$ 2,925,000
-
$2,925,000
Price -
3
Bed -
2
Bath -
9,160
SqFt
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About the Listing 51247 - CV33418
Priced to Sell! Exceptional opportunity to acquire a 14-unit apartment community in the city of Huntington Park, offered at $2,925,000. This well-located asset delivers a strong 5.4% CAP Rate and 12 GRM, providing attractive day-one cash flow with significant long-term upside potential. The property features an excellent unit mix consisting of four 2-Bed/1-Bath units and ten 1-Bed/1-Bath units, appealing to a broad tenant base and supporting consistent occupancy. Offering approximately 9,160 rentable square feet on a 13,887 sq. ft. lot, the property is positioned on a prime corner location within walking distance to shopping, dining, and schools. Tenants enjoy highly desirable amenities including 19 onsite garage parking spaces, private gated entry, and an onsite laundry facility, features that continue to support tenant retention and rental performance. Investors will also appreciate the property’s excellent price per unit and the opportunity to capture a massive 30% upside in rental income, creating a path to increased cash-flow over time.
Listing Highlights
Status
Active
Days on Site
7
Property Type
Multi-Family
MLS ®
CV26114763
Year Built
1965
Total Square Footage
9,160
Lot/Acreage
0.32
Interior Details
- Bedrooms: 3
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Wall/Window Unit(s)
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,No Land Lease
- Garage Capacity: 19 car
- Parking Spaces: 19
- Zoning: HPCN-R3*
- Roof: Shingle
- Others: 2+ Total Units
- Sewer: Public Sewer
- Parking Features: Carport,Door-Single,Garage
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 6320009028
- Tax Year: N/A
Payment Calculator
Monthly Payment
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- in Taxes
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Questions About..
2821 Randolph St Huntington Park, CA 90255
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