6826 Newell St, Huntington Park, CA 90255

$745,000
4
BD
3
BA
1,838
SqFt
Sold Price
$745,000
List Price
$725,000
Closing Date
Jul 11, 2022
MLS#
22-161039
Status
SOLD
Type
Multifamily
Bedrooms
4
Bathrooms
3
Living Area
1,838

Property Description

We are pleased to present a lovely Triplex located in a growing neighborhood of Huntington Park. This listing features a desirable single-story construction with TWO 1 Bedroom + 1 Bathroom units and ONE 2 Bedroom + 1 Bathroom unit. Tenants enjoy the convenience of on-site garage parking. The property consists of a 1,838 Square Foot building on a 6,807 Square Feet Lot Zoned HPR1*. This investment property boasts a tremendous value-add opportunity which includes a +/-50% Rental Upside Potential. The current use makes this property eligible for a 30 year fixed residential financing. This triplex is located down the block from the Lucille Roybal Allard Elementary School and within walking distance to the Salt Lake Park and the city's Parks and Recreation. Close to many Shopping Centers within the immediate area. The property falls between Bell and Maywood. Short Commute to all the major freeways. All units are occupied, please do not disturb tenants.

Additional Information

Year Built
1951
Garage
Garage

Mortgage Calculator

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Calculator source: Real Geeks

Courtesy of Remax Commercial and Investment Realty, Shant Sherbetdjian. Selling Office: .

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