843 E Imperial, Los Angeles, California 90059, Los Angeles, 90059 - 2 bed, 2 bath

843 E Imperial, Los Angeles, California 90059 home-pic-0
ACTIVE$1,100,000
843 E Imperial, Los Angeles, California 90059
2Beds
2Baths
2,116Sqft
6,346Lot
Year Built
1925
Close
-
List price
$1.1M
Original List price
$1.2M
Price/Sqft
$520
HOA
-
Days on market
-
Sold On
-
MLS number
IV25069359
Home ConditionGood
Features
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $1.10M(67th), sqft - 2116(42th), beds - 2(67th), baths - 2(67th).

PRICE REDUCTION!! If you're searching for a true oasis in the desert, this stunning duplex is the perfect find. Conveniently located in greater Los Angeles with easy freeway access, this property is a standout investment you’ll be proud to own. Whether you plan to live in one unit while renting the other or are looking for a prime income-generating asset, this duplex offers unbeatable value. The current owner has made significant upgrades to enhance comfort and security. Both units feature tankless water heaters, brand-new electrical systems, a new roof, copper piping, and attic fans to help keep the space cool while reducing energy costs. Additionally, high-quality, damage-resistant security doors secure both the front and back of each unit for peace of mind. A state-of-the-art security camera system provides 24/7 surveillance, ensuring the safety of the entire property. The primary unit is fully upgraded and move-in ready, boasting a beautifully redesigned kitchen, a cozy fireplace, and a uniquely styled bathroom designed for relaxation. The second unit is undergoing renovations, offering you the opportunity to complete it to your taste. The property is fully enclosed with a secure fence and a remote-access security gate, controllable from anywhere in the world. In the spacious backyard, you’ll find a three-car garage, already prewired for an easy ADU conversion if desired. Don’t miss this incredible opportunity—schedule a viewing today and discover the potential of this exceptional property!

Price History

Date
Event
Price
12/30/14
Sold
$205,000
02/22/13
Sold
$180,000
Condition Rating
Good

Despite being built in 1925, this duplex has undergone significant and recent infrastructure upgrades, including a new roof, brand-new electrical systems, copper piping, and tankless water heaters for both units. The primary unit is fully upgraded and move-in ready, featuring a beautifully redesigned kitchen and a uniquely styled bathroom. While the second unit is currently undergoing renovations and requires completion, the extensive updates to major systems and the high quality of the primary unit's renovation elevate the property's overall condition to 'Good'. The core components are functional, within their expected lifespan, and meet modern standards, even with one unit still in progress.
Pros & Cons

Pros

Income-Generating Duplex: The property is a duplex, offering excellent flexibility for owner-occupancy with rental income or as a prime income-generating investment asset.
Extensive Infrastructure Upgrades: Both units feature significant recent upgrades including tankless water heaters, brand-new electrical systems, a new roof, copper piping, and attic fans, reducing immediate maintenance concerns.
Comprehensive Security Features: Enhanced security is provided by high-quality, damage-resistant security doors, a state-of-the-art 24/7 camera system, and a fully enclosed property with a remote-access security gate.
ADU Conversion Potential: A spacious three-car garage is prewired for an easy Accessory Dwelling Unit (ADU) conversion, offering significant future value and additional income potential.
Move-in Ready Primary Unit: The primary unit is fully upgraded and move-in ready, boasting a beautifully redesigned kitchen, a cozy fireplace, and a uniquely styled bathroom.

Cons

Incomplete Second Unit Renovation: The second unit is currently undergoing renovations, requiring the buyer to complete the work and incur additional costs before it can be fully utilized or rented.
Older Property Age: Built in 1925, the property's age, despite recent upgrades, may present long-term maintenance considerations typical of historic structures.
Lack of Desirable Views & Price Adjustment: The property explicitly states 'None' for views, and a recent price reduction from $1.2M to $1.1M could indicate market resistance or a perceived lack of premium features.

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