We are pleased to present to market as the exclusive listing agent 6215 Cedar St. a 10 unit apartment building located in Huntington Park. The property consists of two separate buildings, a seven unit in the front and a three unit in the rear with five garage spaces (one is a double car garage) underneath the building. Nine of the units are 1 bed/1 bath and one is a 2 bed/1 bath. There is community laundry on site with leased machines. Over the past few years the current ownership has fully renovated four of the one bedroom units and replaced all windows with new double pane vinyl style throughout the buildings. Rents for the unrenovated units are nearly 45% below market rate, allowing substantial upside for a new investor.
Courtesy of Younglewin Advisors, Inc., Jackson Jorgensen.