Huge Price reduction , for a fast sale. WAW 7% CAP Rate with potential increase the cap to 11% (after converting the garages into ADU). Amazing Investment opportunity 7-unit building in the city of Huntington Park. The property is on a raised foundation for easy access to maintenance. The property consists of 3 One-bedrooms and 4 Studios all individually metered. All units have been upgraded with luxury flooring, white wood cabinets, and white quartz countertops(See Pictures). The Property is ocuipied with month to month tenants . .The property also has 4 car garage spaces with potential to be converted into ADUs for extra income.
MLS# | DW24232905 |
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Listing Type | For Sale |
Style | Mixed Use |
Sub-Type | Resale |
Status | Active |
Year | 1938 |
Days On Site | 189 |
Listing Provided By | Excellence RE Real Estate 562-299-9201 | Suhaila Sabir |
SQ Feet | 2,600 |
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Garage | 4 |
Story(s) | 1 |
Units | 7 |
Building(s) | 2 |
Zoning | HPCN* |
Acreage | 0.12 |
State | CA |
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County | Los Angeles |
City | Huntington Park |
Zip Code | 90255 |
Area | T1 Vernon | Maywood | Hunt Pk & Bell | N of Florenc |
Listing VS Median (in 90255) | |
Price: $1,668,000 low | high Med: $785,000 SqFt: 2,600 low | high Med: 1,974 $ / SqFt: $642 low | high Med: $398 On site: 189 low | high Med: 99.000000 |