1711 E Imperial Highway
Los Angeles, CA, 90059
$779,000
MLS: P1-26374
Beds
5
Baths
4
Sq Ft
2,772
Lot
0.13 ac
Year Built
1925
MLS #
P1-26374
Days on Market
21
Listed
Mar 23, 2026
Description
INVESTOR OPPORTUNITY. This fourplex is set in the heart of the vibrant Watts neighborhood in Los Angeles CA on a spacious lot, zoned RD2-1. The two upstairs units will be delivered vacant, which is ideal for investors that are ready to capture market rent with new lease agreements. Investors looking to own & occupy have an opportunity to collect rent from the other three units. The four unit projected gross rent is $90,000 annually. An owner occupant can leverage the projected gross rent from the other units which is estimated at $64,800 annually. Explore the potential for building new units on this wide and deep 5,503 sq/lot. One of the upstairs units includes two bedrooms and an open floor plan that was remodeled in 2024 with new floors, new paint and recessed lighting. This is a gated and secure building with long term tenants in the two ground-level units and they are good neighbors. Those two ground-level units have washer/dryer connections. The RSO Certificate is valid. Each unit includes two parking spaces in tandem in the rear. This Watts community is rich with history that includes the Martin Luther King Jr. Community Hospital and the Charles R. Drew University of Medicine & Science, both are just around the corner. The Willowbrook/Rosa Parks Metro Station is just down the street. Hawkins House of Burgers is another historic hot-spot and it's walking distance from this fourplex. The Magic Johnson Park & Rec Center is nearby as well plus the iconic Watts Towers Arts Center. The Watts Neighborhood Council continues to make improvements to this community. There is quick access to the 110 and 105 freeways.
Location
Los Angeles, Los Angeles County, CA 90059
Open on Google Maps ↗Listed by: Marc Ellis · Keller Williams Realty
Payment estimate
$5,711
/ month (est.)
Principal, interest, taxes, and insurance + PMI. Down payment: $77,900 · Loan: $701,100
- Principal & Interest
- $4,308
- Property tax (1.25%)
- $811
- Homeowners insurance
- $300
- Mortgage insurance
- $292
Login required. The full tool supports FHA / VA / USDA, PMI by credit tier, lender fees, and total cash to close — with your inputs here carried over.
Today's Rates
As of Apr 23, 2026
- 30-year fixed
- 6.23%
- 15-year fixed
- 5.58%
Source: Freddie Mac Primary Mortgage Market Survey (PMMS). Updated weekly.
Financing Options
FHA Financing — 3.5% Down＋
First-time and repeat buyers can purchase this Los Angeles home with as little as 3.5% down using an FHA loan — roughly $27,265 down. FHA loans feature flexible credit guidelines and government-backed rates, making homeownership accessible for buyers who haven't saved a large down payment. Seller concessions up to 6% of the purchase price are also allowed.
★#1 Producing Individual Realtor — Antelope Valley
Only large teams outsell Mike Watson · Keller Williams Realty
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