2308 Walter St, Huntington Park, CA 90255

$1,695,000
10
BD
9
BA
5,024
SqFt
Sold Price
$1,695,000
List Price
$1,695,000
Closing Date
Sep 07, 2021
MLS#
21-699320
Status
SOLD
Type
Multifamily
Bedrooms
10
Bathrooms
9
Living Area
5,024

Property Description

Walter Street Villas are a perfect value add investment located in the emerging area of Walnut Park, an unincorporated pocket adjacent to Huntington Park. The property is comprised of a total of 9 units, mostly (one bedroom) single story 'casitas' and one two bedroom unit over garages in the rear. The property has undergone some modern upgrades such as kitchen and bathroom remodels, newer windows, plumbing and electrical updates. However, this property offers a blank canvas for a new buyer to implement a creative management strategy in this emerging market. Longer term tenants all current in their rent. All units are separately metered for gas and electricity.

Additional Information

Year Built
1930
Garage
Garage

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Remax Commercial and Investment Realty, Enrique Viramontes. Selling Office: .

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