11536 Imperial Highway
Description
-Substantial Rental Upside
-70% of Units Have Been Renovated with Paint, Flooring and New Appliances
-Potential to Add ADU Units
-Directly Across Street from New Tesla Dealership
-Nearby Retail Amenities Include Target, Starbucks & Costco Additional Property Addresses: 11540 & 11544 Imperial Highway-First Time on the Market in 45 Years
-Substantial Rental Upside
-70% of Units Have Been Renovated with Paint, Flooring and New Appliances
-Potential to Add ADU Units
-Directly Across Street from New Tesla Dealership
-Nearby Retail Amenities Include Target, Starbucks & Costco Additional Property Addresses: 11540 & 11544 Imperial Highway
- Listed by Peter Gillin • DRE #01433769 • Brokerage DRE #01220368 • Morgan Skenderian • pdg@morganskenderian.com
Property Details for 11536 Imperial Highway
Property Details for 11536 Imperial Highway
| Status | Active |
|---|---|
| MLS # | PW24212735 |
| Days on Market | 31 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income |
| Year Built | 1960 |
| County | Los Angeles County |
Building Information for 11536 Imperial Highway
Property Information for 11536 Imperial Highway
- Tenant Pays: Electricity
- Gross Income: $629,580
- Gross Scheduled Income: $629,580
- Vacancy Allowance Rate: 3
- Gross Operating Income: $610,693
- Net Operating Income: $389,319
- Number Of Rented Garages: 10
- Garage Income: $10,560
- Laundry Income: $18,000
- Other Income 1: $1,200
- Gross Multiplier: 10.17
- Cap Rate: 6.1
- Current Financing: None
- Operating Expense: $221,374
- New Taxes Expense: $75,353
- Gardener Expense: $4,800
- Fuel Expense: $7,600
- Electric Expense: $1,700
- Insurance Expense: $20,762
- Maintenance Expense: $37,775
- Professional Management Expense: $25,183
- Trash Expense: $6,225
- Water Sewer Expense: $6,015
- Total Expenses: $221,374
- Tax Annual Amount: $75,353
- Tax Tract Number: 009
- CFD/Mello-Roos Fee: $8,478
- Tax Lot: 012
- Community Features: Sidewalks, Storm Drains
- Laundry: Yes
- Laundry Features: Community
- Laundry Equipment Own Lease: Own
- Fireplace Features: None
- Fireplace Rooms: None
- Cooling: Wall/Window Unit(s)
- Heating Type: Wall
- Heating: Wall Furnace
- Security Features: Automatic Gate, Resident Manager
- Security: Automatic Gate
- Entry Location: Ground Floor
- Fence: Yes
- Fencing: Excellent Condition
- View Description: None
- Pool Features: None
- Pool Description: None
- Pool: N/K
- Spa Features: None
- Additional Parcels Description: 8048009013
- Lot Features: 36-40 Units/Acre
- Number Of Units: 28
- Land Lease: No
- Land Lease Type: Fee
- Levels: Two
- Water: Public
- Sewer: Public Sewer
- Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Electric: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Water Source: Public
- Garage Spaces: 0
- Parking: Yes
- Parking Garage: Assigned, Uncovered
- Uncovered Spaces: 42
- Open Other Spaces Total: 42
- Parking Garage Spaces: 0
- Carport Spaces: 0
- Parking Features: Assigned, Uncovered
- Unit Type Units Total: 27
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,758
- Unit Type Total Rent: $47,475
- Unit Type Pro Forma: 55350
- Unit Type Type: 1
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $2,500
- Unit Type Total Rent: $2,500
- Unit Type Pro Forma: 2500
- Unit Type Type: 2
- Number Of Units Leased: 28
- Rent Controlled: No
- Number Of Buildings: 3
- Number Of Separate Electric Meters: 31
- Number Of Separate Gas Meters: 3
- Number Of Separate Water Meters: 1
Property History for 11536 Imperial Highway
| Date | Event & Source | Price | Appreciation |
|---|
| Date | Event & Source | Price |
|---|
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 11536 Imperial Highway
Schools near 11536 Imperial Highway
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 9 to 12 |
Rating | School | Distance |
|---|---|---|
Julia B. Morrison Elementary School PublicK to 5 | ||
Corvallis Middle School Public6 to 8 | ||
Norwalk High School Public9 to 12 | ||
El Camino High (Continuation) School Public9 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
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Listing Courtesy of Morgan Skenderian, Peter Gillin, DRE #01433769
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.