2538 Hill Street, Huntington Park, CA 90255

$988,000
List Price
$988,000
MLS#
PW23216976
Status
ACTIVE
Type
Multifamily

Property Description

This property is situated near the intersection of Broadway/Pacific. It offers a total of 5 one-bedroom units, a spacious studio, and an additional room, providing a diverse range of rental options to cater to various tenant needs. The property boasts two separate buildings. The front structure is a single-story building, emphasizing accessibility and convenience, while the rear building stands as a two-story edifice, offering versatility in accommodating diverse tenant preferences. This property benefits from its strategic location within a harmonious mix of smaller apartment complexes and single-family residences. This positioning ensures a vibrant and stable rental market. Notably, this property stands out with one of the largest parcels in the area, translating into a notably spacious and comfortable living environment for tenants. To further enhance its appeal, the front units boast an inviting patio area, providing residents with a serene and pleasant outdoor space to enjoy. Furthermore, this property presents significant potential for increased rental income. Strategic investments in fixtures and overall aesthetics provide ample room for substantial growth in rental revenue, ultimately enhancing its long-term profitability. In summary, this property represents an exceptional investment opportunity, offering a harmonious blend of practicality, growth potential, and tenant satisfaction.

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Courtesy of Justin White, Justin White.