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Listed by RENE RAMIREZ • Castra Realty, Inc
$2,000,000
Est. payment /mo
4,334 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Apartment
Listing Status Active
Purchase Type For Sale
Square Footage 4,334 sqft
Price per Sqft $461
MLS Listing ID IV-25085582
Year Built 1955
Lot Size 5,586 Sqft
Property Sub-Type Apartment
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Fully occupied 7-unit multifamily investment opportunity located on a corner lot in Huntington Park. The property consists of two low-rise buildings and offers long-term tenancy with stable in-place income. Unit mix includes primarily 1-bedroom/1-bath units along with larger 2-bedroom units. Several units feature updated kitchens, remodeled bathrooms, and newer flooring. Tenants pay their own electricity with individually metered units, contributing to lower operating expenses. The property includes six on-site parking spaces, a valuable amenity in this submarket. Centrally located near schools, public transportation, major employment centers, and with convenient access to the 5, 710, and 105 freeways. Ideal for investors seeking a stable asset with long-term upside potential. Drive-by only; do not disturb occupants.
Location
State CA
County Los Angeles
Zoning HPR3YY
Interior
Heating Wall Furnace
Fireplaces Type None
Laundry See Remarks
Exterior
Parking Features Parking Space, Paved, Uncovered
Pool None
Community Features Sidewalks
Utilities Available Sewer Connected, Water Connected, Electricity Connected
View Y/N Yes
Building
Lot Description Corner Lot
Sewer Public Sewer
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Nearby Locations
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John R Thompson
Broker/Owner | License ID: 01200900
Broker/Owner License ID: 01200900