Look No Further! Introducing 2616 Broadway Ave! Excellent opportunity to own an 8-unit multifamily property in the heart of Huntington Park. Situated on an 8,982 SF lot with approximately 5,317 SF of building area, this income-producing property features a desirable unit mix of (1) 2-bedroom/1.5-bath unit, (5) 1-bedroom/1-bath units, and… Read More (2) studio units.
Currently generating approximately $10,450 per month in rental income, the property offers immediate cash flow with upside potential through future rent growth. Conveniently located near shopping, schools, public transportation, and major freeways, making it an attractive option for tenants and investors alike.
Whether you’re looking to expand your portfolio or acquire your first multifamily property, this is a great opportunity to own a well-located asset with strong long-term potential. Read Less
Property listed by Century 21 Jervis & Associates, Yehia Zakaria 310-259-7556
Listing Snapshot
Days Online
111
Last Updated
Property Type
Apartment
Lot Size
0.21 Acres
Year Built
1948
MLS Number
DW26119091
Additional Details
Building
Built in 1948, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: 1
Community
Sidewalks
Expenses
Operating: $43,890
Garage
4 spaces
Income
Gross Income: $125,400, Gross ScheduledIncome: $125,400, Net Operating Income: $81,510
Based on information from California Regional Multiple Listing Service, Inc. as of and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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