The property’s current performance is stated at a 5.97% CAP and 9.84 GRM; projected performance is 7.30% CAP and 8.63 GRM. The August 2026 rent roll lists four vacant one-bedroom units.

The property fronts Imperial Highway in South Los Angeles, near Los Angeles Southwest College, with access to the 110 and 405 freeways. Inglewood’s sports and entertainment district, including SoFi Stadium, Intuit Dome, Hollywood Park, and Hollywood Park Casino, is approximately 4 miles away.

Key Highlights

  • 28 apartments: 26 one‑bedroom/one‑bath units and 2 two‑bedroom/one‑bath units
  • Approximately 14,656 SF of building area on a 21,321 SF lot
  • 5.97% current CAP and 9.84 GRM; projected performance is 7.30% CAP and 8.63 GRM

Property Analytics

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Current Use

Imperial lounge Apartment Building

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Skin Care Clinic Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

28
Residential units
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

632
Businesses Nearby

Demographics for 90044, CA

94,354
Population
28,770
Households
3.3
Avg Household Size
33
Median Age
11%
College-Educated
64%
High-School Grad
5.1 sq mi
ZIP Area
18,501
Density / Sq Mi
$51,433
Median Household Income
$32,426
Median Earnings
$1,427
Median Rent
$588,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Two-story residences surround a central courtyard, with controlled entry, rear parking, and community laundry.
Where is this apartment building located?
The property is located at 819 W Imperial Highway Los Angeles, CA.
What is the asking price?
The asking price for this property is $5,100,000.
What are key features of this property?
This property features: 28 apartments: 26 one‑bedroom/one‑bath units and 2 two‑bedroom/one‑bath units; Approximately 14,656 SF of building area on a 21,321 SF lot; 5.97% current CAP and 9.84 GRM; projected performance is 7.30% CAP and 8.63 GRM
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