Fully occupied 7-unit multifamily investment opportunity located on a corner lot in Huntington Park. The property consists of two low-rise buildings and offers long-term tenancy with stable in-place income. Unit mix includes primarily 1-bedroom/1-bath units along with larger 2-bedroom units. Several units feature updated kitchens, remodeled bathrooms, and newer flooring.… Read More Tenants pay their own electricity with individually metered units, contributing to lower operating expenses. The property includes six on-site parking spaces, a valuable amenity in this submarket. Centrally located near schools, public transportation, major employment centers, and with convenient access to the 5, 710, and 105 freeways. Ideal for investors seeking a stable asset with long-term upside potential. Drive-by only; do not disturb occupants. Read Less
Property listed by Castra Realty, Inc, RENE RAMIREZ 310-259-7556
Listing Snapshot
Days Online
371
Last Updated
Property Type
Apartment
Lot Size
0.13 Acres
Year Built
1955
MLS Number
IV25085582
Additional Details
Building
Built in 1955, 2 buildings, 2 stories, Levels: Two, Entry level: 1, Entry location: vary
Community
Sidewalks
Cooling
WallWindowUnits
Expenses
Operating: $23,780
Fireplaces
None
Heating
WallFurnace
Home Owner's Association
Association Fee: $0
Income
Gross Income: $114,264, Gross ScheduledIncome: $110,952, Net Operating Income: $87,172
Laundry
SeeRemarks
Lot
0.1282 acres, CornerLot
Parking
6 open parking spaces, 6 total parking spaces, Paved, OneSpace, Uncovered
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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