2938 E 60Th Place
Huntington Park, CA 90255
$87,000.00 (-3.64%)
Active for $2,300,000
Beds: 18 Baths: 9 Structure Size: 7,650 sqft Lot Size: 9,002 sqft
| MLS | 24380259 |
| Year Built | 1962 |
| Property Type | |
| County | Los Angeles |
| Status | Active |
| Active | $2,300,000 |
| Structure Size | 7,650 sqft |
| Lot Size | 9,002 sqft |
| Beds | 18 |
| Baths | 9 |
Description
NEW PRICING. 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.
Listing information courtesy of: Darin Spillman, Kidder Mathews of California, Inc. . *Based on information from the Association of REALTORS/Multiple Listing as of 11/23/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.
Location
Contact a Local Realtor®
Juan Castro
Realtor®
Direct: 562.287.4944
Email: Email Me
DRE: 02001442
DRE #01873088
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