2938 E 60th Pl, Huntington Park, CA 90255
- $2,387,000
- 18
- BD
- 9
- BA
- 7,650
- SqFt
- List Price
- $2,387,000
- MLS#
- 24-380259
- Status
- ACTIVE
- Type
- Multifamily
- Bedrooms
- 18
- Bathrooms
- 9
- Living Area
- 7,650
Property Description
We are pleased to offer for sale a 9 unit apartment building in the city of Huntington Park. The asset consists of three 3 bedroom-1.5 bathroom and six 2 bedroom-1 bathroom units. This offering presents an opportunity for an investor to add value through management and rehabilitation in a high-density, high-demand in-fill rental market. The city of Huntington Park does not have a rent control ordinance and the owner is only bound by AB 1482, which allows for up to 8.8% rent increases annually. Situated in a very attractive, quiet pocket of Huntington Park, the building has 9 carport spaces, on-site laundry, and is separately metered for gas and electricity. The city of Huntington Park is centrally located close to the employment centers of Vernon and Downtown Los Angeles. The property enjoys close proximity to Pacific Boulevard, the city's main retail corridor.
Additional Information
- Year Built
- 1962
- Garage
- Carport Detached, Carport Attached
Mortgage Calculator
Courtesy of Kidder Mathews of California, Inc., Darin Spillman.
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